The US real estate market presents itself as a highly capital intensive business and therefore
an important part of the US economy. We examine the presence of dependence between 50 …

Purpose This study aims to examine the performance of real estate investment trusts (REITs)
in emerging property markets. The paper used the Nigerian REIT (N-REIT) as a case study …

This research empirically investigates the impact of lodging firms' chief executive officer
(CEO) transition announcements on stock performance and trading activity. Specifically, the …

This study applied the Fama–French three-factor model to model the returns of 33 US
publicly traded lodging real estate investment trusts over a 20-year period. Results indicated …

This study examines the performance of public lodging real estate investment trusts (REITs)
following the financial crisis period from 2013 to 2017. We employed data envelopment …

Purpose–The purpose of this paper is to study whether geographic and sector diversification
allow for a significant reduction in the risk exposure of a portfolio of hotel investments in one …

This article contributes to an understanding-presently undeveloped-of the production of
hospitality spaces in South Africa, and in particular examines the country's growing hotel …

Purpose: This study examines the correlations between the structure, conduct and
performance of Real Estate Investment Trusts in Nigeria (N-REITs) with a view to providing …

Several families of copulas are considered in this study to illustrate the correlation between
real estate–particularly hospitality real estate investment trust-and the tourism sector. In …

This paper examines how the systematic risk of large commercial real estate owners is
associated with geographic diversification. It analyzed time-varying equity betas and …