Outlook for hotels brightens as both leisure and business travel recover

Pent-up demand to hold weddings, receptions and other events that were postponed in the past year could offer a boost to the hotel sector in the future, writes Nareit’s Calvin Schnure. Leisure travel will likely recover more quickly than business travel, and Schnure notes that lodging/resort REITs offered total returns of 81.4% from November through March, well above the returns for the S&P 500.