📊 Topic

Capital expenditure

3 stories · First covered Mar 18, 2026 · Latest Mar 26
Related: RevPAR 1 Capital allocation 1 Host Hotels & Resorts 1 RevPAR Growth 1 The Westin 1 hotel REIT 1 Washington DC 1 DiamondRock Hospitality 1 Ashford Hospitality Trust 1 floating-rate debt 1 Adjusted FFO per share 1 Preferred stock redemption 1
Capital expenditure Coverage
DiamondRock's Preferred Stock Redemption Freed $9.8M a Year. That's the Move Worth Studying.
REITs
Mar 26

DiamondRock's Preferred Stock Redemption Freed $9.8M a Year. That's the Move Worth Studying.

DiamondRock's 2025 capital recycling tells a cleaner story than its RevPAR guidance does. The $121.5 million preferred stock redemption eliminated a 8.25% annual cost of capital that most hotel REIT investors are still overlooking.

JC
Jordan Chen 2 min read · Mar 26
Ashford Hospitality Trust Is Carrying $2.6 Billion in Floating Rate Debt at 7.7%. Do the Math.
REITs
Mar 25

Ashford Hospitality Trust Is Carrying $2.6 Billion in Floating Rate Debt at 7.7%. Do the Math.

Ashford Hospitality Trust's $325 million mortgage default, suspended preferred dividends, and 95% floating-rate debt at a 7.7% blended rate tell a story that every hotel REIT investor should be stress-testing against their own portfolio right now.

JC
Jordan Chen 2 min read · Mar 25
Host Hotels' $1.1B Asset Sale Looks Smart Until You Check the Reinvestment Math
Transactions
Mar 18

Host Hotels' $1.1B Asset Sale Looks Smart Until You Check the Reinvestment Math

Host Hotels just dumped two Four Seasons properties for $1.1 billion and is projecting FFO per share to decline in 2026. The capital recycling story sounds clean. The numbers tell a more complicated story about what "optimization" actually costs the shareholder.

JC
Jordan Chen 3 min read · Mar 18