American Tower's (AMT) coalition with Allianz Capital will help in its European business expansion, in turn, generating sustainable growth and attractive returns in the years to come.
The hotel industry is focused on the provision of short-term lodging, including hotels and motels, as well as accommodation-related services. The hotel industry is split into two main categories of companies: C-corporation hotels, such as Marriott International Inc. (MAR) and Hilton Worldwide Holdings Inc. (HLT); and hotel real estate investment trusts (REITs), like DiamondRock Hospitality Co. (DRH) and Park Hotels & Resorts Inc. (PK).
Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.3438 per diluted share for the Company's 5.5% Series B Cumulative Convertible Preferred Stock for the second quarter ending June 30, 2021. The dividend, which equates to an annual rate of $1.375 per share, is payable on July 15, 2021, to shareholders of record as of June 30, 2021.