Dark Money Buy: Look for a Quick Double on this Hotel Trade
With the coronavirus spreading, travel and leisure stocks are taking a big hit in the market. One area suffering is the hotel sector as businesses cancel conferences that make up a lot of revenue for this industry. Using our Dark Money Monitor, Nomi and Dan turn to one REIT that is one of the largest owners of luxury and upper-upscale hotels in the country. As revenue suffers due to the pandemic, it will put pressure on its stock price as a result.