Our Company is a real estate investment trust (REIT) that owns, operates, and manages a diverse portfolio of hotels and service-focused retail net lease properties. Established in 1995 under Maryland laws, the company has expanded its holdings to include 221 hotels with 37,777 rooms across 36 states and additional territories, as well as 752 retail properties totaling over 13 million square feet. Our primary growth strategy focuses on geographic diversification and asset management practices that enhance operating performance and maximize long-term asset value.
The company implements internal growth through effective asset management strategies, while its external growth is guided by acquisition and financing policies determined by the Board of Trustees. Capital investments are executed to upgrade hotel properties and maintain the quality of retail assets, creating a stable income stream for shareholders. Given its extensive portfolio and partnerships with well-known hotel brands, the company is strategically positioned to capitalize on upswing trends in the hospitality and retail sectors.