CorePoint Lodging Inc., a real estate investment trust company, owns select-service hotels primarily under the La Quinta brand in the United States. As of December 31, 2020, it had a portfolio of 209 select-service hotels and approximately 27,800 rooms across 35 states in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. CorePoint Lodging Inc. was incorporated in 2017 and is headquartered in Irving, Texas.
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After back-to-back negative return months at the start of the year, REITs began the recovery process in March with a +4.93% total return....
It's been a 'Tale of Two Americas' of late for the hotel industry. Several markets and categories continue to report severely depressed demand while others are seeing record-high occupancy rates....
The offer from Cerberus values the company at below the liquidation value....
The hotel real estate investment trust has been self-liquidating for a number of years, and now it just agreed to complete the plan. For better or worse....
NEW YORK, Nov. 19, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights ...
Real estate business takeaways from today's news....
CorePoint Lodging (CPLG) delivered FFO and revenue surprises of 14.63% and 3.52%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?...
CorePoint Lodging: Plenty Of Gains Still To Come...
Does CorePoint Lodging (CPLG) have what it takes to be a top stock pick for momentum investors? Let's find out....