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As a real estate practitioner, having Donald Trump in the White House is a "great thing" for the already-hot hotel business, says Tyler Morse, CEO of MCR Development.
Shares of RLJ Lodging Trust (RLJ) rose on Wednesday morning after the REIT announced the sale of three hotels for nearly $300 million.
Hilton Worldwide (HLT) is expanding globally, taking advantage of a booming lodging industry, hotels managed by franchisees and Marriott's (MAR) preoccupation with its recent merger.
Evercore analyst Richard Hightower said Marriott could run into potential contractual issues by keeping all 30 brands under its umbrella.