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Holloway Lodging Corp HLLOF

"Holloway Lodging Corp is a Canada-based hospitality company that owns and operates hotels across Canada. The company is a real estate company focused on acquiring, owning and operating select and limited service lodging properties and a small complement of full-service hotels primarily in secondary, tertiary and suburban markets. The company is engaged in property management, accounting, sales, purchasing, maintenance and asset management. It owns and operates approximately 30 hotels and holds


GREY:HLLOF - Post by User

Bullboard Posts
Comment by Loadon Dec 19, 2008 9:09am
453 Views
Post# 15656583

RE: You think this ones cheap now....

RE: You think this ones cheap now....normally I owuld think that is fear mongering.  on real estate - IF you have a Canada Life REIT or the REIT fund - it is closed for redemptions - yes you cannot get your money out as a run on redemptions in any fund means that teh underlying asset must be sold.  this is normally not a big issue with an equity fund as equities are liquid.  real estate is not.  Real estate may very well be in big trouble
Bullboard Posts