TSX:HOT.DB.V - Post by User
Post by
hawk35on Jul 29, 2019 7:05pm
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Post# 29972704
Good for the long term but ...
Good for the long term but ...This strategy may be good for the longer term but it will be challenging short term.
Today the company has 112 hotels supporting the dividend. In September they will only have 67 hotels. Will the revenue from these remaining hotels support the current distribution?
What will the company do in the short term ( 6 to 12 months) to manage their lower cash flow?