(Money Manager) - Innkeepers USA Trust: this REIT is a hotel based investor, it owned big names such as the Marriott and Hyatt, this company is based in Palm Beach Florida. Innkeepers USA Trust is a company that invests only in high end hotels and long stay apartment buildings they were once one of the largest hotel REITs in the business. This REIT owned about 75 hotels in dozens of states these hotels were both and owned and managed by the company, the total rooms that were owned by Innkeepers USA Trust as of 2004 was approx. 10,000 these rooms and hotels are spread out amongst 19 different states in which the company has investments.

Read the rest of this entry »