Financial Services >> Analyst Interviews >> September 19, 2013

Lodging REITs Positioned for Upside Through 2016

Bhalla, Nikhil
Nikhil Bhalla is a Vice President of Equity Research at FBR Capital Markets & Co. He graduated from Cornell University's School of Hotel Administration with a master's degree in management in 2003, after which he joined the real estate valuation and advisory group of CB Richard Ellis, the largest real estate brokerage firm in the world. In 2005, he joined Susquehanna Financial Group LLLP as an Associate covering lodging and cruise lines, and returned to the industry in 2006 as Director of Feasibility and Strategic Analysis at Host Hotels & Resorts, the largest hotel REIT in the world. Subsequently, in 2008 Mr. Bhalla joined FBR Capital Markets & Co. to cover the lodging sector. Profile
TWST: If you would, please start with a quick snapshot of your coverage universe.

Mr. Bhalla: I cover a total of 17 companies including nine lodging REITs. My focus is really on the