| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
- |
| Revenues (TTM) (Millions $) |
32 |
| Net Income (TTM) (Millions $) |
1 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
Procaccianti Hotel REIT, Inc. is a real estate investment trust focused on acquiring and owning a portfolio of hospitality properties, primarily select-service, extended-stay, and compact full-service hotels across the United States. The company operates through its Operating Partnership and leases its hotels to taxable REIT subsidiary lessees. These subsidiaries contract third-party management companies, including affiliates of Procaccianti Companies, Inc., to manage the hotels. Procaccianti Hotel REIT raises capital through private and public offerings of various classes of common stock and maintains its REIT status by not directly operating the hotels.
Company Address: 1140 RESERVOIR AVENUE CRANSTON 2920 MD
Company Phone Number: 401-946-4600 Stock Exchange / Ticker: OTC PRXA
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