There is a ship in trouble and everyone seem to be talking about it.
The Edge Magazine ran an article titled Eagle Hospitality Trust could get wings clipped as key asset The Queen Mary sinks into disrepair.
Basically, Eagle Hospitality Trust (EHT) a REIT with full-service hotel assets in the United States owned a ship called The Queen Mary. It is an old ship. If you multiply Kyith’s age by 2 and it will still be older than Kyith.
Anyway, the ship is moored in the harbor and tourists, locals can stay in the 347 rooms and have fun there.
The Queen Mary Long Beach was acquired in Apr 2016 by Urban Commons and this year sold into Eagle Hospitality Trust.
There are 347 rooms, 1600 parking lots, 80,000 sq ft of meeting room spaces.
Owning the ship is one thing, but another aspect is the land surrounding where the
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