Hi Tina :
I would say it's much to early to consider shortly, or for that matter to realistically be talking about POR's. The trust only IPO'd in Dec of 2006. The Trust has, until very recently, been holding a high percentage of their holdings in cash.
In March 2007 they bought one hotel, in April 2007 they bought another, and quite recently have bought four more. These purchases will no doubt decrease the POR considerably. By exactly how much, will not be know until a quarterly report (probably Q3) is out showing their full effect.
Their first purchase was a very posh health resort, which showed very good financials as a private company. The announced capitaliztion rates for the purchased properties seem very good.
Disclosure : I own their debenture