One in Four Hotels Can’t Pay Their Mortgages

Young business couple checking in at hotel and beautiful receptionist helping them very cheerfully

In a desperate plea for help, the hotel industry said it faces a default disaster, in which 25% of hotels are at risk of foreclosure. The report, sent to Congress this week and compiled by Trepp, shows that the percentage of hotel loans 30 or more days delinquent is 23.4% as of last month —… Continue reading One in Four Hotels Can’t Pay Their Mortgages