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› Renegotiating Commercial Hotel Loans: Getting a Discounted Payoff is Possible But Complicated
Renegotiating Commercial Hotel Loans: Getting a Discounted Payoff is Possible But Complicated
2024-09-12 16:30:16| Hotel Resource
In times of crisis, some hotel owners find themselves overwhelmed by debt and face a difficult dilemma & either keep putting more of their money into their troubled assets or stop paying their mortgages and lose their hotels to foreclosure.
Category:
Hospitality
LATEST NEWS
U.K. Job Vacancies in the Hospitality Sector Fall Below 100,000, But Wage Pressures Remain
2024-09-12 16:06:07| Hotel Resource
New data from the Office for National Statistics showed that there were 98,000 vacancies in food service and accommodation, falling below 100,000 for the first time since the pandemic.
Category:
Hospitality
Portfolio Expansion Continues for Top Hotel Owners and Operators in Australia and New Zealand
2024-09-12 15:54:37| Hotel Resource
Some well&established owners in the mid&ranks dropped down in the top 10 list as their competitors acquired and developed new assets, new CBRE research shows.
Category:
Hospitality