Peter Pays Paul

Inside commercial hard money lending.

15 Dec

Are Hotel Owners in for a Rough Year?

Category: Commercial Real Estate

Hotels were one of the few commercial asset classes that were overbuilt. As Americans transition from spenders to savers it is likely that vacation plans will be curtailed. Business travel as well may be affected as companies become cost conscience.

The news is already looking bleak:
Calculated Risk: Hotels: Occupancy Rates Keep Falling.

Hawaii Hotel Occupancy Falls 6.5%

Tags: Commercial Real Estate, Hotels


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Posted Monday, December 15th, 2008 at 5:21 pm
Filed Under Category: Commercial Real Estate
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