This hotel sector snapshot ain’t pretty

By Geert De Lombaerde Posted on October 8, 2009 at 11:31 am

The downturn in hotel management is likely to last well into 2011 and has one economist saying up to 20 percent of all hotel loans could default before we’re in the clear.

Tags: hotel management, lending, loans, recession

Comments

Leave a Reply

Recent Comments

SouthernIndie on Sobering thoughts on lower pay:
In our good state a select few run the place, 20 yrs ago and today....
Conrad Hilton on Sobering thoughts on lower pay:
Southernindie…Unfortunat ely you have suffered a dibilitating...
Conrad Hilton on Hotwire: Nashville hotel prices sliding:
And…Karl (Marx) Dean is spending one billion dollars...
Steve on LifePoint explains admissions slump:
Someone explain the difference between short stay and observation...
SouthernIndie on Hotwire: Nashville hotel prices sliding:
Watching the Chairman of Starwood Hotels yesterday on CNBC...
SouthernIndie on Dems mull stock-trade tax:
Funny how the Union’s feel about taxes. They complained about their...
kosh iii on Nossi set to grow:
Where is it?
myron_monk on Zut alors, Chauve-souris Homme!:
An absolutely ugly structure, which I have always thought did not take...
Kosh iii on Zut alors, Chauve-souris Homme!:
Too bad that ATT changed the look of the building so that it no longer...
mstrbat on Sobering thoughts on lower pay:
Yeah, well, look at the TN Legislature of good ol’ boys and the...
Blue on Sobering thoughts on lower pay:
As long as the red rules, we will be far behind other states. The GOP does...
pandabear on Big utility joins Nissan’s electric car push:
Nissan CEO Carlos Ghosn: I don’t know what...