The hotel industry has been struggling throughout the pandemic and only recently has begun to show signs of life. Looking ahead, we expect to see further consolidation in the industry and more rationalization in different segments particularly in the Select segment.
The broader commercial real estate industry experienced a great deal of stress, and while the past due loans retreated significantly since their peak in June 2020, they remain elevated relative to pre-pandemic levels. We survey hotel-backed loan performance and evaluate trends in hotel sales and mergers…..To learn more, download our January Hotel Spotlight.
Disclosures
This material does not constitute investment advice, nor does it constitute an offer in any product or strategy offered by Mannvit Advisors, LLC or its broker-dealer First Liberties Financial and should not be viewed as a current or past recommendation to buy or sell any securities. Any specific investment referenced may or may not be held in a Mannvit Advisors, LLC or a First Liberties Financial client account. It should not be assumed that any investment, in any property or other asset, was or will be profitable. Investment in real estate involves significant risk. Investors should consider their investment objectives, and it is strongly suggested that the reader seek his or her own independent advice in relation to any investment, financial, legal, tax, accounting or regulatory risks and evaluate their own risk tolerance before investing.
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