Steves Hotels Monthly
The Hotel Industry is Starting to Recover
Today's lodging market has been hit hard by overbuilding and falling demand. As a result, many lenders are monitoring hotel loans that are not current in their debt service payments.
Today's hotel market is in a state of chaos. The overbuilding of the 1980s coupled with the recession of the 1990s has sent hotel occupancies in many parts of the country plummeting.
As more lodging properties run out of operating capital and are forclosed upon by their lenders, it becomes increasingly important for hotel buyers, sellers and lenders to understand the techniques utilized in valuing distressed facilities.
Steve Rushmore's April 2002 Monthly in Hotels
Steve Rushmore's May 2002 Hotels Monthly
Steve Rushmore's October 2002 Hotels Article