Travel

Hotel Deals and Lending Zapped by Coronavirus at the Finish Line

Macki Ladrera  / Pexels

Lenders have taken a wait-and-see approach on hotel deals slated to close before coronavirus spread globally. Macki Ladrera / Pexels

Skift Take: Until lenders can wade through the $2 trillion U.S. stimulus package and determine valuations, hotel deals will remain on ice. Expect smaller banks to issue the first round of hotel loans on the upswing.

— Cameron Sperance

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