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Luxury Hotels at Risk – Bloomberg Video

September 24, 2009

We’ve already seen numerous defaults in luxury hotels in San Francisco, some strategic defaults, others out of pure distress. Nonetheless, the pressure is mounting. We’ve been at a point now where RevPAR has been under immense pressure for quite some time, coupled with significant speculative acquisitions which took place over the past few years by PE funds.




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Categories: Commercial Finance and Lending | Trends
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