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ANAHEIM, Calif. As the coronavirus pandemic wanes, real estate investors are gobbling up hotels near Disneyland and looking for more deals.
Within the past month, at least four hotels, including two in the Anaheim Resort District, where Disneyland and the Anaheim Convention Center are located, have new owners.
What You Need To Know
Real estate investors are looking to buy distressed hotel assets, but there are few available in the market
Despite struggling, some hoteliers were able to weather the financial impact of the pandemic, for now
Four hotels, including three in Anaheim and one in nearby Orange, have traded hands this month
The Straits Times
Kelly Ng
https://str.sg/JREG
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SINGAPORE (THE BUSINESS TIMES) - Eagle Hospitality Trust (EHT) has rejected allegations by a lender, Lodging USA Lendco, and its affiliated entity Claydon Hill Investments, that EHT had falsely disclosed in a circular that Lendco had not demanded payment for an US$89 million unsecured loan.