By Emil Iskandar, Senior Vice President, Capital Markets, Los Angeles
share this article
Vaccine rollouts, an increase in local and regional non-air travel trends and higher transaction volumes are all positive news supporting an elevated degree of confidence for a market rebound. Multiple announcements made by large investment funds committing to substantial capital injections into the hospitality lending space will also provide a boost. Advertisements
Despite all this, for most, with the exception for the strong, well-capitalized borrower, access to debt capital is virtually unattainable. This article aims at highlighting the relationship between the major trends and providing some insights into reasons why we are stuck in the current lending status quo. Furthermore, it offers an argument of what may help hotel lending get back into gear and become available again to the general masses.
Hotels Magazine hotelsmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hotelsmag.com Daily Mail and Mail on Sunday newspapers.
About this Event
Join the industry’s key players at the HOTELS Opportunities Conference.
HOTELS is hosting an in-person event in Miami on March 31 at the Mandarin Oriental focusing on Deals, Workouts and Access to capital.
Panels will highlight how to pivot and reinvent during COVID-19, educate about workout options, gain access to new funding sources, teach how to finance new acquisitions, finding distressed hotel deals and discuss federal and local assistance.
The current COVID market has shifted the norm. This event will be held in-person with plenty of social distancing.. We will take all reasonable COVID precautions. With this in mind, we feel it’s time to start hosting in-person events in order to support the industry.