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US hotel projects to stall as developers unable to receive loans

Due to tighter lending standards from regional banks, US hotel developers are finding it more difficult to secure funding, slowing the construction of new hotels

New yorkUnited statesRandy ingrahamJoseph delli santiLas vegasMitchell hochbergFirst republic bankNational association of black hotel ownersSignature bankLightstone groupSilicon valley bankShopoff realty investmentsDream las vegasBuild centralChief investment officerNational association

New bank regulations slows money for U S hotel developers

Due to tighter lending standards from regional banks, US hotel developers are finding it more difficult to secure funding, slowing the construction of new hotels

United statesNew yorkJoseph delli santiLas vegasMitchell hochbergRandy ingrahamLightstone groupSilicon valley bankShopoff realty investmentsFirst republic bankNational association of black hotel ownersSignature bankDream las vegasBuild centralChief investment officerNational association

US hotel developers run out of cash as construction lending dries up

The hotel industry's predicament highlights the impact on the broader US economy of the regional banking crisis

United statesEvens charlesRandy ingrahamLas vegasJoseph delli santiJames hansenMitchell hochbergFrontier developmentHospitality groupLightstone groupShopoff realty investmentsPacwest bancorpFirst republic bankSilicon valley bankNational association of black hotel ownersSignature bank

US hotel developers run out of cash as construction lending dries up

Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans appetite for travel is ripe.. | June 5, 2023

United statesEvens charlesMitchell hochbergLas vegasJoseph delli santiDeepa babingtonRandy ingrahamCaroline staufferJames hansenShopoff realty investmentsSignature bankHospitality groupHotel equitiesCaterpillar incFrontier developmentHilton worldwide holdings inc

Analysis-US hotel developers run out of cash as construction lending dries up

Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans appetite for travel is ripe.. | June 5, 2023

United statesJoseph delli santiLas vegasCaroline staufferMitchell hochbergDeepa babingtonRandy ingrahamJames hansenEvens charlesMarriott internationalHospitality groupCentral incPacwest bancorpSilicon valley bankShopoff realty investmentsCaterpillar inc

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