Hotel loans by ProQuest


There are several myths and misconceptions made about hotel loans that, if allowed to shape bank strategy, will destroy your ability to maximize and accelerate your recovery. The myths include: 1. Hotels are just like any commercial real estate project. 2. Franchised hotels produce consistent results. 3. Occupancy and average daily rate statistics produce "stabilized" income, much like any other multi-tenant commercial property. 4. The most dangerous myth is: "It's the economy." Reality is that a perfected interest in a hotel property is worth little if the property's operating performance is poor. The lender must have a detailed understanding of the operating results, how they were achieved and what is required to produce a successful recovery.

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