Distressed Hotels: Financial Restructurings and Bankruptcy
Distressed Hotels: Financial Restructurings and Bankruptcy — By Kenneth A. Rosen, Jennifer Kimble

Lowenstein Sandler LLP · 28 Dec

COVID-19 has been devastating for the hospitality industry. Hotel occupancy rates are still well below normal. While some lenders are still granting relief to borrowers, lenders increasingly have been foreclosing on properties.