Hotel Owner Vs. Debt Service, How to Prepare for the Downturn

James E. Fitzgerald | November 20, 2019

By James Fitzgerald The Uptrend Is Ending, Now What? Most people don’t see all the obstacles a hotel owner faces once their hotel revenues start declining; such as if the next travel recession strikes or new hotel competitors enter the market, cash flows fall, and tensions rise. This is particularly true for overleveraged hotels or those with balloon maturities. So, as this incredible hotel 11 year up-cycle begins to slow, the wise Owner will not solely rely on their management company but will consider all alternatives well in advance of a problem. Hotels really are a different animal, some may say, a bird, as the “Peacock”...