Brief
New York City Hotel Labor Deal Creates Hurdles for Hospitality Underwriting
The myriad headwinds facing New York City hotel investors just got even stiffer. The Big Apple’s hospitality industry confronted rising operating and borrowing costs from persistent inflation in recen
Summary
The myriad headwinds facing New York City hotel investors just got even stiffer.
The Big Apple’s hospitality industry confronted rising operating and borrowing costs from persistent inflation in recent years that was further compounded by a big drop in international tourism since President Donald Trump assumed office for his second term.
Disappointing booking numbers for […]
Source
- Commercial Observercommercialobserver.com
