Man in Black: The Economic Race Hotels Will Lose

By editor | Published: August 28, 2009

Hotel income (demand and rate) is projected to decrease (yes decrease) by 3-4% in 2010. However, if the current LIBOR of 0.27% goes up just 280 basis points, as it did in the 1994 recovery, then most floaters will go from their current 2.75% to over 5.5%- an increase of 100%.  Click here for Steve Van’s full blog…

This entry was posted in Hotels, Market News. Bookmark the permalink. Both comments and trackbacks are currently closed.















































  • Follow Daniell Development, Inc. on Twitter, Facebook and LinkedIn.