Light at the end of the investor tunnel?
Many in the industry anticipated that the impact of the last 15 months would lead to widespread distress in the hotel and hospitality industry with investors having dry powder to invest and take advantage of the anticipated opportunities. This has not yet been the case but there are some key issues that are keeping borrowers and lenders awake at night. With the stress of the pandemic coming to an end for the industry, does this mean that we will not see any of that stress turning into distress? Contributed by Richard Hughes, partner, Watson Farley & Williams, an international law…
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