Hotel Oversupply Raising US CMBS Loan Concern
Banking & Financial Services / United States / Mon 29 Jan, 2018
Early warning signs of declining hotel performance have emerged. Fitch has seen an increase in the volume of hotel loans transferring to special servicing and performance metrics in seven of the top US metropolitan markets are under pressure by oversupply. However, we expect revenues across the broader US market to grow through the end of 2018