Lenders Checking In? Hoteliers Say Construction Lending Is Reviving | wsj.com
With the U.S. hotel industry nearly fully recovered from the recession, are lenders finally ready to revive the long-dormant construction industry for hotels? Some hoteliers speaking at an industry conference this week in Los Angeles said that construction lending has come back, and a wave of new hotel openings will result in the coming years. Others, however, cautioned that underwriting standards remain stricter than during the boom, and...