10 Tips For Dealing With Distressed Hotel Debt
Most hotel owners are uncertain how to do deal with a hotel loan in distress. This is understandable—their skill is in buying, building and operating hotels. The problem is that they think because they are good at hotel development and management, they will also be good at working out their loan's problems with their lender. As a result, they often don’t consult with anyone with real expertise in negotiating troubled loans with lenders. Here are 10 pointers to consider before picking up the phone to call your lender.
