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Hotel Mortgage Delinquencies Reached Record Levels in July

Fred Hsu  / Wikimedia

The roughly 23 percent of hotel mortgages in default in the United States in July set a record, but it could get worse if the coronavirus pandemic and its laissez faire enablers insist on hanging around. Fred Hsu / Wikimedia

Skift Take: Bad hotel loans in the United States in July reached record levels, 23.4 percent, but it could get worse if the coronavirus pandemic and its laissez faire enablers persist.

— Dennis Schaal

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