Last week at the InnDependent Lodging Executive Summit, which took place the Hard Rock Hotel & Casino in Las Vegas, a panel of investors and industry specialists talked about the highs and lows of securing investors for independent hotels. While interest in these properties is at a historic high, lenders are starting to tighten restrictions and require more information before signing any checks. According to the panel, this is because the independent properties are lacking some of the benefits, such as a massive booking engine and corporate support, that branded properties enjoy. Read more here.
