The Lenders Behind the NYC Hotel Boom

    New York City is currently in the midst of a major hotel boom, with more than 9,000 new hotel rooms in more than 50 properties joining the market in the last two years. But where is the capital for all these hotels coming from? A CrediFi analysis shows that NYC has a wide range of hospitality investors, including big national banks, regional New York banks, and even overseas banks and their subsidiaries. For more information, click here.

    Advertisement
    Previous articleUnemployment Low Despite Market Volatility
    Next articleHotels.com’s Captain Obvious Runs for President