• US lenders look to hotels

Lenders in the US are planning to increase their exposure to the hotel sector, according to a report from Bloomberg.

Lenders’ losses on non-performing hotel loans were running at lower levels than other real estate classes, according to data from Trepp, a mortgage-information provider. A recovery in trading was assisting the market.

See the full story here:
http://www.bloomberg.com/news/2010-11-29/banks-increase-hotel-financing-as-loan-recovery-beats-all-u-s-properties.html

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