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With the slowdown in travel, many hotels are in a financial squeeze

from Marketplace

With the slowdown in travel, many hotels are in a financial squeeze Marketplace Fewer of us are traveling these days, and there's new data showing how that's affecting the hotel industry. The research company Trepp found that more than 23% of commercial mortgage loans taken out by hotels are at least 30 days delinquent as of July. That's the biggest delinquency rate since Trepp started tracking this in 2009. READ MORE

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