Saturday, September 19, 2020

Nearly 70% of Houston hotels have financial problems due to Covid-19 and falling oil prices

 Here is the link. 

About 69% of hotels in Houston have delinquencies due to the Covid-19 pandemic as people limit travel and also in part because of rapidly falling oil prices. CNBC's Seema Mody joins 'The Exchange' to discuss. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

Hotel delinquencies

During the pandemic

City % Defaulted

Houston 69%

Chicago 54%

New York City 31%


No comments:

Post a Comment