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Hotel foreclosures quadrupled in California in 2009

Hotel foreclosures in California more than quadrupled last year as business travelers and vacationers cut spending and commercial real estate values plunged, forcing owners into default, according to

Travel slump triples California hotel foreclosures

Hotel foreclosures in California more than tripled in the first nine months of this year as business travelers and vacationers cut spending.

US hotels: Distressed and at high risk of foreclosure

CHICAGO, Illinois (eTN) - In the US, hotel loan defaults and foreclosures are on the rise. Alarmingly, the rate of increased shutdowns is expected to speed up even further.

US hotels face the fourth largest annual decline since the Great...

ATLANTA, GA - PKF Hospitality Research (PKF-HR), the research affiliate of PKF Consulting, has completed a special analysis of two critical issues facing hotel lenders today as the industry enters wha