The wave of distressed hotel assets that some expected to hit the market in 2020 never materialized, as lenders granted flexibility and the government provided relief. But a new set of circumstances could now force more hotel owners to put their properties — most of which haven’t yet reached pre-Covid levels of demand — up for sale. 
Nineteen months into the coronavirus pandemic, many hotel owners have deferred renovations to the point where their brand partners are pushing them to reinvest or their properties are becoming less competitive in the market, hotel executives said Tuesday at Bisnow’s Lodging Investment Summit in Washington, D.C. The problem for…  Read the full story here. | 
