As the lodging industry continues to head down the road to recovery, the hospitality debt market is showing a strong resurgence. JLL’s Hotel Investment Banking team, for example, has been actively engaged on more than $2 billion in financing assignments.
“We’ve been pleasantly surprised by the rapid recovery of the hospitality debt markets over the past several months,” said Kevin Davis, senior managing director who leads JLL’s Investment Banking team. “The increased liquidity and lower cost of debt capital should be a strong catalyst in the recovery of hotel asset values and should drive significant hotel sales activity.”
With many major lenders returning to the market, JLL’s Hotel Investment Banking team recently released its Hospitality Debt Market Commentary to provide insights on the state of the market and identify positive trends, including:
Debt funds are
