The AAHOA Broadcast

LA Business Journal: Hotel Industry Braces for Bankruptcies Amid Uneven Pandemic Recovery

| Nov 30, 2021

Hotels had braced for a temporary disruption to their businesses during the pandemic, but that disruption has extended, and now the industry is getting a wake-up call. With a still-staggering market and shrinking federal support, some of the hospitality industry’s most vulnerable are grappling with bankruptcy. According to bankruptcy attorney Robert Marticello, hotels that had prepared for COVID-19 to be a sprint are now grappling with the realities of a marathon.

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https://labusinessjournal.com/news/2021/nov/29/hotel-industry-braces-bankruptcies-amid-uneven-pan/

 

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