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.

Read Full Article


Leave a comment