Delinquency rates for commercial mortgage-backed security, or CMBS, hotel loans in the top 25 largest markets skyrocketed in 2020 when hotel demand dried up and owners defaulted on their loans. At its peak, the national delinquency rate for all loans topped 20.5% in July 2020.
Hotel Delinquency Rates in Larger Markets Substantially Muted
20 Markets in the Top 25 Register Delinquencies of Under 8%
By Jan Freitag
CoStar AnalyticsAugust 29, 2024 | 9:07 P.M.
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