Forefront | Blog
Hotel Bankruptcies Loom in the Year Ahead
January 27, 2023
Despite a strong rebound following the pandemic, U.S. hotels will likely struggle in 2023.
The industry is currently dealing with pressures from rising interest rates, increased operational costs, and looming recession worries.
If predictions of a mild recession come true, we can expect to see an increase in hotel bankruptcies.
