What Happens When a Massive Wave of Hotels Default?
Some hotels like Chicago’s Palmer House (pictured) are facing foreclosure, but real estate attorneys see alternative options for struggling owners. ThreeIfByBike / Flickr
Some hotels like Chicago’s Palmer House (pictured) are facing foreclosure, but real estate attorneys see alternative options for struggling owners. ThreeIfByBike / Flickr
Universities with hospitality schools like Cornell (pictured) aren’t likely to make swift changes to curriculum in light of coronavirus. But the pandemic is a hot topic within every classroom. sach1tb / Wikimedia
U.S. hotel unemployment dropped to 29.9 percent in September but remains roughly four times higher than the national average. andrewbecks / Pixabay
Critics argue safety measures like temperature checks are more theatrical than effective against the spread of coronavirus. Hotel brands say they help build guest confidence. NeferJanah Meistrup / Wikimedia
Palm Court Suite at Raffles Hotel Singapore. Accor Group
A flooded scene in Venice on October 28, 2012. The city built a flood barrier that is stopping high tides from overrunning the city. Roberto Trombetta / Flickr.com
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