With RevPAR not expected to fully recover for five years, Fitch Ratings said it would continue the Rating Watch Negative (RWN) assessment for all Fitch-rated U.S. CMBS single-borrower hotel transactions. “The current uncertainty surrounding the severity and duration of the coronavirus pandemic and its impact on the hotel sector is precluding the removal of the RWN,” according to Fitch.


Fitch: Hotel RevPAR Will Take Five Years to Rebound

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