Hyatt still building hotels during crisis & looking at alternative capital — possibly EB-5

  • Written by GCBI Team Posted on July 23, 2020 | Updated on July 23, 2020 | 1 min read

The hotel industry has been hit hard by COVID-19; traditional lending for new projects has all but dried up. But Hyatt’s nine-hotel Thompson brand is expanding by six properties, and identifying less conventional debt sources, possibly including EB-5. Though scrutiny on lending is higher than before, Hyatt believes that even now quality projects will get financed — and succeed long-term.

Read the Yahoo! News article