BID ARTICLE: Hospitality Industry – Is It Out Of Intensive Care Yet?

The hospitality industry was hit hard by the pandemic with more than 670K hotel jobs and nearly 4MM hospitality jobs disappearing last year. Yet, community financial institutions that lend to hotels and other hospitality-industry businesses are seeing a drop in loan delinquencies. With the recent Delta variant and increasing rates of infection, will loan delinquencies change course and do a U-turn? Read Article