Press Release

DBRS Morningstar Posts Replay on CMBS Webinar Series: Spotlight on the Hotel Sector

CMBS
April 09, 2021

DBRS Morningstar posted a replay wherein Steve Jellinek, head of DBRS Morningstar commercial mortgage-backed securities (CMBS) research, and others from the CMBS team discussed trends observed in select hotel markets in the U.S. As recovery from the pandemic continues, the timing and strength of the rebound in hotel performance will vary by market. To illustrate our view, we discussed six large markets, each with a different hotel landscape: Chicago; Orlando; Hawaii; Austin, Texas; Houston; and New York.

The DBRS Morningstar CMBS team recently published commentaries on the six hotel markets. Use the following links to check out the commentaries:

-- “Chicago Hotels Are Out of ‘The Loop’ for a Quick Recovery” at https://www.dbrsmorningstar.com/research/375960.
-- “Can Orlando Hotels Ride Out the Coronavirus Rollercoaster?” at https://www.dbrsmorningstar.com/research/375961.
-- “Seas the Day: Hawaii’s Hotel Sector Remains Buoyant Despite Slower Return to Normal” at https://www.dbrsmorningstar.com/research/375959.
-- “Diverse Drivers Will Help Austin's Hospitality Market Get Back in the Saddle” at https://www.dbrsmorningstar.com/research/376089.
-- “Houston: The Coronavirus Boom and Oil Bust” at https://www.dbrsmorningstar.com/research/376147.
-- “Coronavirus Takes a Bite Out of Big Apple Hotels” at https://www.dbrsmorningstar.com/research/376158.

To listen the webinar, please use the following link: https://youtu.be/qmLNlCnXX3A.

Notes:
For more information on this credit or on this industry, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.

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