Lawlessness and Crime Impacts San Francisco Tourism as Hotel Owners Default

Posted on 06/08/2023

Hotel investors are feeling and seeing the highest series of interest rate increases in 40 years, engineered by the Federal Reserve. Park Hotels & Resorts Inc. (NYSE:PK) is one of America’s largest hotel real estate investment trusts. Park Hotels & Resorts is exiting out of two hotels in downtown San Francisco, saying it lacks confidence…

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