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…
