Lodging Magazine iconLodging MagazineAug 27, 2026

The Refinancing Wall Is Sorting Hotels, Not Punishing Them

Association puts $875 billion of commercial and multifamily mortgages due this year: 17 percent of everything outstanding, and 30 percent of all hotel loans—the highest share of any property type. What it will actually do is reveal who has options, after five years of operating and capital decisions.

The Refinancing Wall Is Sorting Hotels, Not Punishing Them

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What it will actually do is reveal who has options, after five years of operating and capital decisions.

The industry reads this as a wave that will wash owners out.

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Association puts $875 billion of commercial and multifamily mortgages due this year: 17 percent of everything outstanding, and 30 percent of all hotel loans—the highest share of any property type. What it will actually do is reveal who has options, after five years of operating and capital decisions. The industry reads this as a wave that will wash owners out.

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The industry reads this as a wave that will wash owners out.

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