Of 2,500 distressed hotel properties analyzed by The Business Journals, one in five had been reappraised since Covid-19's arrival in the United States in early 2020. Through November, some $3.5 billion in appraised property value had been wiped off the books at those hotels due to losses and impeded operations from the pandemic.
from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2021/12/02/omicron-hotels-valuations-landlords-lenders-cuts.html?ana=brss_609
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