Nationally, hotel projects are suffering some of the steepest lending downturns in a climate where many commercial real estate owners are struggling to find capital for construction loans and other financing .Currently there are thousands of Hotel Developers and Owners with excellent track record and credit you are seeking to obtain a loan to construct a hotel for under $10 MM. Banks have been reluctant to provide financing even for the most feasible and profitable markets. Hotels are the only industry where jobs can not be outsource. Tourism supports over 8 million U.S. jobs. 50 million Chinese are traveling outside their home countries. America is one of their top destinations. Each foreign visitor on an average spends $4000 per visit. Banks Must start lending for Hotel Construction.
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