Moody's hosted a webinar to discuss the impact of COVID-19 on the hospitality sector.
The panelists discussed:
- Where has the stress manifested in property fundamentals, and are there geographic areas that are bouncing back faster than others?
- How is distress playing out in the CMBS debt markets, and are there opportunities given various market dislocations?
- As economic reopening ensues – and as reinfection rates rise – what are the short- and long-term prospects for hotel properties?
- What are the segments of the hospitality industry that are seeing near term recovery vs. those that will take longer to recover?
Cristina Pieretti, Managing Director-Head of REIS, Moody’s Analytics REIS (Moderator)
Keith Banhazl, Managing Director, CMBS Surveillance & CRE CLOs, Moody’s Investors Service
Victor Calanog PhD, Head of CRE Economics, Moody’s Analytics REIS
Kevin Fagan, Director of CMBS/CRE Research, Structured Finance, Moody's Investors Service
Mark Lomanno, Partner and Senior Advisor, Kalibri Labs