With steep new tariffs bearing down, a travel ban in the works and persistent talk of annexing foreign land, hotel owners are wary of the potential travel impacts of President Donald Trump’s policies.
Additional uncertainty has piled on as companies work to complete their recoveries in the face of a growing wave of loan maturities set for this year.
“As is with a lot of things going on in the economy, it’s very hard to forecast what the President is going to do, and it is conceivable that this isolationism could have a longer-term impact, which is something we’re monitoring carefully,” said Mitchell Hochberg,…