COVID-19 credit crunch could shrink hotel pipeline

By , Daily Memphian Updated: August 10, 2020 4:00 AM CT | Published: August 10, 2020 4:00 AM CT

Some experts expect fewer hotels to be built in Memphis over next couple years because of tight credit market for projects with no clear path for recovery from COVID-19.

Topics

hotel and lodging industry travel and tourism industry credit shortage Hotel Development Chuck Pinkowski American Hotel & Lodging Association One Beale The Walk on Union Downtown Memphis Commission Loews Convention Center Hotel
Wayne Risher

Wayne Risher

Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.


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