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Why did the Loews deal collapse? Company cites market difficulties

By , Daily Memphian Updated: February 09, 2022 7:56 AM CT | Published: February 09, 2022 4:00 AM CT

β€œThe pandemic put challenges on the hotel market and the lending market, making the economics of our proposed transaction remarkably difficult.”

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Loews Hotel Renasant Convention Center Downtown Memphis Commission Loews Subscriber Only

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Rob Moore

Rob Moore

Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.


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