📊 Topic

Floating-Rate Hotel Debt

2 stories · First covered May 7, 2026 · Latest 1d ago
Related: Federal Reserve 2 Revenue Management 1 RevPAR 1 Franchise Fees 1 Hotel Industry 1 Hotel Refinancing 1 Select-Service Hotels 1 CMBS hotel loans 1 Hotel Development Pipeline 1 Debt Service Coverage Ratio (DSCR) 1 FOMC 1 Hotel Mortgage Debt 1
Floating-Rate Hotel Debt Coverage
A 25-Basis-Point Hike on a $50M Floating-Rate Loan Costs $125K. That's 1,400 Room Nights You Don't Have.
REITs Primary
1d ago

A 25-Basis-Point Hike on a $50M Floating-Rate Loan Costs $125K. That's 1,400 Room Nights You Don't Have.

Nine Fed officials now project a rate hike by year-end, reversing the trajectory every refinancing timeline was built on. If you're carrying floating-rate hotel debt and still waiting for the window to open on fixed-rate conversion, the window just got smaller.

JC
Jordan Chen 2 min read · 1d ago
Four Fed Dissents. $48 Billion in Hotel Loans Maturing. Do Your Covenants Hold at 4%?
REITs Primary
May 7

Four Fed Dissents. $48 Billion in Hotel Loans Maturing. Do Your Covenants Hold at 4%?

The Fed held at 3.50–3.75% last week, but four FOMC members dissented for the first time in over 30 years, and market odds now price a hike above 50% by early 2027. If you're carrying floating-rate hotel debt originated in 2021–2023, the assumptions baked into your pro forma are about to get tested.

JC
Jordan Chen 2 min read · May 7