New breed of investors eye “wall of distress” as hotel debts go unserviced

According to leading hospitality experts Andrew Sangster, Nick Doffman and Clive Hillier, new private equity ‘opportunity funds’ (sometimes called vulture funds), have gathered billions of dollars to sweep up distressed hotel property. As banks finally let go of their ‘underwater’ deals – we may be about to see a wall of distress coming to market. This long awaited event signals new opportunity… VIDEO

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