Today's hotel market is thriving, competitive and bullish. It's also a day late and a dollar short, overleveraged and obsolete. In fact, how the hotel…
Through Icahn Partners LP and certain affiliates, billionaire investor Carl Icahn has acquired 51 % of the first-lien debt owed by Trump Entertainment.…
Back in January, RevPAR International launched its L3 Services platform to aid lenders, lawyers and loan servicers in dealing with troubled hotel assets.…
As handy phrases go, extend-and-pretend is hard to beat. It's a shorthand that is easy to understand and summarizes, whether fairly or not, the approach…