Raleigh, N.C., June 17, 2019 – CrediVia, a marketplace driving smarter decisions and real relationships in hospitality financing, has published a whitepaper, “The State of Hospitality Lending Today.”
Over the past 10 years, U.S. hospitality growth has remained strong. In fact, U.S. hotel gross bookings grew from $116 billion to $185 billion from 2009 to 2017. Since these upcycles tend to last about a decade, many analysts predict that the market will soften soon. Though growth may slow down, hotel financing volume is expected to remain robust over the next few years.
“The State of Hospitality Lending Today” provides in depth statistics and survey results on hotel supply and demand, revenue predictions and lenders’ optimistic outlook about the future of hospitality lending. It also explores the top trends driving the hotel industry forward, specifically highlighting the most notable influencers shaping on hotel loan market.
CrediVia is a cloud-based platform that directly connects hospitality lenders and borrowers, allowing them to have the greatest potential for mutual success. The online marketplace keeps the application process simple, fast and transparent without sacrificing the loan’s integrity. CrediVia becomes borrowers’ return source for new financing, and lenders’ reliable partner for loan relationships right for their portfolio. Visit CrediVia.com or follow @CrediVia for more information.