Hospitality Real Estate Deals Pivot Toward Operational Efficiency Amid High Interest Rates

By Steve Kirby, Managing Principal, Mumford Company · Lodging Magazine · 2026-09-21

Lodging Magazine reports that the hospitality sector has largely accepted that borrowing costs below 7% are no longer a reality. This shift forces hotel owners and investors to find value through brand conversions and management improvements rather than relying on cheap debt. Suc

Lodging Magazine reports that the hospitality sector has largely accepted that borrowing costs below 7% are no longer a reality. This shift forces hotel owners and investors to find value through brand conversions and management improvements rather than relying on cheap debt. Suc