📊 Topic

Floating-Rate Hotel Debt

3 stories · First covered May 7, 2026 · Latest 17h ago
Related: Federal Reserve 3 Hotel Refinancing 2 Select-Service Hotels 2 CMBS 2 Revenue Management 1 RevPAR 1 Franchise Fees 1 Deutsche Bank 1 Hotel Industry 1 Bank of America 1 CMBS hotel loans 1 Hotel Development Pipeline 1
Floating-Rate Hotel Debt Coverage
A 25-Basis-Point Hike Adds $37,500 to a $15M Hotel Loan. Half the Fed Wants to Do It This Year.
REITs Primary
17h ago

A 25-Basis-Point Hike Adds $37,500 to a $15M Hotel Loan. Half the Fed Wants to Do It This Year.

Nine of eighteen Fed policymakers now project at least one rate hike in 2026, and the new Chair is the most hawkish the Fed has had in a decade. If you're carrying floating-rate hotel debt, the refinancing math you ran in January is already wrong.

JC
Jordan Chen 2 min read · 17h ago
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
3d 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 · 3d 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