Development
Primary
Jun 29
Canadian steel duties at 50% and a 100% tariff threat on European goods are hitting hotel renovation budgets from both sides simultaneously. The owners doing the math right now are the ones who'll survive the PIP cycle with their equity intact.
Development
Primary
Jun 7
Proposed 10%–12.5% tariffs on imports from 60 economies, including Canada, the EU, and Mexico, land directly on the materials hotels use for renovations, linens, and amenities. The comment period closes July 6, and the owners who aren't modeling the cost impact right now are the ones who'll absorb it later.
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