Funding Services

Funding

The hospitality industry continues to be an attractive sector for developers. Hotels grew revenue per available room (RevPAR) by more than 3% in 2016, and that growth is expected to continue in 2017. However, funding for hospitality development is becoming harder to obtain, largely because many banks are concerned that the growth trend is nearing its peak. Funding Hospitality Development projects.jpg That leaves hospitality developers in need of a simple strategy for funding their hospitality development projects. There are several different options for consideration if you know where to look for funds to supplement traditional bank loans.