College Football Cancellations Hike Risk on Hotel Loans in Power 5 College Towns
As colleges and universities grapple with the effects of the Coronavirus Disease (COVID-19) pandemic, already-struggling hotels in college towns will likely face further performance declines with postponed college football games and/or severely restricted in-person attendance at such games. This commentary discusses the implications of postponements and restricted attendance at games on hotels surrounding the 65 different colleges that comprise the Power Five Conferences.
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