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Hospitality Financing

Financing for hotels and other hospitality properties — purchase, refinance, renovation (PIP), or flag conversion — underwritten around the property's operating performance.

Financing for hotels, motels and short-stay accommodation.

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Who it's for

Operators and investors buying or refinancing hospitality property.

How it works

  1. 1These are treated as operating businesses, not just buildings.
  2. 2Lenders examine occupancy, average rate and revenue per room.
  3. 3Your operating experience matters, often as much as the property.
  4. 4Franchise or flag affiliation can improve terms.

What to watch out for

Hospitality income swings hard with the economy and the season. Lenders price for that, and you should plan cash reserves for it.

At a glance

  • Hotels, motels, and extended-stay properties
  • Purchase, refinance, renovation, or flag conversion
  • Underwriting reviews operating performance (RevPAR, occupancy)
  • Franchise and independent properties considered

Hospitality Financing

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