TSX:HOT.DB.V - Post by User
Comment by
tylerreddickon Oct 24, 2023 10:27am
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Post# 35698103
RE:Business Travel Steadily Returning to Pre-Pandemic Levels
RE:Business Travel Steadily Returning to Pre-Pandemic LevelsBut, just saw yesterday that room rates are down YOY.
And HOT has all of that debt needing to be truned over at much higher rates, which will eat a whole lot of cash flow. That is why the share price id down, and why it will likely stay that way.
Hopefully they won't cut the distribution, again.