David Neff Quoted in The Wall Street Journal—Remote Work Threatens Business Hotels’ Recovery, Boosting Default Risks

David Neff was quoted in "Remote Work Threatens Business Hotels' Recovery, Boosting Default Risks" an article in The Wall Street Journal,* regarding persistently low occupancy rates for business-focused hotels driving down their property values and its results.

Still, a bigger surge in hotel bankruptcy filings is unlikely because of factors including high costs associated with the process, said David, a lawyer specializing in hotel bankruptcy at Perkins Coie LLP. "If things go south, many of them will just hand the keys back [to the lenders]," David said.

Read the full article on The Wall Street Journal.*

*Subscription-based publication