The 3-day educational summit is designed to educate attendees on becoming a hotel owner or investor, share minority investment trends, explore supplier opportunities, learn how to market to minorities and discuss diversity issues affecting the industry.
Opportunities for Innovation in Hospitality Lending
In our digital age, hotel financing is behind the curve on developing new technology to solve for glaring problems. The paper-heavy, oft-waylaid, manual loan application process has been overlooked by existing FinTech solutions and is awaiting a breakthrough.
Although today’s hospitality market is robust, lenders and borrowers need to be alert for a possible downturn, especially with a broader economic slowdown potentially on the horizon. By wisely leveraging technology to simplify lending processes, hotels can survive and even thrive amidst any economic scenario.