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Hotel financing can be used to build, buy, renovate, or refinance a hotel or motel. You can typically see rates for hotel financing between 5-9%, with repayment terms up to 25 years.
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Acquiring hotel loans can be as cyclical as the recurrent nature of a hotel itself. Real estate markets, the economy and tourism can affect the hotel industry and lenders are sensitive to many external but related factors when they issue credit for hotels.
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