October 6, 2025

Construction lending should start to pick back up in the hotel space going forward. There is a ton of liquidity and lenders in the market, therefore, most projects with a strong story will be able to grab financing. Watch for more active lenders in the private credit world, along with banks and life companies dipping their toes back in the game. Also, expect new entrants willing to fund higher leverage deals as part of the capital stack. More