Access Point Financial, a direct lender and specialty finance company focused exclusively on the hospitality industry, today announced the debut of a new online resource entitled “Navigating Hospitality Finance 2020,” which will appear within the Access ViewPoint blog beginning today. The informative four-part series is intended to help hotel owners and investors with an interest in hospitality to plan their best financial strategies during changing market conditions brought on by the coronavirus (COVID-19) global pandemic and its direct impacts on the hotel industry.
“Hoteliers and investors have a lot to consider in developing effective short- and long-term financial strategies during these unprecedented economic conditions and navigating the constant deluge of sometimes conflicting information can be a daily challenge,” said Dilip Petigara, CEO of Access Point Financial. “To help our clients better assess their respective situations and navigate the recovery, our goal is to be a responsible partner and provide impactful resources and tools to ensure their ongoing success.”
The first edition of the four-part “Navigating Hospitality Finance 2020” series explores the changes to terms and conditions that lenders have implemented during the crisis. Entitled “How the hotel lending landscape has changed in the advent of COVID-19,” the blog can be accessed here. Subsequent editions will follow on a weekly basis and will cover “5 strategies for working with your lender during the crisis;” “The silver lining: How to turn financial chaos into opportunity;” and “Why working with a specialty lender is now more important than ever before.”