Why no boom in distressed hotel sell-offs?

The head of an Atlanta investment company that’s near closing on several properties says he’s not surprised that the large pool of distressed hotel assets created by the pandemic has been slow to spill over into sale offers. Banyan Investment Group’s Andy Chopra cites “fatigue” on the part of investors and lenders and notes that lenders waited several years after the 2008 financial crisis to sell off troubled holdings.