Q&A from the Webinar:
Question: How many hotels can you do dynamic pricing for at the same time? If you had 20 hotels could you still do this?
-
Answer: The dynamic pricing is an industry standard and can be applied to any and all hotels. That said, some companies are better at managing and monitoring rates across the broad spectrum of distribution channels. PAH and its partners are especially focused on this and have access to resources (on an as needed basis) to manage as many hotels as necessary.
Question: What type of minimum financing is expected?
-
Answer: We typically seek 60-65% LTV financing – rates typically are pegged around SFOR plus 400-450 bps.
