Hotel debt investors could take short-term financial hit as virus bites, says ratings firm

Investors in UK hotel debt are likely to suffer a negative impact, in the short-term, due to the coronavirus’ effect on the hospitality sector, according to ratings firm DBRS Morningstar.

DBRS said the mix of holidaymakers revising their travel plans and large business conferences being postponed could - at least in the short term - reduce revenues of European hotel owners and operators.