'Tsunami' of hotel closures is coming, experts warn

The Luxe Rodeo Drive is the first L.A.-area luxury hotel to go out of business because of the pandemic. An unusually high loan delinquency rate may mean more hotel closures are likely to follow.
Read more: https://www.latimes.com/business/story/2020-09-19/hotels-out-of-business-covid-pandemic?source=Snapzu