Tag: Hotels

  • Luxury hotels benefited from PPP loans

    Luxury hotels benefited from PPP loans

    The Ritz-Carlton on Peachtree Street in Atlanta’s downtown boasts well-appointed suites with skyline views, chic amenities and a cocktail bar that slings $17 juleps. Before the coronavirus pandemic forced the hotel to close its doors, a standard room could go for between $440 and $650 a night. To offset the financial impact of the virus, the hotel…

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