Economics
Trade Truce With China May Be Coming Too Late for These Hotels
- Political tensions are crimping global traveler demand
- Hotel revpar data showed a sharp slowdown in the third quarter
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From protests in Hong Kong to uncertainty around trade, the damage from political turmoil involving China is already baked in for some large U.S. hoteliers. And even with the initial phase of a China deal in sight, the cost may not be easy to make up for.