Commentary
Coronavirus (COVID-19) Impact Negative in the Short Term for UK CMBS Backed by Hotel Assets
CMBSSummary
The recent outbreak of the Coronavirus Disease (COVID-19) is beginning to have an economic impact wherever cases increase. In the UK, recent developments in Europe and the increasing number of cases are likely to negatively affect Hotel CMBS.
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Contacts
Dinesh Thapar
Vice President - European Real Estate Ratings
+(44) 20 3356 1533
dinesh.thapar@morningstar.com- Mirco Iacobucci
Senior Vice President, Sector Lead - European Real Estate Ratings
+(44) 20 7855 6653
mirco.iacobucci@morningstar.com - Gordon Kerr
Senior Vice President, Head of European Structured Finance Research
+44 20 7855 6667
gordon.kerr@morningstar.com - Christian Aufsatz
Managing Director - European Structured Finance Ratings
+(44) 20 7855 6664
christian.aufsatz@morningstar.com