This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Perspective

Oct. 28, 2009

The Aftermath of a Shaken Industry

Jeremiah Ho of Whittier Law School looks at the phenomenon of hotel mortgage defaults and concept of a market reset.

BUSINESS

By Jeremiah Ho

With "staycation" being the sole option for many consumers this past summer, vacation plans this year pulled away from the traditional notions of luxury, paradise, and respite more often presumed for summer holidays of years gone past. Those of us who did travel this year generally often opened our wallets with a sense of thrift rather than exuberance in order to balance having an actual getaway with the good practice of frugali...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up