Details:Each year NATHIC addresses the issues most relevant to the North American hospitality investment industry. Attendees represent senior level hospitality professionals including investors, operators, developers, management companies, lenders, hotel owners, hotel buyers, lawyers, special servicers and industry players.
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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.