It is interesting to read Aareal Bank's take on what awaits the world of hotel financing in 2023. I agree it has been a watch and wait in 2022, but it feels like the time is right to emerge with the hotel industry really moving in the right direction at a faster pace than expected. However there is a definitive health warning for users to beware, take proper debt advice and not overstep. Its exciting to see where the next 12 months takes us... We are certainly up for the challenge.