Short-term rental startup Sonder is planning to open its largest NYC apartment hotel yet even as coronavirus cripples the travel industry
The Monian Group and Sonderand start reading now.
Coronavirus and social distancing measures have crippled the travel and hospitality business, with the potential for an 18-month disruption. "The whole hospitality industry, in general, should be hit, nothing particular," Moinian vice president for acquisitions and finance, Michael Zarifpoor, told Business Insider. "We are looking to wait this out overall. I don't think it will be an extended kind of thing."
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