CGTN: Global Business Daily: Gaming wars, Tencent profits soar, Pfizer boss cashes in

By Patrick Atack

November 13, 2020

 

A drop in tourist footfall to New York City due to its place as a COVID-19 epicenter is now having knock-on affects on bond markets linked to borrowing and support lent to the sector. Commercial mortgage bonds are now showing strain, with the Hotel Association of New York City saying if just half of the 640 hotels in the city survive the crisis, it would be a “great” outcome.