Specialized Hotel Financing Nationwide
Hotel and hospitality financing using RevPAR, ADR, and STR report underwriting. Flag-affiliated and independent boutique properties welcome.
$2M–$30M
Loan range
RevPAR
Underwriting
Flag & Boutique
Property types
40 States
Nationwide
Overview
Hotel & Hospitality CRE Financing
Hotel financing is among the most specialized segments of commercial real estate lending. Unlike traditional CRE, hotels are operating businesses — their income fluctuates with occupancy, seasonality, and market conditions. Lenders who don't specialize in hospitality often struggle to accurately assess these assets.
Lumen Mortgage uses hospitality-specific underwriting metrics including Revenue Per Available Room (RevPAR), Average Daily Rate (ADR), occupancy trends, and STR (Smith Travel Research) competitive set data. This allows us to evaluate a hotel's true financial performance relative to its market.
We finance both flag-affiliated hotels (Marriott, Hilton, IHG, Wyndham, etc.) and independent boutique properties. Owner-operators and pure investors are both welcome. Available nationwide across 40 states.
Who This Is For
Key Features
What Makes This Program Work
RevPAR & ADR Underwriting
We analyze Revenue Per Available Room, Average Daily Rate, occupancy trends, and competitive set data — not just simple NOI.
STR Report Analysis
Smith Travel Research data helps us compare your property's performance against its competitive set, ensuring accurate market positioning.
Flag & Independent
Both brand-affiliated (Marriott, Hilton, IHG) and independent boutique properties qualify. Franchise agreements are reviewed as part of underwriting.
Owner-Operator & Investor
Financing available for hands-on owner-operators and passive investors alike. Management company arrangements are reviewed.
Nationwide Lending
Available in 40 states and D.C. Tourism-heavy and business travel markets both qualify.
Fast Term Sheets
Submit your property's STR data, P&L, and franchise information — receive a preliminary term sheet within 24–48 hours.
Underwriting Tool
Commercial Loan Calculator
Model debt service, DSCR, cap rate, and debt yield on any commercial deal instantly.
Commercial Loan Calculator
CRE Debt Service & NOI Analyzer
Loan Details
Loan-to-Value
57.1%
Equity
$1,500,000
Interest-Only
This property's NOI provides strong debt service coverage. Expect favorable pricing, terms, and LTV flexibility.
Cap Rate
7.25%
Debt Yield
12.70%
Monthly Cash Flow
+$8,517
Annual
+$102,204
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $22,355 | $129,342 | $1,977,645 |
| 2 | $23,852 | $127,845 | $1,953,794 |
| 3 | $25,449 | $126,247 | $1,928,345 |
| 4 | $27,153 | $124,543 | $1,901,191 |
| 5 | $28,972 | $122,724 | $1,872,220 |
| 6 | $30,912 | $120,784 | $1,841,307 |
| 7 | $32,982 | $118,714 | $1,808,325 |
| 8 | $35,191 | $116,505 | $1,773,134 |
| 9 | $37,548 | $114,148 | $1,735,585 |
| 10 | $40,063 | $111,633 | $1,695,523 |
| 11 | $42,746 | $108,950 | $1,652,777 |
| 12 | $45,609 | $106,088 | $1,607,168 |
| 13 | $48,663 | $103,033 | $1,558,505 |
| 14 | $51,922 | $99,774 | $1,506,582 |
| 15 | $55,400 | $96,297 | $1,451,183 |
| 16 | $59,110 | $92,587 | $1,392,073 |
| 17 | $63,069 | $88,628 | $1,329,005 |
| 18 | $67,292 | $84,404 | $1,261,712 |
| 19 | $71,799 | $79,897 | $1,189,913 |
| 20 | $76,608 | $75,089 | $1,113,306 |
| 21 | $81,738 | $69,958 | $1,031,568 |
| 22 | $87,212 | $64,484 | $944,355 |
| 23 | $93,053 | $58,643 | $851,302 |
| 24 | $99,285 | $52,411 | $752,017 |
| 25 | $105,934 | $45,762 | $646,083 |
| 26 | $113,029 | $38,668 | $533,054 |
| 27 | $120,599 | $31,098 | $412,456 |
| 28 | $128,675 | $23,021 | $283,781 |
| 29 | $137,293 | $14,403 | $146,488 |
| 30 | $146,488 | $5,209 | Paid off |
| Total | $2,000,000 | $2,550,890 | paid off |
For illustrative purposes only — not a loan commitment or term sheet. Commercial underwriting varies by property type, market, and borrower profile. Contact a Lumen Mortgage commercial specialist for a formal analysis. NMLS #1498678.
Requirements
Hotel & Hospitality Qualification Guidelines
Note: Guidelines vary by property type, market, and deal structure. Contact our commercial team to discuss your specific deal — we issue preliminary term sheets within 24–48 hours at no cost.
Ready to Move Forward?
Term sheets within 24–48 hours
Our commercial mortgage specialists will review your deal and issue a preliminary term sheet outlining rate, LTV, term, amortization, and key conditions — at no cost and no obligation.
Call 503-966-9255NMLS #1498678 · No cost, no obligation
From the Blog
Further Reading
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Your commercial property has probably appreciated more than you think — and a cash-out refinance lets you put that equity to work without selling the asset. Here's how smart investors use low-cost, already-owned equity to fund renovations, rehab value-add properties, and grow their CRE portfolios in 2026.
Common Questions
Hotel & Hospitality FAQs
Answers to common questions about hotel & hospitality financing.
What Our Clients Say
Five-Star Reviews from Real Borrowers
All reviews verified on Google
Ready to Finance Your Hotel & Hospitality Deal?
Our commercial mortgage specialists respond within 1 business day with a preliminary term sheet tailored to your property type, deal structure, and investment goals.
NMLS #1498678 · Nationwide Commercial Lending · No cost, no obligation