SFA Research Corner: The Road Back: What a Difference a Jab Makes
Provided by Structured Finance Association
With more than 50% of Americans vaccinated, consumers are increasingly comfortable in resuming travel and leisure activities. This sector, which had struggled even as other sectors began to recover, has started to show meaningful signs of improvement. Increased activity in this sector will directly impact performance of CMBS, particularly those pools with sizeable exposure to hotels, and ABS backed by aircraft leases, timeshare loans, rental car fleet leases, and credit card loans.