Hotels are commercial real estate properties which cater to business and recreational travelers. They have varying degrees of amenities reflective of their intended market and cover a wide range of sizes, destinations and configurations. There are a wide range of properties within this category, e.g. Convention Hotels, Resort Hotels, Extended-Stay Hotels, etc designed to satisfy the demands of specific niches within the hospitality industry. This property type is intricately tied to its lodging profitability component which determines its viability as a commercial real estate asset class. There are lenders interested in this commercial real estate property type and provide funding for purchasing, refinancing and new construction with attractive rates and terms.