The recent report by PKF Hospitality Research on increased demand, coupled with higher average rates, suggest from our viewpoint that hotel workout services may be favored by banks with non-performing hotel loans in the coming months. Added to that is the report from STR on construction starts being now predominately low, which suggests values will continue to inch up and troubled hotels may be more appealing to investors. Both of these factors will give banks and lenders pause about foreclosing at least in the long term.