889 hotel companies have almost PLN 1 bln of outstanding liabilities - study

Every tenth enterprise offering hotel services is struggling with overdue credit and non-credit debt, according to the “The image of the hotel market in Poland. The number of hotels and financial problems increases” report by BIG InfoMonitor. Almost 900 hotel companies (889) have a total of nearly PLN 1 billion in arrears to banks and their suppliers.

Almost every tenth enterprise (9.8%) has a problem…