CoStar: Hoteliers say new US interest rate hike opens and closes doors
Peachtree Group CEO Greg Friedman says the Fed's 0.25-point rate hike raises borrowing costs but could lower long-term rates and add certainty for hotel financing.

Managing Principal and CEO of Peachtree Group, Greg Friedman, joins Cheddar's Dave Briggs to discuss the possibility of a recession in 2025.