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Why does Covid-19 get the blame when Eagle Hospitality Trust's woes predate it?

The Queen Mary, a hotel aboard a docked ocean liner in California, is one of 18 assets in Eagle Hospitality Trust’s portfolio.

URBAN COMMONS (UC), the sponsor of Eagle Hospitality Trust (EHT) and master lessee for all of the Reit's hotels, has reneged on its latest monthly fixed rent payment to EHT, barely 10 months after selling its assets into the Reit last May.

UC is blaming the Covid-19 pandemic for reducing...

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