SKYLINE

Skyline's Courtyard Exits: How Much Cash Remains After Debt, Franchise Pressure, And CAPEX

Skyline’s sale of the two Courtyard hotels reads much more like cleanup than value unlocking: the combined gross price is $16.5 million, but the company expects to keep only $3.5 million after debt repayment, transaction costs and working-capital adjustments, while franchise and…

Follow-up

Skyline's Cleveland Stack: What Is Left After DSCR, Cash Trap, And Partner Layers

Cleveland is a real recovery engine at the hotel level, but only a limited part of that improvement reaches Skyline's shareholder layer because Hyatt is exposed to cash-trap pressure on excess cash while the better-performing Autograph asset still sits under heavy debt, TIF, and…

Follow-up

Freed After The Standstill: How Much Of Skyline's Claim Is Actually Collectible?

After the Standstill notice, Skyline's Freed package looks less like an approaching cash receipt and more like a Stage 3 credit asset sitting behind a senior lender and leaning mainly on a liquidation path.

Skyline in 2025: Cleveland Is Recovering, but Cash Still Depends on Sales and Collections

Skyline is entering 2026 with a real operating recovery in Cleveland, but without a matching improvement in cash quality: the company still depends on selling the two remaining Courtyard hotels, collecting from Freed, and preserving lender flexibility.