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steadybase-$ person Tom Cornish
nameTom Cornish
roleCOO
company BankUnited Inc. BKU
linkedin none on file
contactnot published
filings
2023-07-25 earnings-call quote receipt
quotes
Although the total CARES Act modified loans in that portfolio declined, from 343 million at March 31st to 225 million at June 30th. We've seen, particularly in Florida, where about 76% of our hotel portfolio is, we've seen a pretty strong rebound in tourism in Florida. Any of us that have tried to book hotel rooms in Florida recently have found it pretty difficult to do it at high rates, and we're seeing a strong rebound in occupancy, particularly travel-related beachfront property occupancy within the overall Florida book. That led to the significant decline that we had there. We expect to continue to see improvement in that.

Jul 22, 2021 / COO / receipt, needs a key / Tom Cornish, COO | earnings call 2021-07-22 | transcript df95fcdb-80db-4c54-957f-3c2050f43cdd | chars 14526-15160 | segment 15

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