Europe's biggest hospitality chain just went under—spanning over 260 properties across a dozen countries. That's a significant chunk of the European hotel market collapsing in real time. When major players this size start failing, it's usually a tell-tale sign of deeper economic stress: squeezed margins, debt loads they couldn't service, consumer spending pulling back. For crypto investors watching macro trends, these corporate breakdowns matter. They signal where traditional finance and real economy are heading. Whether it's rising interest rates strangling corporate debt structures or shifting travel patterns post-pandemic, these are the ripple effects that reshape risk appetite across all asset classes—including digital assets.