rate

"I was very concerned about the implications on myself and credit rating," she said.

Asian markets mostly rose Monday as fresh hopes for a US interest rate cut provided some calm after last week's rollercoaster ride fuelled by worries of a tech bubble.

Treasury yields fell after New York Fed President John Williams signaled he was open to another rate cut in the near term, Commerzbank Research analysts write in a note.

But some had to pay unexpectedly high interest rates.

They moved twice to other New York City hotels in the same neighborhood, trading their suite with a kitchen for single hotel rooms at higher rates.