Distressed Hotels

We have the expertise to help financial institutions, lenders and owners stabilize operations, reduce risks, and position the property to ensure optimal value of your asset. Our goal is to quickly assess the situation and develop a strategic action plan to eradicate the financial drain on the investors and owners.

We will take a close look at the property’s physical plant, operations and marketing; create an operating budget and formulate a tactical plan; engage a General Manager, if appropriate; maintain accountability to implement all of the necessary action steps; and communicate progress with the financial institution and/or owner on an ongoing basis. We immediately implement disciplined cost controls and can ramp up revenues quickly and cost effectively. Additionally, if it is determined that it is beneficial for our client to sell the property, we will leverage our network of buyers to assist in the sale of the property.

View testimonial from distressed hotel owner.