The INNsider Update©Apr. 15, 2011
Greetings!

This update talks about the pros and cons of a restaurant receiver in an LLC dispute, along with tips on nightclub management services and promotions. There are also three resources for hotel lenders, investors and asset managers. I hope you it find it useful.
Is a Restaurant Receiver
Next Logical Step for LLC Members?
Judge Appointing a Receiver

When there are disputes between a managing member and other members of an LLC (Limited Liability Corporation), the appointment of a restaurant receiver is one solution. Unlike hotel receiverships, where often this action is more common and brought on by the senior lender prior to foreclosure and in order to preserve the assets and the income, restaurant entities are normally funded by its investors and there are no outside lenders to periodically audit the assets.

Read On...
Tips to Tie In Nightclub Management
Services and Promotions
Bartender and Female Patrons

This weekly overview is about using simple promotions and adding pay-offs where appropriate as part of your every day nightclub management services. Any venue that is going to be successful in the bar, night club and food and beverage industry requires a steady stream of different happenings. Increased sales include an ongoing calendar of events, whether its bartender contests, specialty drink giveaways or bringing together a favorite charity, celebrity and local patrons to help each other by way of a sweepstakes. Here are a few sources with ideas to consider for your operation: Read On...

3 Tools for the Hotel Asset Mgr, Lender & Investor

Part of our services as a hotel asset manager requires us to consult different resources to effectively manage and oversee a client's lodging property. We also like to share this information with investors and lenders, who are buying, selling or dealing with distressed hotel real estate, so they are better informed and make good decisions when enlisting our services. Two of these include the franchise fee guide and hotel transactions report produced by HVS. The third publication is written by our attorney friends at JMBM to help lenders with their distressed hotel loans.

Read on...
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Mark Your Calendar for these Upcoming Events:

 

 

Los Angeles

May 2-4, 2011

"JMBM | Meet the Money®

21st Annual Conference" 

More Info Here 

 

 

Lake Tahoe

May 20-22, 2011

"23rd Annual Insolvency Conference at Squaw Valley"

More Info Here 

About Us 
Founded in 1985, Perry Group International is a management, consulting and expert services firm for lodging, foodservice, resorts, gaming and clubs. Our firm does work across North America with underperforming and distressed hotels and restaurants as third-party asset managers and consultants for investors and owners and also as receivers and interim managers for lenders, operators and their legal and real estate professionals. We also provide expert testimony on a variety of hospitality industry, foodservice and nightclub related issues.

If you wish to discuss an immediate matter, I can be reached for a confidential review via e-mail at dpg@perrygroup.com or call me at 1 (415) 434-0135.

Sincerely,
 

Dennis Gemberling, President
Perry Group International