The INNsider Update©Oct. 1, 2011
Greetings!

This update talks about the difficulty of buying and selling hotels under twenty million dollars. There is also commentary on night club indentity issues and restaurant tip audits. I hope you find it useful.
Hotel Capital Advisors Says Hotel Deals
Under $20 Million Difficult
Hotel Capital Advisors

This recent compilation from different hotel capital advisors suggests that getting a small hotel deal done is extremely difficult as proven by the lack of those transactions to date. In fact, anything under $20,000,000 is considered dead from the get go. Not exactly encouraging news if you are trying to sell or buy a smaller hotel. Here are some excerpts:

Read On...
Nightclub Security Expert Alert to Watch
For These Newest Fake IDs
Bartender and Female Patrons

Part of keeping your bar and nightclub in compliance with laws say many a nightclub security expert is to have a thorough system to avoid minors and other folks from getting in with a fake identification card. However, according to this recent article about clubs in the San Francisco Bay Area, the stakes have been raised with these fraudulent licenses shipped in from China.

Read On...
Restaurant Wage and Hour Expert
Tips to Avoid Tip Lawsuits

Employee tip pooling and other distribution policies from a restaurant wage and hour expert perspective can be a source of contention amongst hospitality and foodservice industry workers. Worse, it has given rise to a number of disputes and lawsuits.

Read on...
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December 13, 2011

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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