The INNsider Update©Nov. 15, 2011
Greetings!

This update talks about whether hotel foreclosures and receiverships will spike in 2012. We also share why a green restaurant strategy helps a restaurant value and why hotel special servicers may stay busy for now. I hope you find it useful.
Will Foreclosures and Hotel Receiverships 
Spike in 2012?
Hotel Receiverships

Recent news suggests that a rise in foreclosures and the hotel receiverships as a result of these actions could jump next year. Banks and lenders have been able to extend loans in the last 12 to 24 months that will now come due. However, the volume of loans due is expected to rise in 2012. Reports for CMBS loans maturing and not paid off last month are one example.

Read On...
Green Restaurant Strategy Gets Higher
Business Value and Sales Price
Green Restaurant Strategy

Using a green restaurant strategy to increase the value of your business and get a higher price if you are planning to eventually sell it is like adding more rooms to a home to accommodate larger families. The bigger the family means the bigger the home needed and the higher a price someone will expend for it. Greening your restaurant is like adding rooms. This value - like those rooms - is more customer appeal, greater cost savings and added profits to the bottom line.

Read On...
Hotel Special Servicers Still Busy
If Lender and CEO Survey Hold True

After writing about mixed messages that investors received on the lodging industry recently, hotel special servicers may be in store for more troubled loan workouts and defaults as well. Lenders and senior business executives do not seem very optimistic this last quarter based on two recent news reports.

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

 

San Francisco

December 13, 2011

"Bar Association of San Francisco and the Northern California Receivers Forum invite you to attend their Commercial Law and Bankruptcy Annual Holiday Party"

More Info Here

 

Houston 

February 8-10, 2012

"10th Annual Hospitality Law Conference Focusing On Legal, Safety & Security Solutions" 

More Info Here

 

Las Vegas

March 12-14, 2012

"Nightclub & Bar Convention and Trade Show

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, bar 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