The INNsider Update©Dec. 1, 2011
Greetings!

Are rising hotel values in 2012 a silver lining to foreclosures next year? This update talks about that issue as well as restaurant Groupon discounts and the SAMA event coming to Northern California. I hope you find it useful.
Distressed Hotels Sale Values May Improve 
Despite Foreclosures Rising
Distressed hotels will be in a good position to see valuations continue rising based on demand and expense projections. This is despite the potential for more foreclosures in 2012 with loans coming due from loans refinanced in 2005 and 2006. The added supply of defaulted hotel loans does not suggest that there will be "fire sale" pricing either. Read On...
Restaurant Management Expert Talk
On Groupon Discount Concerns
Groupon can be a best friend or an unwanted guest from a restaurant management expert standpoint when it is not used correctly. Somewhat like the Entertainment Books of old that the customer could use at whatever restaurant provided the coupons, Groupon is not always going to get you return guests. Read On...
Learn About Foreclosure Alternatives
At SAMA Event 12/08/11 in SF

Are you a bank or lender looking for ideas and information on foreclosure alternatives for your workout and special assets department? Mark your calendar for this Special Assets Management Association (SAMA) event on December 8, 2011 in San Francisco to learn more... Attorney Richard Rogan, a Partner with Jeffer, Mangels, Butler & Mitchell LLP, and someone I have worked with as a hotel receiver, is on the planning committee of this exciting event. Here is what Dick Rogan has to say about SAMA and the upcoming program:

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

 

San Francisco

December 8, 2011

"Special Assets Management Association Presents Current State of the Workout"

More Info Here 

 

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