The INNsider Update©Feb. 1, 2012
Greetings!

Distressed hotels and green restaurant trends highlight this update. There is also a recap of a hotel lawsuit that made national news due to its room control procedures. I hope you find it useful.
Will Distressed Hotels Rise
Or Are Vulture Funds Out of Luck?
Hotel California Tibet ChinaRecent reports about the amount of distressed hotels on the horizon suggest that cheap hotel real estate deals will be very hard to find. It is also unlikely that lenders will foreclose or hold ORE hotel assets for very long. Both the rise in hotel industry income fundamentals and the ability for banks and special servicers to find creative solutions to restructure debt have all but mitigated any chance of fire sales any time soon. Read On...
Green Restaurant Trends to Watch
and What Americans Know and Feel

An integral part of green restaurants planning is taking advantage of the latest in technology and factoring in certain consumer attitudes. Recent findings on sustainability trends and eco surveys suggest that solar energy and the customer pocketbook will have the most impact on your foodservice and restaurant operation being green this year. Read On...

Hotel Expert Witness Gut Check
on Room and Key Control Procdures
Recent news from a hotel expert witness perspective about a woman being assaulted by a stranger gaining access to her room is a call to check your own procedures. If your hotel must defend itself in a similar lawsuit, how hotel employees are trained and what they did subsequent to and as part of that training will be a key part of whether your operation might be considered to be responsible or not by a jury. Read on...
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Mark Your Calender for these Upcoming Events:

 

Houston 

February 8-10, 2012

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

More Info Here

 

San Francisco 

February 29, 2012

The Bay Area and Sacramento Chapters of the California Receivers Forum present "2012 Nor Cal Commercial Real Estate Forecast Office, Industrial, Hotel and Agriculture"

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 (800) 580-3950 ext. 1.

 

Sincerely,
 

Dennis Gemberling, President
Perry Group International