The INNsider Update©Mar. 15, 2012
Greetings!

Are lenders opting for foreclosures or more workouts are on the minds of many in the distressed hotel sector? There is also a review of restaurant employment social media issues and a recap of hotel real estate at the recent California Receivers Forum Nor Cal Chapters event in this update. I hope you find it useful.
Recap of Hotel Receivers Views
On Lodging Real Estate Foreclosures
There is certainly a good deal more news suggesting hotel receivers and property managers will be dealing with many hotel foreclosures this year. However, some of that activity appears to be focused in those parts of the country that are east of the Mississippi, at least so far. Read On...
Restaurant Employment Expert Concerns
On Social Media Practices

What would a restaurant employment expert say about your practices if your foodservice business is faced with a hiring lawsuit stemming from something that was posted on Facebook, Google+ or Twitter? Restaurants, like hotels, can face problems surrounding their recruitment and training policies for new and existing employees on these social media channels.

Read On...
Need for Hotel Receivership Services
Discussed at CRF Event
At a recent joint Bay Area and Sacramento Chapters California Receivers Forum, the need for hotel receivership services was one of the topics. The program titled "2012 Nor Cal Commercial Real Estate Forecast," which was held at The City Club in San Francisco on February 29th, focused on the office, industrial, hotel and agriculture sectors of real estate.  I was one of the panelists invited to talk on the state of the hotel industry, including potential foreclosures and receiverships. Read on...
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Ojai, CA

May 9-11, 2012

The Special Assets Management Association (SAMA) "3rd Annual Conference" is the must-attend event for senior bankers in special assets. 

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Rancho Mirage, CA

May 18-20, 2012

The California Bankruptcy Forum presents "24th Annual Insolvency Conference" 

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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, 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