The INNsider Update©Apr. 2, 2012
Greetings!

Recent lodging industry statistics and restaurant tip pool issues are two of the topics in this update. There is also a list of ten facts a lender or investor should know when considering the appointment of a hotel receiver. I hope you find it useful.
Hotel Expert Update
On Lodging Industry Turnaround
Recent statistics this month that we reviewed as part of our hotel expert analysis for clients suggest the turnaround in the lodging industry continues although cautiously by many accounts. Two recent reports by hotel analyst firm PKF and major hotel chain Starwood highlight certain aspects of the recovery. Read On...
Is It Time to Call in a Restaurant Labor Expert
On Tip Pool Policies?

Restaurant Waiter ServingIt might be a good time to have a restaurant labor expert review your tip pool policies in light of several recent wage and hour disputes. There are a number of class action lawsuits involving chains and individual restaurants in several states that call into question management policies on how tips are shared and who participates in the tip pools.

Read On...
10 Facts on Using a Court Appointed Receiver
For Hotels
If you are a bank, lender or investor who usually does not work with a court appointed receiver or use a receivership as a solution for a pending hotel foreclosure or to resolve a dispute, it is important to know these facts. Read on...
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Mark Your Calender for these Upcoming Events:

 

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. 

More Info Here

 

Rancho Mirage, CA

May 18-20, 2012

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

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