The INNsider Update©May 1, 2012
Greetings!

More news that timing may be right to sell hotels. There is also an overview on nightclub premises planning and evaluating a restaurant's longevity. I hope you find it useful.
Good Time for Hotel Asset Manager and Lender
To Sell On Latest News
Recent reports suggest a hotel asset manager and lenders should take advantage of rising profit histories and sale transactions to sell distressed and underperforming hotel assets soon. It appears we are at the beginning of the cyclical nature of hotel valuations once again. Coupled with the lack of any significant new hotel development, demand for existing hotels by investors should continue to grow. Read On...
A Nightclub Business Plan Should Address
Nuisance Issues Too
Nightclub SceneIt is important to include dealing with nuisance issues as part of your nightclub business plan that could arise if your club will share its parking lot and sidewalks with other nearby bars and clubs. Like it or not, the first impediment to getting a permit and neighborhood approvals are the nuisance issues that might arise or already exist, such as public drunkenness, noise and fights. Read On...
Foodservice Expert Overview
On How Long Restaurants Last
A number of years ago we performed analysis as the foodservice expert on a dispute involving a failed restaurant. We looked at various studies, including one from the IRS and another from Michigan State University, in addition to evaluating and surveying existing food and beverage establishments within proximity to the subject restaurant. 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

 

Santa Barbara, CA

July 11-13, 2012

TMA (Turnaround Management Association) "4th Annual Western Regional 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