PKF Capital Forms Distressed Hotel Solutions Program
Monday December 15th, 2008 - 10:14AM W
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SAN FRANCISCO—In response to the increasing number of financially troubled U.S. hotels, PKF Capital has launched a Distressed Hotel Solutions Program.
Through this program, PKF Capital is prepared to assist hotel owners that became over-leveraged with debt during the recent upcycle and are now faced with declining revenues and repayment due dates on the horizon.
PKF Capital can specifically assist owners with refinancing, debt restructuring, de-leveraging, asset sales, bankruptcy-related services, strategic asset planning, management requests for proposals, note sales, market studies, appraisals and expert opinions.
Tags: • Hospitality •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.