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 •
I recently returned from ALIS and, on the trip home, Dennis Nessler and I shared stories about who we met and what we heard—not only the news of the industry, but the temperature of it. And, we concluded what many of you I’m sure have, too: It’s pretty hot right now.