Does the hotel resort management company have social media expertise?

The importance of a hotel resort management company providing social media expertise is just as important as it was when yield management began, now referred to as revenue management, and originated over fifteen years ago. Back then, owners would seek out property managers who understood and could employ effective information systems and controls to maximize…

Are Receivership Sales as Alternatives to Foreclosure Another Option?

Alternatives to foreclosure, such as a sale during a receivership, are one option that banks, creditors and lenders may pursue in order to avoid the associated costs, disposition delays and potential devaluation of an asset. In particular, non-performing lodging loans and hotels in default may be a prime choice by financial institutions for these reasons.…