At a recent joint Bay Area and Sacramento Chapters California Receivers Forum, the need for hotel receivership services was one of the topics. The program titled “2012 Nor Cal Commercial Real Estate Forecast,” which was held at The City Club in San Francisco on February 29th, focused on the office, industrial, hotel and agriculture sectors…
The cost of hotel receivership services is often a critical issue when a lender, special servicer or their legal counsel is considering a court appointed hotel receiver and interim hotel management for a pending action. As part of the initial request, it is important for the party moving to appoint someone to understand the nature…
This is the season – football season that is – where you do not have to hire a restaurant bar consultant to run profitable promotions. Take a look at some ideas from Nightclub & Bar Magazine and what these successful chain operators are doing: “Savvy operators planned alternatives, such as Buffalo Wild Wings, whose management…
It is the job of restaurant consultants to constantly recommend and steer restaurants and foodservice chains to maximize their sales so as to produce constant income to sustain, expand and reinvent itself where necessary. It is also important to watch the economic landscape of its competitors and recommend a lesson or two from what is…
Whether you are operating a spiffy urban high energy dance operation or a small suburban entertainment and sports bar, a key component to your nightclub business plan success is including a consistent and constantly updated activities calendar. Like the music recording business where the top songs of many music artists only stay popular for a…
When you own or manage a hotel, you have hundreds of things to think about every day, in terms of customer satisfaction, room utilization rates, design issues, maintenance, and many other headaches and concerns both actual and potential. It can be difficult to stay focused on the bottom line. With this in mind, hiring a…
Two recent restaurant expert reports on the state of the industry for last year and the first quarter of this year show improvements in year over year sales. This is especially true in the quick-service and fast casual foodservice sectors. However, restaurant operators remain pessimistic as to whether sales will rise or stay flat. According…
The allure of investing in a sexy new nightclub business plan is ripe with failure if one approaches these high risk investments differently than others, says this Night Club Consultant. Still, the attraction of high drink profit margins, long lines waiting to pay a cash cover charge and being a part of the newest hot…
There is a certain romanticism attached to owning a restaurant for many. For others, a restaurant is simply part of a way to drive visitors to a venue. Whatever the case, any restaurant represents a major investment of time and dollars. This is the case for a hotel, a resort, or even a strip mall.…
Litigation creates headaches. Unfortunately, though, it remains part of the cost of doing business. For hotel owners, you may not know whether the litigation might come from a patron, an employee, a franchisee, or a business partner, but you know it will come. You work to prevent it through policies and contracts, but you can’t…