10/16/2019
Hotel Receivership Service Offered by NZ Hospitality:
NZ Hospitality can act as a court appointed receiver and/or as the manager hired by you to protect your assets and operational services while under the receiver order. Our in-depth knowledge of the legal aspects of the process can anticipate a variety of potential situations that may arise and we can react quickly. If necessary, NZH is also equipped to immediately takeover an asset.
We understand that for a lender, a distressed hotel is one of the most complicated real estate assets. The key to success in acquiring the most favorable outcome is to retain a notable and experienced company.
NZ Hospitality works with clients to develop a customized approach given the hotel's special market conditions, property conditions, and relationship with the brand where applicable, to develop a strategy for the asset early in the process.
When necessary to the court, a detailed analysis of the asset, forecasts for revenue and profit and other significant issues. We pride ourselves on generating a complete profit and loss statement, delivered in most cases within ten days of the close of each period. You can expect prompt reconciliation of cash, cash flows, assets, and liabilities.
Together we will develop a strategy to reposition the hotel for maximum recovery value. Working with qualified brokers, NZ Hospitality Services helps tell the story to potential buyers.
As lender if you are seeking a receiver to help distance you from potential liabilities or a manager looking for a smooth transition to reassign hotel management,
NZH is here to assist. Our goal as a hospitality company is to maximize the potential of your asset while protecting your property.
Call me this week so we can discuss a plan of action for your property for the remainder of this year and 2020.
2707 Forest Grove Dr., Richardson, TX 75080
(469) 835 2719 www.nzhospitality.com
[email protected]
Confidential and Proprietary
