Kinseth Hospitality Companies is experienced in assisting banks with the management of foreclosed upon hotel asset and acting as a receiver.
Our Hotel Receivership and Asset Management Services Include
- Turn-around hotel and food & beverage management services
- Cash management and financial reporting
- Selection, contract negotiation and implementation of a hotel brand
- Asset redevelopment, FF&E purchasing/installation and repositioning
- Operational reviews
- Creation and implementation of Business Plans for underperforming hotel assets
- Capital Budgeting and Annual Operational Budgeting
- Market Positioning and Revenue Maximization
- Maximizing the Value of the Asset
- Experience with both full-service and limited service properties