Hotel receivers are short-term, third-party services appointed or hired to manage a hotel in order to protect its value as its ownership moves to a bank, loan entity or new investor. During the 2020 pandemic, many hotels were forced into receivership options, leaving banks, lenders and investors—some with hospitality experience, many without —in charge of immediately taking action to protect the value of a hotel.
Prospera Hospitality is uniquely positioned for hotel receivership. We can quickly and effectively make the operational changes required to protect the value of a hotel and put it on a path to profitability. Our hotel receivership services include:
Prospera Hospitality’s management team has a combined 100 years of experience managing hotels. Unlike other property receivership companies, we specialize only in hotel and restaurant management. We understand the hospitality industry and the unique challenges it has faced for decades—not just since the pandemic. We’re big enough to have extensive experience and resources, but small enough to be nimble to move quickly and efficiently upon taking receivership of a hotel.
Get in touch with our experienced hotel receivership firm today.
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