May
20

Hospitality Management Radisson Hotel & Water Park - Receivership

Scope of Work:

Receivership Case – District Court of Bernalillo County, NM:  Radisson Hotel & Water Park - Albuquerque receivership and foreclosure.

Description of Project:

Joel Hiser a Hospitality Broker of HTL Hospitality Advisors was appointed by the court as receiver (Case No. CV 2011-02233) for the 280 room, full service hotel with 30,000 square feet of meeting space, restaurant, lounge and 100,000 square foot indoor waterpark.  HTL Hotel Advisors, an affiliate of HTL Hospitality Advisors, was retained by the receivership estate to manage the property through the foreclosure date.  The case required the receiver to qualify for a liquor license with the state of NM and to negotiate an interim, Radisson franchise extension agreement and later a new Park Inn franchise agreement.  The management company substantially increased revenue, reduced operating losses and successfully negotiated a fire sprinkler system dispute with the City.

Project Status:

For additional information please contact Joel Hiser at 415-925-8800  or via email at .

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May
05

Hospitality Consulting - Bankruptcy Court Central District of California

Scope of Work:

Bankruptcy Case - Chief Restructuring Officer for the Days Inn and Dixie Restaurant, Morgan City, LA

Description of Project:

HTL Hospitality Advisors was a Hospitality Consultant that was appointed by the U.S. Bankruptcy Court – Central District of California as the Chief Restructuring Officer for the 157 room, full service, Days Inn: Case No. 8:13-BK 11700-CB. The case involved a land lease with the Debtor and a BP Deepwater Horizon claim. Joel Hiser was the lead advisor on the assignment along with support team members: Lyle Boll – legal, Tony Kopp – financial and Tony Dimond – contract negotiation. HTL Hospitality Advisors was retained to manage the hotel during the term of the case. The assignment included selling the hotel to PSA Hospitality, LLC. based in Houston, TX. The case was dismissed January 5, 2015.

Project Status:

Property was acquired by an investment group. For additional information please contact Joel Hiser at 415-925-8800 or via email at .

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May
04

Hotel Consulting Joel Hiser-U.S. Bankruptcy Court

Scope of Work:

Success close of escrow - Candlewood Suites– Netherland, Texas

Description of Project:

HTL Hospitality Advisors served as a Hotel Consulting firm and was appointed by the U.S. Bankruptcy Court – Central District of California as the Chief Restructuring Officer for the 62 room, Candlewood Suites: Case No. 8:13-bk 11701-CB. The case involved a land lease with the Debtor. Joel Hiser was the lead advisor on the assignment along with support team members: Lyle Boll – legal, Tony Kopp – financial and Tony Dimond – contract negotiation. HTL Hospitality Advisors was retained to manage the hotel during the term of the case. The assignment included selling the hotel to Priti, Inc. based in Houston, TX. The case was dismissed January 5, 2015.

Project Status:

Property was acquired by an investment group. For additional information please contact Joel Hiser at 415-925-8800 or via email at .

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Of this we are certain, no one is better qualified and positioned to assist clients in succeeding with their hotel, tourism and leisure projects, assets and investments than the hotel experts at HTL Hospitality Advisors.

Call us today at (415) 925-8800