Distressed Hotel Services
Strand Hospitality has a proven track record of working with under performing hotels in financial trouble. Our goal is to quickly diagnose issues with operations, marketing, and structure. With our proven hotel management philosophy, we can turn distressed hotels into low-risk assets for its lenders and investment/ownership groups.
We understand that in almost all cases, the goal is to improve revenue without adding significant expense. Through a multi-level approach to analyze the hotels current position with direct sales, relationship in the community, third party internet channels, reservation systems and brand contribution, we are able to create strategies to make an immediate positive impact on hotel revenue with minimal expense.
Once revenue has increased, we have relationships with hotel brokerage firms to assist the owner/lender with marketing the distressed hotel.