The EpicenterSpark team is well known for turning around distressed hotels and resorts and have even created and currently manage the LinkedIn Group “Hotel Turnaround Specialist- HTS”.
Our years of experience allows us to quickly pinpoint areas of concern in the areas of operations, marketing and structure so that actions can be taken to quickly turnaround underperforming hotels in financial trouble. By systematically diagnosing issues we turn distressed hotels into high performing assets for investors and ownership groups.
We understand that in most all cases the goal is to improve revenue without adding significant expense. Utilizing a multifaceted approach to analyze the hotels current position with direct sales/marketing, cost containment, 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. When revenue has increased and costs are contained, we have relationships with hotel brokerage firms to assist the owner/lender with marketing the distressed hotel.