Workout - Chesapeake Hospitality

Workout

The hotel industry is in the process of recovering from the worst economic climate since the Great Depression, a process that is likely to take at least several years.

Chesapeake Hospitality has a long track-record of helping distressed hotels recover. For owners who are trying to preserve their equity and return their property to profitability, we offer the seasoned expertise to turn around troubled assets, including:

Acting as receiver for lending institutions
We are open to limited term management contracts to give owners maximum flexibility.
Chesapeake Hospitality is able to take over management within ten days in most situations.

To discover how Chesapeake Hospitality can assist your distressed or REO asset, please call 301-474-3307 or e-mail Joe Smith, Executive Vice President at jsmith@chesapeakehospitality.com