Columbus Hospitality Management assists owners, lenders, insurance companies and the courts with distressed hotel repositioning projects and receivership services. Our experienced team is ready to act immediately with the following approach:
We act immediately to ensure that the asset is secure, that there are proper financial and operational controls in place, and that business intellectual property is protected.
We audit various operational components to identify areas that require immediate attention. We quickly install best practices and cost controls, collect outstanding debt and focus heavily on rate management to maximize organic cash flow. We also listen to staff and provide help and support where needed. Finally, we work with the franchised brands and community to keep communication clear, open and honest.
We work with all interested parties to determine a short- and long-term strategy designed to represent the goals and interests of everyone involved. Whether it's best to position the asset for quick sale or as long-term investment property, we ensure that your vision is achieved.
"Columbus Hospitality has assisted in the modernization of our hotel facilities and processes with as little interruption to our business flow as possible. They have a strong management team with the personal attention to know which solutions will work best for us and the expertise to deliver the results."
Darshan Vyas, Vistacon Management Company