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Due to current economic and market conditions, significant demand declines are expected at virtually every hotel and resort in the U.S., Canada and the Caribbean for the next few years. Most lodging assets will be facing a difficult operational period with deterioration in their financial performance.
TPG reinstated its Hospitality Advisory Services (HAS) division specifically to meet the need of lenders, servicers and private equity investors seeking expert advice for their troubled hospitality assets. The HAS menu of services is designed to quickly evaluate each loan or asset, identify problem situations, and recommend immediate action to preserve the asset’s value and prevent further deterioration of operations and the physical plant.
For more information about TPG’s Hospitality Advisory Services, click here.
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