Special Services from Lane Hospitality

In difficult economic times, many owners and lenders need help for their distressed hotel assets. Lane Hospitality’s team brings decades of hands-on experience gained in good times and bad to each assignment – experience that makes Lane the hospitality company of choice for your distressed assets.

We offer a complete platform of hotel management solutions designed to stabilize, reposition, rebuild and operate assets smoothly and cost-effectively – and with the immediate response you need. With our significant experience in assuming management of financially troubled assets, we respond quickly to stabilize operational performance, maintain the confidence of hotel guests and associates, and protect and enhance the value of your asset.

Moreover, our team of specialists has the knowhow and depth of experience to function as both receiver and operator. If you are facing foreclosure, receivership or bankruptcy, we will provide you with focused management and consulting services to court appointed receivers, financial institutions and loan servicing organizations, and assist lenders in all phases of the credit cycle.

For example, Lane provided strategic and operational consulting services for a lender as it examined options after the borrower’s default. In another instance, we served as court appointed receiver for a 300-room hotel, assisting the owner and lender in arranging the hotel’s sale to a third party in a three way deed-in-lieu of foreclosure transaction. We also worked with a defaulted borrower, mortgage holder and major brand to assess management and operational options for a major urban hotel.