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The global recession has curtailed the once booming leisure industry. With fewer dollars to spend on entertainment, food and vacations, consumers are assessing their spending habits more carefully and are staying closer to home. As a result, the hospitality industry faces increased competition for fewer tourism dollars, pressures to adopt higher environmental standards (“green construction”), higher insurance and energy costs and decreased capital for much needed improvements.
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To remain competitive and viable, hospitality and leisure companies must respond to current economic conditions and develop strategies to deal with the realities of decreased consumer spending and greater competition. More than ever before, you need an advisor who can help you optimize your opportunities and minimize your risks.
Rothstein Kass provides industry experience in the hospitality and leisure industry and has global capabilities through our affiliation with AGN International. We can offer a range of services including but not limited to due diligence, market research, financial analysis, economic impact, franchise, management and lease negotiation, performance improvement, insurance and risk management and litigation and forensic support.
Our experience in the hospitality industry includes hotels and motels, restaurants, franchises, private clubs, vendors and gaming facilities (small boutique casinos, dockside and river boat casinos and "cruise-to-nowhere" gaming vessels).
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| How We Can Help: |
| With over a decade of successful experience in preventing, detecting and investigating fraud, our team provides integrated and customized services to help address and resolve your particular challenges. |
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Analyses of franchise opportunities |
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Immigration documentation and compliance |
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Forecasting techniques |
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Business valuations |
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Cash flow management and projections |
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Transaction advisory services / Mergers and acquisitions |
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Financing alternatives and negotiations |
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Organizational structure |
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Food sales analysis and purchasing controls |
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Developing business continuity plans |
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Tip reporting requirements |
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Structuring buy / sell agreements |
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Evaluating lease agreements |
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Insurance and risk management assessment |
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Regulatory and licensing reporting |
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