Oct 23, 2017
Vision VP of Finance & Investments Featured in Hotel Business
SALT LAKE CITY—We’re all familiar with the song “Breakin’ Up is Hard To Do,” but sometimes, though difficult, it is necessary. Yes, there are times when it’s best to call it quits to avoid additional loss (whether it be emotional or financial). Knowing when and how to break up can help streamline the rather lengthy (and sometimes agonizing) process. As for how this all applies to real estate, the tale’s often similar.
Held at Hotel RL by Red Lion Salt Lake City, a 394-room property situated in downtown Salt Lake City—right down the road from the city’s Trolley Square—the Hotel Business Executive Roundtable welcomed industry leaders from across the country to discuss the following topics: red flags to consider before continuing to move forward with a property or brand, headwinds impacting both legacy and new brands, and situations where saving a property would be in the parties’ best interest. Real estate risk management firm Arthur J. Gallagher & Co. R.E sponsored the roundtable, which consisted of 10 panelists in total.
-- Hotel Business