Hotel Operational
Review
Performed an operational and fraud audit of a 1400
room hotel on behalf of the owner. Results of this review were originally
the basis of a RICO action against the management company and ultimately
resulted in a complete favorable renegotiation of the management
agreement.
Hotel Operational Review
Performed an operational audit an a large convention
hotel on behalf of the owner to ascertain the propriety of the management
company's compliance with the hotel management agreement.
Hotel Fraud Investigation
Uncovered millions of dollars in unrecorded liabilities
of target firm in contemplation of takeover by client. Performed extensive
fraud discovery proceedings to uncover management schemes of
deception.
Hotel Merger and Acquisition Due
Diligence
Performed eight acquisition
audits of target hotels in Atlantic City, New York and Los Angeles to
uncover misrepresentation of assets and unrecorded liabilities by current
management seeking to distort purchase price.