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How bad will financial distress in the hotel industry get before it gets better? Are we seeing just the tip of the iceberg in terms of hotel foreclosures? What can owners do to help their properties survive? Why aren’t we seeing more sales of distressed hotels? Will lenders take back properties or work out loan terms with borrowers? Listen in as our panel of experts gets to the bottom of these crucial questions. Monday, July 6, 2009: 12:30 PM ET Cost: $59
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MONTICELLO, NY-Empire Resorts, Inc., enters into a binding agreement to acquire two former Catskill resort hotels here in Sullivan County as part of its plan to build a casino resort for the Seneca-Cayuga Tribe of Oklahoma. The deal involves the purchase of the famed Concord and Grossinger’s resort hotels located in the town of Thompson.

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RealShare HOTEL INVESTMENT SUMMIT September 10, 2009