Hospitality & Entertainment

Few industries have experienced as much recent upheaval and uncertainty as hospitality and entertainment. Pandemic-induced reduction in travel and entertainment, hotel labor shortages, safety-related operational changes, and socially-distanced or canceled events have led to financial and operational stresses on companies throughout the sector.

CR3’s hospitality and entertainment offerings meet clients wherever they are, whether with financial restructuring, lease renegotiations, lender management, franchise-agreement restructuring, or operational improvements across the organization.

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Al Jazeera Media Network

Al Jazeera Media Network

The client was a television news channel that employed over 900 people across more than 20 geographic locations. The CR3 team assisted the client in exploring strategic alternatives and ultimately developed and implemented a course of action that enabled the company's managed exit from the market.
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Hospitality & Leisure Company

Hospitality & Leisure Company

The $4B international hospitality and leisure operator served 70MM guests per year. CR3 professionals were engaged as operational improvement consultants to improve financial and operational performance. The team implemented Six Sigma throughout the global business training executives and general managers.
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Revel Atlantic City

Revel Atlantic City

An Atlantic City hotel and casino went through a prepackaged Chapter 11 bankruptcy one year after opening. Although the bankruptcy reorganized its capital structure, it did not cure the property's underlying operational deficiencies and the company continued to perform poorly.
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Texas Rangers Baseball Club

Texas Rangers Baseball Club

The client was the $160MM equity holding company for the Texas Rangers Baseball Partners (TRBP). Owner Tom Hicks filed a pre-packaged bankruptcy to sell the team, but the banks denied it due to the price, so the team's parent company's bank mandated an involuntary bankruptcy.
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Barak  Tulin

Barak Tulin

Partner
Dawn  Ragan

Dawn Ragan

Partner
Dustin  Lough

Dustin Lough

Partner
Suzanne  Roski

Suzanne Roski

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CR3 Partners Named to Consulting Magazine list of Best Small Consulting Firms 2021
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CR3 Partners Named to Consulting Magazine list of Best Small Consulting Firms 2021

CR3 Partners was recently named to Consulting Magazine's list of Best Consulting Firms to Work For. It is an honor to be part of this distinguished list of companies.

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Four Paths to Increase Revenue in a Turnaround
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Four Paths to Increase Revenue in a Turnaround

When restructuring advisors are engaged to stabilize their clients' operations, they often focus on cutting expenses and controlling disbursements.

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CR3 Partners Introduces New Richmond Office
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CR3 Partners Introduces New Richmond Office

CR3 Partners is delighted to introduce you to our new Richmond office and our new litigation consulting service offering. Here is some more insight into what the Richmond team brings to CR3 and a little more about them individually.

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