Hospitality & Entertainment Consulting Firm

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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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

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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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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

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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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Dawn  Ragan

Dawn Ragan

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Suzanne  Roski

Suzanne Roski

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Barak  Tulin

Barak Tulin

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Dustin  Lough

Dustin Lough

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