Los Angeles based development and hospitality operating company Palisociety has introduced a recovery fund for boutique and independent hotels.
Author: Marie
Palisociety Launches Recovery Fund
In direct response to the COVID-19 pandemic’s effect on the hospitality industry worldwide, Palisociety has launched the Boutique and Independent Hotel Recovery Fund, designed to provide sub-100-key independent hotels with relief and recovery capital and direct access to the brand’s operational infrastructure and shared services platform to stabilize hotel operations, mitigate further operational losses during the crisis period and successfully relaunch during the recovery period.
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