Hospitality

Hot Topics / Insights
April272021
Initial Restaurant Revitalization Fund Guidance and Application Released

Joseph Most, J.D. 4.27.21 | Client Alert On April 17, 2021, the Small Business Association (“SBA”) released a sample application form and program guidance for the Restaurant Revitalization Fund (“RRF”). […]

March252021
Light at the End of the Tunnel for Tri-State Hospitality

Jack Pulvirenti, CPA 3.25.21 | Industry Insights Updated: 5.10.21 The COVID-19 pandemic has had a devastating effect on the hospitality industry. Bars and restaurants spent most of 2020 shut down, […]

December172020
Hope Rests on the Tip of a Needle

Mitchell Marcus, CPA 12.17.20 | Industry Insights Consumer spending drives the economy. Anything that hinders consumer spending will lead to a contraction in the economy, and any incentives that drive […]

November102020
Heartbreak Hotels | Navigating Distress, Recovery, and Opportunity in the Times of COVID-19

11.10.20 | Webinar Few business sectors have suffered more from the COVID-19 pandemic – cash flow issues, loan delinquencies, predatory buyers, and an ongoing drastic drop in business and leisure […]

October022020
Back to Business | Hospitality Industry – Hotels

10.2.20 | Industry Insights Berdon Partner Smit Shah, CPA, weighs both the difficulties and opportunities facing the hospitality sector. A drastic drop in tourism, strict quarantine regulations, and issues with […]

October022020
Back to Business | Hospitality Industry – Restaurants

10.2.20 | Industry Insights Berdon Supervisor Igor Kumits, CPA, looks at the impact of reduced tourism and corporate activity as well as stringent government restrictions on restaurants. He recommends steps […]

May212020
Reopening NYC’s Restaurants – The Challenges, The Opportunities

Igor Kumits, CPA 5.21.20 | COVID-19 Industry Insights The New York City restaurant sector has suffered enough body blows from the COVID-19 crisis to take down the toughest heavyweight contender. […]

May052020
Hoteliers and Restaurateurs: How Forgivable are Your PPP loans?

Jack Pulvirenti, CPA 5.5.20 | Berdon Industry Insights – COVID-19  Update As you know by now, a Paycheck Protection Program (“PPP”) loan can be forgiven in whole or in part […]

April062020
SBA issued an Interim Final Rule (“IFR”) relating to the Paycheck Protection Program (“PPP”)

Joseph Most, J.D. 4.6.20 | Client Alert – COVID-19 Update This past Thursday, the Small Business Association (“SBA”) issued an Interim Final Rule (“IFR”) relating to the Paycheck Protection Program […]