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Chapter 17 - THE HOTEL ELIZA INHERITED WAS DROWNINGThe audit revealed $86 million in hidden debt.

Renovations had been financed twice.

Vendor invoices were inflated.

Employee retirement contributions were delayed.

Guest deposits funded operating losses.

Genevieve presented record revenue while borrowing to cover basic expenses.

The hotel looked magnificent.

Its finances were collapsing beneath the marble.

Selling could protect the remaining value.

Closing would cost nine hundred jobs.

Keeping it without reform could create larger losses.

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Inheritance offered no magical answer.

Only responsibility with a famous crest.

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