The World of Hospitality Issue 49 | Page 18

HOSPITALITY SERVICES

Independent and impartial support for hotel stakeholders and investors

- ASSURED HOTELS -
Pent up challenges …
The UK hospitality industry has weathered the pandemic years well , and despite the media doom a steady diet of central support and peaks in demand have left the majority in good order . That said the economic climate upon us now will present very different challenges , where clearly businesses will have to fend for themselves much more than we have become used to .
Rising costs and overheads , together with labour shortages causing salary increases on top of lockdown legacies , are all putting unprecedented pressure on margins and cash flow . Assured Hotels have continued to offer insight and how to guides in a series of blogs on our website . We have championed solutions and support , whether that be Government , from our own skill set and resources or our partner networks .
Help is at hand .
Founded in 2008 , Assured Hotels is a UK based hotel management company that offers specialist support to hotel owners and stakeholders , in both Hotel Advisory and Asset Management capacities . We have been engaged in hotel turnaround and restructuring , and in the acquisition or disposal of hotels on behalf of our clients .
What We Do Hotel Acquisitions & Disposals
Property transactions are complicated and buying or selling a hotel is no different . If they become drawn out during due diligence then costs can quickly spiral damaging both sides ’ confidence in a deal , and in the worst-case prohibit completion .
Read more on how we support investor acquisitions & disposals …
Read a Case Study : Project Shakespeare - Single Asset Acquisition Private Investor
Summary - appointed by an investor who had identified a hotel asset to acquire , to assist in offering pre-acquisition due diligence ahead of exchange , as the purchaser had no previous hotel sector experience .
Outcome – despite significant property dilapidations and operational deficiencies , completion was achieved on time to the satisfaction of both vendor and purchaser .
Read a Case Study , disposals : Hotel Group disposal , Cedar Court Group Yorkshire
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