The World of Hospitality Issue 49 | Page 19

HOSPITALITY SERVICES
Summary - Group made up of 4 full-service hotels across West and North Yorkshire , circa 600 keys with a valuation on appointment of £ 18.4m with the banks ’ exposure over £ 24m .
Outcome - Asset value grew from £ 18.5m over a 2-year period to £ 30m on exit , repaying bank £ 24m exposure in full , all professional fees and a surplus to shareholders .
Asset Management
As a direct extension from a transitional phase post acquisition completion , Assured Hotels have extensive experience acting as investor or owner representative as their asset managers .
As a direct extension from a transitional phase post acquisition completion , Assured Hotels have extensive experience acting as investor or owner representative as their asset managers .
Hotel owners and their external stakeholders need flexibility and results in an uncertain market . Asset Management with Assured Hotels allows both , where we can bring our breadth of experience acting as investor or owner representative . Our solutions cover all aspects of trading a business , and bring meaningful financial growth , team development and product enhancement .
Assured Hotels time and cost reducing into year 2 as onsite management grew in confidence and competence .
In Summary ...
Assured Hotels offer specialist support to hotel owners and stakeholders , especially in Hotel Advisory and Asset Management capacities . We have been engaged in turnaround and restructuring projects , trading insolvent businesses and in the acquisition or disposal of hotels on behalf of investors .
We maintain impartiality and independence free of any fixed portfolio , offering support services across all disciplines . This includes sales and revenue growth , marketing , finance and reporting , procurement , and compliance . Our flexible contracting ensures affordability , with additionally an emphasis on the development of the hotel ’ s senior management team . We believe this creates better returns for investors and stakeholders .
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more on Asset Management - Assured Hotels
Summary – direct owner appointment to oversee 44 bed full service property in the South West . Physically tired product has accelerated margin erosion .
Outcome – a blend of operational improvements , personnel development and a CAPEX budget have grown EBITDA margin towards 20 % of revenues .
For a no obligation review , free of any charges , please get in touch quoting “ digital11 ”
Please click here to book a meeting , email info @ assuredhotels . co . uk or call 0203 916 5658 .
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