Restructuring

Detecting weaknesses and creating solutions
Hotels are capital-intensive properties that are usually highly dependent on external financing. Due to high operational fixed costs, especially personnel expenses, the industry is prone to crisis

  • triggered through an incorrect evaluation of market conditions, increased competitive pressure or insufficient marketing,
     
  • hidden through non-existing or inefficient controlling mechanisms
     
  • evoked and accelerated by incorrect or delayed investments not conform with market requirements.

Objective:

The first priority in restructuring the business is to rebuild liquidity and to avoid insolvency.


Services:

  • After detecting internal and external inefficiencies, a turnaround concept is being developed acting as the basis for the sustainable profitability of the business
     
  • Through our Interim Management HOTOUR guides underperforming hotel businesses from the analysis of the financial situation to the implementation phase - recommending immediate actions and medium to long-term measures to protect the business
     
  • We develop Restructuring analysis, concepts for debt rescheduling as well as Bank financing and lead bank negotiations
     
  • We implement restructuring plans, assist during the Investor search and manage the business through one of our interim managers until the restructuring or the sale of the hotel is completed

 


Reference list

  • Aberdeen Asset Management Deutschland AG
  • Berlin Hyp AG
  • DG HYP Deutsche Genossenschafts-Hypothekenbank AG
  • OstseeSparkasse Rostock
  • Sparkasse Rosenheim-Bad Aibling


Renovation and sale

Resort upper-scale category
Developmental implementation of operational renovation concepts and the succession planning or sale in the medium term.

Renovation and sale