Hotel SPV: the corporate-structure mistake that can destroy a hotel’s return
A hotel SPV is not just a corporate vehicle. It affects debt, governance, capex, waterfall, tax, contracts and exit strategy. Here is why it can determine the r…
A hotel SPV is not just a corporate vehicle. It affects debt, governance, capex, waterfall, tax, contracts and exit strategy. Here is why it can determine the r…
In hotel acquisitions, staff cost is often underestimated. But staffing levels, outsourcing, invisible ownership functions, shifts, duties and the operating mod…
The owner representative is the role that represents ownership, monitors the operator, budget, capex, contracts and KPIs, and protects the capital invested in t…
Buying a hotel through an asset deal or a share deal changes tax, risk, financing, warranties and net return. The right structure is decided before the LOI, not…
In hotel transactions, the price stated in the offer is not enough. VAT, registration tax, mortgage registry tax and cadastral tax can change equity requirement…
Analysis of the leading listed Asian hotel investors: H World, Minor, IHCL, CapitaLand Ascott Trust, Shangri-La, India, China and Singapore.
Florence is one of the strongest and most difficult hotel markets in Italy. Demand is structural, but the real risk is overpaying, underestimating capex or conf…
Hotel private debt steps in when traditional bank financing is not enough or does not arrive. It can finance acquisitions, capex, turnarounds and bridge structu…
A hotel is not financed like an ordinary real estate asset. Banks look at DSCR, LTV and covenants to understand whether operating income can truly support the d…
The Chambers Hotel New York case shows why hotel value does not depend only on the brand, but on asset coherence, operations, GOP, capex and the operating mode…
Financing a hotel does not mean financing a simple real estate asset. Banks, debt funds and equity investors read the same hotel through different metrics: LTV,…
Hotel owners are reassessing franchise agreements with major brands. Fees, PIPs, distribution, loyalty, soft brands and independence: when the brand creates val…