What we achieved for clients
Regional hotel chain in the Middle East
Value for client: The family run hotel operator now has a professional and best practice operation.
Main activities: We assessed the operational processes of 40+ hotels throughout two countries. We restructured the company set up and professionalised the process framework to bring it to best practice. Additionally, we assessed and amended the governance structure.
COVID-19 Support for hotel asset
Global asset and wealth manager
Value for client: The fund managers and hotel operator now agreed on realistic and sustainable rent payment in 2020 and 2021. Additionally, the parties agreed on a repayment schedule of deferred payments.
This allowed the fund managers to mitigate the risk of defaulting cash flows and the hotel operator to ensure survival of the operation.
Main activities: Analyzing the operational performance and opportunities in the current market situation, we have identified a realistic and sustainable rent payment level for the next years. Additionally, we aligned interests of owner and operator by amending some contract mechanics.
Investment & divestment strategy
Russian multi asset hotel operator
Value for client: The operator now runs a profitable business again.
Main activities: We developed the investment & divestment strategy for the 30+ property portfolio. The strategy was based on a qualitative and quantitative analysis of all properties. Thereafter we prioritized the actions and recommended a way forward to increase profitability.