We have been working for private, national and international hotel operators and investors in these special properties for more than 25 years.
The wholesale structural change is affecting not only family-run private hotels and SMEs, but also international hotel chains.
The focus on performance, requirements in terms of yield and ability to service capital as well as sustainability, are forcing a re-think concerning legal and economic factors, contract structures and collateral.
The complexity of the requirements necessitates clear structuring of the options and goals. Individuality, obtaining the optimum for the parties involved and consideration for market circumstances must create a whole.
Weighing up of interests, the defining of common objectives, results in a recommendation for a form of contract or a specific combination of conventional contract forms:
The classic lease frequently represents a supposedly secure form; today however, individually agreed management, franchise and other hybrid contract structures far more frequently guarantee protection for all parties involved.
The aim is a balance between the wishes of the providers of capital and the capacity of the operators.
There are potential risks in all areas. With the help of a proven network, we limit the imponderables, coordinate measures and formulate solutions.
The service portfolio equates to a one-stop shop - taking account of all cycles of a hotel.
From the initial phase of realisation / financing, to problems during the contractual term, through to revitalisation or corporate rescue, the challenge is to identify imponderables in good time, make use of opportunities, develop potential, define and pursue clear goals.
Considerations related to purchase, lease or leasing all form part of a clear overall concept that we prepare and implement.
Support during all phases of project development, mediation between the parties involved and discussions with banks, finance partners, authorities and bodies are a matter of course.
Michael Stümpges: Certified Public Auditor and Tax Consultant
Stephan Brune: Certified Public Auditor and Tax Consultant