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We are:
SELECT Hotel Advisory Services – a boutique consulting firm specialized in hotel real estate based in Düsseldorf, Germany. We focus on the strategic development of existing hotels which includes sourcing the right operator and / or brand as well as investors.
We offer:
Operator and Investor Sourcing, Commercial Aspects of Operator Agreements, Recovery Analysis, Tailormade Concepts, Repositioning, Transaction Due Diligence and Advise, Financial Feasibility Studies, Hotel Market Analysis, Cashflow Assessments, Interim Management
We are looking for:
Owners, Banks, Investors, Operators, Developers, Municipalities, Tourist Regions
Since April, massive catch-up effects in tourism as well as the conference segment are boosting occupancy rates of hotels. If nothing else, thanks to strong price increases, many hotels even outperform pre-covid numbers. However, while the hospitality industry is still weakened by the effects of the Corona pandemic, a new storm is showing up at the horizon: inflation, lack of qualified personnel, skyrocketing operating costs and interest rates, war in Ukraine. Rarely the industry was confronted with multiple crises at the same time. And yet another 70,000 new hotel rooms are due compete for guests until end 2024 in Germany alone. How will hotels manage to succeed in challenging times like these?
This is where SELECT comes in: SELECT focuses on hotels, some of which have been heavily affected by the pandemic and which will further be pressured by new inventory added to the marketplace in the coming years. However, many hotels hold a joker in their pocket compared to newbuilts: the location. But are the business models still competitive, the branding still relevant? And how about the state of hotel operators and lease terms? “We assist owners and banks to strategically develop their assets and portfolios. For that, we deliver profound decision-making tools and neutral perspective. Especially the recent market developments have brought up new topics, such as operating and financing costs”, describes Managing Partner Tina Froböse one focus of the boutique consulting firm.
In the field of transaction advisory services, the team of SELECT brings together the right players both in hotel operating and investment companies alike. The team enables win-win situations in the role as independent facilitator - whilst firmly focusing on the client’s interests at all times. “What sets us apart from big consulting and brokerage firms is our in-depth market intelligence in locations off the usual beaten-tracks as well as access and trustful relationships to private investors. That is why we managed to close a number of transactions again this year despite challenging market conditions”, says Tina Froböse.
Contact:
info@select-hoteladvisory.com
www.select-hoteladvisory.com/
