Taverna Group Portfolio – Budapest, Hungary
Operations and Financial Audit of Hotels in Taverna Group Portfolio
Horwath HTL Solution:
First phase of the complex engagement included an in-depth analysis of operations and market potential of 5 city hotels in Budapest. Second phase comprised our recommendations and projections for increasing revenue and cash-flow generating ability of the reviewed hotels. The assignment was initiated by ERSTE Bank.
Assignment completed in 2011, hotels are in operation