Valuation & Acquisition Due Diligence

The most complex and specialised areas in the property sector are the valuation and acquisition due diligence of hospitality assets, which require a high level of expertise, an understanding of the hospitality industry, as well as the future market movements.

We are highly qualified to help with single or portfolio investment decisions.
Being the longest established HTL advisory in CEE, Russia and CIS countries, our experienced international and local team has their fingers on the pulse of the market and is able to interpret the implications of hotel investments in these diversely different markets.

Our Approach

  • We perform acquisition due diligence analysis, to assist in the assessment of the risks and opportunities of potential investment by delivering an expert due diligence review.
  • We can work very effectively with legal and tax professionals during the complex process of an acquisition.
  • Our team is particularly skilled at guiding investors, lenders and owners through the complex nature of asset acquisition.
  • We have significant experience in single asset or portfolio valuations from vacation ownership through limited service hotels to luxury five-star resorts.
  • The practice of this analysis comprises a review of supply and demand dynamics in the market, and its impact on the property’s future financial performance.
  • We conduct valuations in accordance with internationally recognised valuation standards.

Services

Transactional Support

Horwath HTL are proud to work with a separate company, HTL Capital Advisors to be able to offer the full range of transactional support services. HTL Capital Advisors is a global enterprise specifically created by principals of Horwath HTL in various cities around the world to provide transaction and capital raising services to hotel industry participants. HTL Capital Advisors works in parallel with Horwath HTL offices to provide a comprehensive suite of services covering client needs locally, regionally and globally, under a brand without borders principle. All HTL Capital Advisor principals have extensive experience in transaction and capital raising activities within their own and other countries and can assist clients in the pursuit of cross border opportunities with reliable professional action and advice.

Horwath HTL have an extraordinary depth of knowledge and expertise in the hospitality sector, and with HTL Capital Advisors as partners, they can offer full transactional services from new financing to sale. All significant transactions need due diligence, an understanding of the market and for future implications to be considered, all of which HTL Capital Advisors can provide. From securing the term sheets to writing the cheque, HTL Capital Advisors stay with their clients and pride themselves on honesty and professionalism throughout the process.

HTL Capital Advisors think globally and are able to leverage their international network to support clients anywhere across the world. A successful hotel transaction is based on the correct valuation of the hotel property and a market-compliant formulation of the contracts.

Horwath HTL Hungary Projects

Paris, France
Zürich, Switzerland
Cluj-Napoca, Cluj County, Romania
Tărlungeni, Brașov County, Romania
Tatranská Javorina, Slovakia
Košice, Slovakia
Liptovský Mikuláš-Iľanovo, Slovakia
Bratislava, Slovakia
Pilsen, Czech Republic
Prague, Czech Republic
Varna, Bulgaria
Obzor, Bulgaria
Bük, Hungary
Sofia, Bulgaria
Gödöllő, Hungary
Ulcinj, Ulcinj Municipality, Montenegro
Budapest, Hungary
Bečići, Montenegro
Bucharest, Romania
Budva, Budva Municipality, Montenegro
Baku, Azerbaijan
Igalo, Montenegro
Samara, Russia
Zagreb, Croatia
Pilsen, Czechia
Rovinj, Croatia
Schröcken, Austria
Trogir, Croatia
Murau, Austria
Dubrovnik, Croatia
Minusio, Switzerland
Zadar, Croatia
Zadar, Croatia
Murau, Austria
Ulcinj, Montenegro
Ritzing, Austria
Budva, Montenegro
Kitzbuhel, Austria
Cluj-Napoca, Romania
Innsbruck, Austria
Tatranská Javorina, Slovakia
Tbilisi, Georgia
Miskolc, Hungary
Batumi, Adjara, Georgia
Szeged, Hungary
Ureki, Guria, Georgia
Kecskemét, Hungary
Kutaisi, Imereti, Georgia
Odessa Oblast, Ukraine
Borovoe, Akmola Province, Kazakhstan
Kiev, Ukraine
Almaty, Almaty Province, Kazakhstan
St Petersburg, Saint Petersburg, Russia
Astana, Kazakhstan
Ekaterinburg, Russia
Kyzylorda Province, Kazakhstan
Voronezh, Russia
Shymkent, South Kazakhstan Region, Kazakhstan
Nizhny Novgorod Oblast, Russia
Baku, Azerbaijan
Ismailia, Egypt
İsmayıllı, Azerbaijan
Berehove, Zakarpats'ka oblast, Ukraine
Agios Nikolaos, Agios Nikolaos Crete, Greece
Mukacheve, Zakarpats'ka oblast, Ukraine
Jericho
Odessa, Odessa Oblast, Ukraine
Zaporozhye, Zaporiz'ka oblast, Ukraine
Dushanbe, Tajikistan
Schastlivoye Detstvo, prospekt Ostryakova, Vladivostok, Primorsky Krai, Russia
Dubai - United Arab Emirates
Kiev, Kyiv city, Ukraine
Lviv, Lviv Oblast, Ukraine
Yalta, Crimea
Alushta, Crimea
Areni, Vayots Dzor Province, Armenia
Dzoraget, Lori Province, Armenia
Yerevan, Armenia
Mahé, Seychelles
Tsaghkadzor, Kotayk Province, Armenia
Minsk, Belarus
Dhahran, Eastern Province, Saudi Arabia
Moscow, Russia
St Petersburg, Saint Petersburg, Russia
Zelenograd, Moscow, Russia
Vnukovo, Moscow, Russia
Tushino, Moscow, Russia
Sochi, Krasnodar Krai, Russia
Gorky Gorod Mall, Sochi, Krasnodar Krai, Russia
Rosa Khutor, Sochi, Krasnodar Krai, Russia
Nizhny Novgorod, Nizhny Novgorod Oblast, Russia
Samara, Samara Oblast, Russia
Alabuga, Chelyabinsk Oblast, Russia
Anapa, Krasnodar Krai, Russia
Kaliningrad, Kaliningrad Oblast, Russia
Togliatti, Samara Oblast, Russia
Saransk, Mordovia, Russia
Kazan, Tatarstan, Russia
Voronezh, Voronezh Oblast, Russia
Chelyabinsk Oblast, Russia
Irkutsk, Irkutsk Oblast, Russia
Naberezhnye Chelny, Tatarstan, Russia
Almetyevsk, Tatarstan, Russia
Tuapse, Krasnodar Krai, Russia
Zavidovo, Tver Oblast, Russia
Rostov-on-Don, Rostov Oblast, Russia
Ulyanovsk, Ulyanovsk Oblast, Russia
Yaroslavl Oblast, Russia
Vladimir, Vladimir Oblast, Russia
Volgograd, Volgograd Oblast, Russia
Omsk, Omsk Oblast, Russia
Novosibirsk, Novosibirsk Oblast, Russia
Novorossiysk, Krasnodar Krai, Russia
Perm, Perm Krai, Russia
Krasnodar Krai, Russia
Astrakhan, Astrakhan Oblast, Russia
Ryazan, Ryazan Oblast, Russia
Tyumen Oblast, Russia
Ufa, Republic of Bashkortostan, Russia
Izhevsk, Udmurt Republic, Russia
Lipetsk, Lipetsk Oblast, Russia
Herceghalom, Hungary
Sopron, Hungary
Győr, Hungary
Bikal, Hungary
Harkány, Hungary
Balatonalmádi, Hungary
Salgótarján, Hungary
Hévíz, Hungary
Miskolc, Hungary
Tura, Hungary
Miskolc, Miskolctapolca, Hungary
Balatongyörök, Hungary
Gelse, Hungary
Balatonlelle, Hungary
Balatonfűzfő, Hungary
Visegrád, Hungary
Lepence, Radovljica, Slovenia
Tarcal, Hungary
Esztergom, Hungary
Debrecen, Hungary
Zalakaros, Hungary
Bicske, Hungary
Sárvár, Hungary
Pécs, Hungary
Gödöllő, Hungary
Zamárdi, Hungary
Alsópáhok, Hungary
Hajdúszoboszló, Hungary
Gyula, Hungary
Bük, Hungary
Matrahaza Gyogyudulo, Gyöngyös, Hungary
Egerszalók, Hungary
Tapolca, Hungary
Eger, Hungary
Siklós, Hungary
Szeged, Hungary
Villány, Hungary
Poro, Albania
Portorož, Piran, Slovenia
Becej, Serbia, Bečej, Vojvodina
Belgrade
Warsaw, Poland
Dresden, Germany
Munich, Germany
London, United Kingdom
Monaco
Berlin, Germany
Algeciras, Spain