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.


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.

Please find more details in our Transactional Advice service line.

Horwath HTL Hungary Projects

Cluj-Napoca, Cluj County, Romania
Tărlungeni, Brașov County, Romania
Košice, Slovakia
Tatranská Javorina, Slovakia
Liptovský Mikuláš-Iľanovo, Slovakia
Bratislava, Slovakia
Prague, Czech Republic
Pilsen, Czech Republic
Varna, Bulgaria
Obzor, Bulgaria
Sofia, Bulgaria
Ulcinj, Ulcinj Municipality, Montenegro
Bečići, Montenegro
Budva, Budva Municipality, Montenegro
Igalo, Montenegro
Zagreb, Croatia
Rovinj, Croatia
Trogir, Croatia
Dubrovnik, Croatia
Zadar, Croatia
Murau, Austria
Ritzing, Austria
Kitzbuhel, Austria
Innsbruck, Austria
Tbilisi, Georgia
Batumi, Adjara, Georgia
Ureki, Guria, Georgia
Kutaisi, Imereti, Georgia
Borovoe, Akmola Province, Kazakhstan
Almaty, Almaty Province, Kazakhstan
Astana, Kazakhstan
Kyzylorda Province, Kazakhstan
Shymkent, South Kazakhstan Region, Kazakhstan
Baku, Azerbaijan
İsmayıllı, Azerbaijan
Berehove, Zakarpats'ka oblast, Ukraine
Mukacheve, Zakarpats'ka oblast, Ukraine
Odessa, Odessa Oblast, Ukraine
Zaporozhye, Zaporiz'ka oblast, Ukraine
Schastlivoye Detstvo, prospekt Ostryakova, Vladivostok, Primorsky Krai, Russia
Kiev, Kyiv city, Ukraine
Lviv, Lviv Oblast, Ukraine
Yalta, Crimea
Alushta, Crimea
Areni, Vayots Dzor Province, Armenia
Dzoraget, Lori Province, Armenia
Yerevan, Armenia
Tsaghkadzor, Kotayk Province, Armenia
Minsk, Belarus
Mahé, Seychelles
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
Naberezhnye Chelny, Tatarstan, Russia
Irkutsk, Irkutsk Oblast, Russia
Almetyevsk, Tatarstan, Russia
Tuapse, Krasnodar Krai, Russia
Rostov-on-Don, Rostov Oblast, Russia
Zavidovo, Tver Oblast, Russia
Ulyanovsk, Ulyanovsk Oblast, Russia
Yaroslavl Oblast, Russia
Vladimir, Vladimir Oblast, Russia
Volgograd, Volgograd Oblast, Russia
Novosibirsk, Novosibirsk Oblast, Russia
Omsk, Omsk Oblast, Russia
Novorossiysk, Krasnodar Krai, Russia
Perm, Perm Krai, Russia
Krasnodar Krai, Russia
Astrakhan, Astrakhan Oblast, Russia
Tyumen Oblast, Russia
Ufa, Republic of Bashkortostan, Russia
Ryazan, Ryazan Oblast, Russia
Lipetsk, Lipetsk Oblast, Russia
Izhevsk, Udmurt Republic, Russia
Sopron, Hungary
Herceghalom, Hungary
Győr, Hungary
Bikal, Hungary
Harkány, Hungary
Balatonalmádi, Hungary
Salgótarján, Hungary
Hévíz, Hungary
Tura, Hungary
Miskolc, Hungary
Balatongyörök, Hungary
Miskolc, Miskolctapolca, Hungary
Gelse, Hungary
Balatonlelle, Hungary
Balatonfűzfő, Hungary
Visegrád, Hungary
Esztergom, Hungary
Tarcal, Hungary
Debrecen, Hungary
Bicske, Hungary
Sárvár, Hungary
Zalakaros, Hungary
Pécs, Hungary
Alsópáhok, Hungary
Gödöllő, Hungary
Zamárdi, Hungary
Bük, Hungary
Hajdúszoboszló, Hungary
Gyula, Hungary
Matrahaza Gyogyudulo, Gyöngyös, Hungary
Egerszalók, Hungary
Eger, Hungary
Tapolca, Hungary
Szeged, Hungary
Villány, Hungary
Siklós, Hungary
Poro, Albania
Portorož, Piran, Slovenia
Becej, Serbia, Bečej, Vojvodina
Warsaw, Poland
Dresden, Germany
Munich, Germany
London, United Kingdom
Berlin, Germany
Algeciras, Spain
Zürich, Switzerland
Paris, France
Bük, Hungary
Gödöllő, Hungary
Budapest, Hungary
Bucharest, Romania
Baku, Azerbaijan
Samara, Russia
Pilsen, Czechia
Schröcken, Austria
Murau, Austria
Minusio, Switzerland
Zadar, Croatia
Ulcinj, Montenegro
Budva, Montenegro
Cluj-Napoca, Romania
Tatranská Javorina, Slovakia
Miskolc, Hungary
Szeged, Hungary
Kecskemét, Hungary
Odessa Oblast, Ukraine
Kiev, Ukraine
St Petersburg, Saint Petersburg, Russia
Ekaterinburg, Russia
Voronezh, Russia
Nizhny Novgorod Oblast, Russia
Ismailia, Egypt
Agios Nikolaos, Agios Nikolaos Crete, Greece
Dushanbe, Tajikistan
Dubai - United Arab Emirates
Donovaly, Slovakia
Kobuleti Beach, Kobuleti, Georgia
Bansko, Bulgaria
Tihany, Hungary
Tarcal, 36108, 3915 Hungary
Atyrau, Kazakhstan
Aktau, Kazakhstan
Ljubljana, Slovenia
Ajdovščina, Slovenia
Badacsonytomaj, Badacsony, Hungary
Csopak, Hungary
Szántód, Hungary
Balatonfüred, Hungary
Etyek, Hungary
Paks, Hungary
Paracas, Peru