HOTEL WORKOUT AND RESTRUCTURING ADVISORY
Know the resolution path before you choose it.
Engagements for lenders and owners of distressed and underperforming hotels. On any one hotel, we represent one side.
When to call.
Hotel on a watch list
Covenant breach or cash trap
Maturity with no refinance path
Unfunded PIP or franchise default
Operator not delivering
Partner or sponsor dispute
Foreclosure, receivership or deed-in-lieu on the table
REO hotel that needs a plan
Weak operating performance
Volatile cash flow and floating interest rates
CapEx planning and renovation execution
Management company not the right fit
Each engagement is built around who our client is and where the hotel stands.
Lenders engage us as hotel experts with a deep structuring and asset management track record. Owners hire us as proven operators who have run and repositioned hotels themselves. We are here to provide solutions for those who need them.
FOR LENDERS
Lender-side workout and resolution advisory.
Find the path to the best recovery, and defend it to credit committee.
Collateral review. An independent read on the hotel and its business plan.
Resolution paths. Recovery math on modify, note sale, deed-in-lieu and foreclosure.
Sponsor plan stress test. We test the borrower's business plan before you agree to terms.
Workout terms. Forbearance, modification and extension strategy.
REO stabilization. Position a hotel you took back to hold or sell.
Receivership support. Receiver selection, transition and oversight.
FOR OWNERS AND SPONSORS
Sponsor-side restructuring and lender negotiation.
Restructure the debt, protect the equity and bring the lender to yes.
Diagnostic. What the hotel's operations can support today.
Restructuring plan. The ask, backed by numbers a lender will accept.
Operator transition. Change the manager or the flag with the exposure understood.
Lender negotiation. Led by someone who has sat on the lender side.
Recapitalization. New capital stack and fresh underwriting.
Asset repositioning. Operating model, capital plan and revenue strategy.
How it Works
1
Confidential call. NDA first if needed.
2
Diagnostic. The portfolio or hotel, the debt, and the realistic options.
3
Resolution plan. A clear recommendation, in writing.
4
Execution. Negotiation and follow-through to resolution.
Most fees are tied to the result.
Most engagements pair a modest retainer with a completion fee tied to the resolution. We bring senior experience without a large team, so most of our compensation depends on your outcome.
Monthly retainer
Success fee tied to a defined result
Scope and fees agreed in writing up front
