Hotel Cost Management Support – Assured Hotels Turnaround Case Studies

The Energy Bills Support package announced by the Government last week was very welcome news, we have worked through the detail and will be publishing comprehensive guidance outlining utility cost management. This however is only part of the story, as pressures from declining revenues and rising costs across the board continue to erode margin and cash.

Most of our current caseload is trading administrations, where we are assisting stakeholders to preserve value to an exit. We can see that insolvencies of all types are returning 2019 levels, which given the pressures on trading businesses is inevitable.

However, these very final outcomes are avoidable in many cases.  We are highly experienced in advising on hotel turnaround and restructuring. We therefore  highlight several successful hotel projects where early intervention has made a difference:

Hotel turnaround to achieve refinance  – 150 bed hotel with multiple outlets, in the Northwest

Group turnaround to disposal – hotel group consisting of 600 keys generating £20m annual turnover in the North of England

Single asset management led turnaround – lighter touch advisory support to the management team, of a 44-bedroom Southwest hotel

Welcome to Assured Hotels  

Assured Hotels offer specialist support to hotel owners and stakeholders, in both Hotel Advisory and Asset Management capacities. We have been engaged in hotel turnaround and restructuring, trading insolvent businesses and in the acquisition or disposal of hotels on behalf of investors.

We maintain impartiality and independence free of any fixed portfolio, offering support services across all disciplines.  This includes sales and revenue growth, marketing, finance and reporting, procurement, and compliance. Our flexible contracting ensures affordability, with emphasis on the development of the hotel’s senior management team and therefore better returns for investors and stakeholders.

Please click here to book a meeting, email mgriffin@assuredhotels.co.uk  or call 0203 916 5658.