Advisory Services

Our primary objective is to always take full advantage of our extensive professional abilities so as to help achieve our clients’ best company and economic interests.


  • - Analysis of existing investments and proposed acquisitions
    - Market due diligence, including detailed subject hotel analysis
    - Analysis of existing and proposed competition
    - Forecast of competitive set occupancy, ADR and RevPAR and subject hotel penetration analysis - Pro forma income and expense projections
    - Forecasts of cash flows from operations and to various ownership interests
    - Determination of current and anticipated returns to debt and equity investors

  • - Comprehensive lodging market, competitive hotel, and subject hotel evaluation
    - Pro forma projections assuming various capital investment and new management scenarios
    - Hotel management agreement ('HMA') and licensing agreement breakage analyses
    - Indication of value based upon TRE's analyses and assumptions

  • - Attend budget meetings as ownership’s ‘hospitality expert’
    - Analyze historical income statements versus forecast / budget and other industry metrics
    - Examine historical and projected market segmentation (mix of business)
    - Critique capital plans and the sales and marketing plan
    - Analyze historical and projected changes to competitive supply and demand and competitive hotel landscape

  • - Analysis of existing investments or proposed acquisitions with significant renovations plans
    - Room count, F&B, meeting, and recreation sizing
    - Brand and management selection including RFP process and management / franchise contract negotiations
    - Site, PIP, and other programming evaluations for new and existing assets