Advisory Services
Evaluating the acquisition, development repositioning or disposition of a hotel asset sometimes requires expertise that is outside of our operational scope. For this purpose, Trust Hospitality has established in-house and outsourced relationships with highly qualified advisors, brokers, financiers, developers and other professional resources. These professionals can assist with the following tasks:
Receivership Services
Trust Hospitality understands a lenders challenge when it takes back an asset. We become an extension of the lender to ensure that it pursues the proper course of action to maintain maximum value in the asset.
Property Tax Appeals
Trust Hospitalitys acute understanding of hotel assets allow it to identify asset characteristics that will result in property tax savings. A conventional approach without an understanding of these characteristics will not yield the same result.
Insurance Policy and Benefit Evaluation
In our experience, many hotels overpay for their property insurance, workers compensation insurance and benefits. We have realized savings of 20-30% annually for our clients in this area.
Asset Strategy
Whether planning a hotel, purchasing a hotel or repositioning an existing hotel, there is no substitute for an extensive market research and a professional feasibility study conducted with an academic, experience-based and entrepreneurial approach,. the conclusions of which will ensure a successful, long-term strategy that mitigates all risks and generates returns for all stakeholders.
Asset Management
Operators and brands often sit on the opposite side of the negotiating table to owners and lenders of a hotel asset. Hiring an independent third party with your investment goals in mind to hold your operator accountable and negotiate brand requirements during your holding period ensures operator integrity and optimization of your assets potential. Our market knowledge and experience in hotel transactions also helps to determine when to hold, reposition or sell.
Due Diligence and Underwriting
Having been involved in the acquisition and disposition of dozens of hotels in multiple countries, Trust Hospitality has the resources to ensure that the hotel you are considering meets all the requisite physical, economical and organizational criteria.
Hotel Development
The development process at Trust Hospitality has been established form 20 years of experience developing and rehabilitating old hotels or buildings into hotels. ., . Trust Hospitality can assist you in this phase of your project.
