What is included
A model built around the decision
Occupancy, ADR and RevPAR build
Rooms, food and beverage and ancillary revenue
Departmental expenses, undistributed costs and GOP
FF&E reserve and refurbishment programme
Debt, valuation and investor return schedules
Seasonality, ramp-up and downside scenarios
Best suited to
Typical mandates
New hotel developmentsHotel acquisitionsResortsServiced apartmentsRefurbishment and repositioning
How the engagement works
- 1Define property and market assumptions
- 2Build keys, demand and rate logic
- 3Model departmental operations
- 4Add financing and valuation
- 5Stress-test ramp-up and downside cases
Frequently asked questions
Do you use standard hotel metrics?
Yes. Models can include occupancy, ADR, RevPAR, TRevPAR, GOP, GOPPAR and departmental margins, with the exact reporting structure adapted to the operator or lender.
Can you model management and franchise fees?
Yes. Base and incentive management fees, franchise fees, marketing assessments and reserve contributions can be driven from the relevant revenue or profit base.
Can the model cover development and operations?
Yes. Construction, pre-opening, ramp-up, stabilised operations, refinancing and exit can be connected in one monthly or annual model.
Further reading
- Hotel Financial Model: ADR, Occupancy, RevPAR and GOP ExplainedA hotel model is an operating business on top of a property. Learn how occupancy, ADR and RevPAR drive revenue and how profit flows to GOP and NOI.
- Real Estate Financial Modeling: A Practical GuideWhat a real estate financial model contains, the main model types, how to build one step by step and what makes a model institutional-grade.
- Excel vs ARGUS for Real Estate Modeling: When to Use EachARGUS is strong for lease-by-lease commercial cash flows. Excel is strong for bespoke deal structures. Most institutional deals use both.
- 10 Real Estate Financial Model Mistakes Reviewers Catch FirstThe ten errors lenders and investment committees find most often in real estate models, and how to check your own workbook before they do.
Discuss your hotel & hospitality financial model
Talk directly with a financial modelling consultant about your deal, model, or lender requirements.
No obligation. You speak directly with the consultant who would build your model.