Sellers
Every owner brings their hotel to market for different reasons. Repositioning your business plan, looking to upgrade to the next property tier, in a must-sell situation or simply ready to retire and want to exit the business….no matter the reason, selling your asset, whether it is a portfolio or just one hotel property, it is a big decision.
HawksView Hospitality specializes in the business of hotel real estate sales and once you are ready to sell your hotel and we understand your goals and objectives, we are ready to assist! We will reach the appropriate groups of buyers by exposing your property both locally and nationally. Once we understand a buyer's position and they understand the nature of the investment deal, then we will provide the investors with the appropriate investment information to move a deal forward.
We are here to help you succeed!
HawksView Hospitality specializes in the business of hotel real estate sales and once you are ready to sell your hotel and we understand your goals and objectives, we are ready to assist! We will reach the appropriate groups of buyers by exposing your property both locally and nationally. Once we understand a buyer's position and they understand the nature of the investment deal, then we will provide the investors with the appropriate investment information to move a deal forward.
We are here to help you succeed!
Let's Get Started!
When you are ready to sell your hotel, you are making this decision based on the tools of knowledge that help lead you forward, and for each owner, forward looking paints a different picture. Regardless, you are set to enter the marketplace that best suits your next step. To make the best informed decision you need as much information and tools especially with an on-going and changing market. Pin-pointing where your hotel sits in the marketplace can be tough. We are happy to come in and provide a full Market Valuation Report on your hotel for you and your investment team. The Market Valuation Report will help you best evaluate where your hotel sits in the marketplace. Together, here is what we need to do:
Planning
Discuss Objective for Selling Your Hotel
Review and Discuss Property Improvement Plan and Benchmark Reports
Understand Current Financing Structure
Review and Discuss Current Hotel Operations
Walk-thru, Inspect and Evaluate Your Hotel
Collect Books and Records Data, including Profit and Loss, Occupancy Report, Franchise Agreements
Market Valuation Report and Analysis
Review, Identify and Measure True Income/Cost
Prepare Financial Analysis
Compare Operations to Industry Standards
Incorporate and Factor the Financial Impact of the Property Improvement Plan
Review and Compare Vital Investment Data to On-Market and Recent Sold Hotels
Determine Potential Financing Structure based on Current Lending Debt-Coverage Ratios
Analyze and Determine Possibilities for Sale Structure
Finalize Findings for Market Price Report
Client Review
Review Market Valuation Report
Discuss Valuation Findings and Reasoning
Planning
Discuss Objective for Selling Your Hotel
Review and Discuss Property Improvement Plan and Benchmark Reports
Understand Current Financing Structure
Review and Discuss Current Hotel Operations
Walk-thru, Inspect and Evaluate Your Hotel
Collect Books and Records Data, including Profit and Loss, Occupancy Report, Franchise Agreements
Market Valuation Report and Analysis
Review, Identify and Measure True Income/Cost
Prepare Financial Analysis
Compare Operations to Industry Standards
Incorporate and Factor the Financial Impact of the Property Improvement Plan
Review and Compare Vital Investment Data to On-Market and Recent Sold Hotels
Determine Potential Financing Structure based on Current Lending Debt-Coverage Ratios
Analyze and Determine Possibilities for Sale Structure
Finalize Findings for Market Price Report
Client Review
Review Market Valuation Report
Discuss Valuation Findings and Reasoning
Ready to Sell
The marketplace is constantly moving and when you are ready to sell, HawksView Hospitality is ready to help you obtain the highest possible price the market has for you. Once we agree on price and terms, we will begin our process of selling your hotel. We want to provide an extensive marketing campaign for your hotel property, therefore it is important to have all appropriate information in order to best prepare our marketing package for investors' consideration. Investors want to see how the property is performing in 1) the current market and 2) the trends for an extended period of time. Another component that must be included are the capital improvements for the property. What capital contribution will be required for an investor to maintain and/or improve market position, as with most franchise agreements, the Property Improvement Plan will require updates upon transfer. The better prepared we are, the smoother the transition for you and the buyer.
Marketing
Finalize Offering Memorandum and Executive Summary Based on Market Valuation Report
Expose and Distribute Executive Summary:
- Nationwide Hospitality Broker Network Group
- Local Hotel Brokers
- Commercial Brokers Associations
- Local and National Publications
- Nationwide Investor Database
- Preferred Clients
- Electronic Marketplace
- Conferences and Sales Meetings
- Hotel Publications
Marketing
Finalize Offering Memorandum and Executive Summary Based on Market Valuation Report
Expose and Distribute Executive Summary:
- Nationwide Hospitality Broker Network Group
- Local Hotel Brokers
- Commercial Brokers Associations
- Local and National Publications
- Nationwide Investor Database
- Preferred Clients
- Electronic Marketplace
- Conferences and Sales Meetings
- Hotel Publications
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Interview and Qualify Buyers
Understand Investor Buying Strategy and Objective Understand Equity Position and Buying Strength Obtain Buyers Confidentiality Agreement Provide Full Offering Memorandum Call for Offers Letter-of-Intent Review and Negotiations Under Contract/Buyer Due Diligence Site Visit Hotel Inventory Books and Records Review Financing Appraisal Title Review Franchise/Transfer PIP Closing! |
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Additional Information |
