Global Leader in Hotel, Tourism & Leisure Consulting MA, Russia & the CIS
TM Welcome to Horwath HTL, the world s number one hospitality consulting network. We are the industry choice; a global network offering complete solutions across all markets. Over the last 20 years, Horwath HTL has gained extensive market knowledge through involvement in thousands of projects. We use this experience to bring the maximum value to any assignment. Horwath HTL has become synonymous with quality, service, impartial advice and expertise. We are known for always providing the highest level of service to our clients. Whatever your requirements, large or small, national or global, Horwath HTL can help you succeed. OUR XPRTIS Accountability Reviews Hotel Asset Management Asset Management Advisory Hotel Asset Valuation Best Use of Land Analysis Brand xpansion Capital xpenditure Cost / Benefit Analysis Corporate Mergers & Acquisition Advisory Destination & Large Scale Project Master Planning Due Diligence Hotel Management Company Selection & Contract Negotiation Insolvency / Receivership Investment & Divestment Strategy Litigation Support Market & Financial Feasibility Studies Market ntry Strategy Operational Reviews Planning & Development Product Conceptualisation Repositioning Strategy & Analysis Sales, Marketing & Revenue Management Strategic Planning Tourism, Planning & Development Transactions & Financial Restructuring
Global leader in one of the world s largest business sectors Hospitality is one of the world s largest industries, with travel and tourism accounting for 9% of Global GDP * Horwath HTL is a world leader in hospitality, offering experience and expertise across the Hotels, Tourism and Leisure spectrum If you re involved in hospitality, Horwath HTL can advise, assist and work with you to help you realise your goals OUR XPRINC Conference Centers Convention & xhibition Centers Clubs Cruise Ships Fractional / Vacation Ownership Golf Courses Hotels Mixed-use Developments Resorts Restaurants Serviced Apartments Spas Timeshare / Vacation Ownership Tourism Tourist Attractions *RCNTWTTCSTIMAT
Oslo Moscow Dublin London Amsterdam Frankfurt Paris Andorra la Vella Barcelona Madrid Lisbon Zug Salzburg Rome Warsaw Budapest Zagreb Belgrade Istanbul Limassol Cape Town 45 OFFICS GLOBALLY 39 COUNTRIS 21 OFFICS SRVING UROP, AFRICA, RUSSIA & TH CIS ANDORRA Victor Marti T +37 686 14 30 vmarti@horwathhtl.com CYPRUS Christos Michaelides T +357 25 730 540 cmichaelides@horwathhtl.com GRMANY Rüdiger Knospe T +49 69 2400 9844 rknospe@horwathhtl.com AUSTRIA Gerald Kroell T +43 662 83 26 00 gkroell@horwathhtl.com CROATIA Dr Miroslav Dragicevic T +385 1 48 77 200 mdragicevic@horwathhtl.com FRANC Philippe Doizelet T +33 153 797 875 pdoizelet@horwathhtl.com Stephane Durand T +33 142 174 368 sdurand@horwathhtl.com Frank Mustaff T +49 69 2400 9844 fmustaff@horwathhtl.com HUNGARY Marius Gomola T +36 70 778 5912 mgomola@horwathhtl.com Sanja Cižmar T +385 1 48 77 200 scizmar@horwathhtl.com
IRLAND Naoise Cosgrove T +353 1 448 2200 ncosgrove@horwathhtl.com PORTUGAL T +351 91 181 7571 marti@horwathhtl.com SWITZRLAND Heinz Wehrle T +41 41 560 1974 hwehrle@horwathhtl.com Aiden Murphy RUSSIA Michaela Wehrle T +353 1 448 2200 Michael O Hare T +41 41 560 1974 amurphy@horwathhtl.com T +44 7768 290 973 mwehrle@horwathhtl.com mohare@horwathhtl.com ITALY TURKY Zoran Bacic SRBIA Metin rdogdu T +39 06 68 395 091 Silvija Lovreta T +90 212 253 94 88 zbacic@horwathhtl.com T +381 63 498 659 merdogdu@horwathhtl.com NTHRLANDS wout Hoogendoorn T +31 20 426 06 60 ehoogendoorn@horwathhtl.com Marco van Bruggen T +31 20 426 06 60 mvanbruggen@horwathhtl.com slovreta@horwathhtl.com SOUTH AFRICA Michelè de Witt T +27 21 527 2120 mdewitt@horwathhtl.com SNGAL Beatrcie Montagnier T +221 77 288 77 77 UNITD KINGDOM rlend Heiberg T +44 207 583 3772 eheiberg@horwathhtl.com Patrick Angwin T +44 207 583 3775 pangwin@horwathhtl.com NORWAY bmontagnier@horwathhtl.com Vivian Sivertsen T +47 23 00 39 90 vsivertsen@horwathhtl.com POLAND SPAIN - MADRI Victor Marti T +34 91 598 43 44 34 93 240 28 20 vmarti@horwathhtl.com Dariusz Futoma T +48 22 64 79 700 dfutoma@horwathhtl.com
HORWATH HTL KY SRVICS Hotel Asset Management Horwath HTL Asset Management teams work to create and protect value. Our experts work along side owners, protecting their interests and maximizing returns on their investments. Hotel Planning & Development Horwath HTL Planning & Development services are the cornerstone to any successful hotel project. Our international team of hotel experts can advise and navigate through all areas of hotel development. Tourism & Leisure Horwath HTL has some of the world's foremost experts in Tourism & Leisure development. We have a system for all aspects of your project. Hotel Transactional Advice Horwath HTL is skilled at guiding investors, lenders and owners through the complex nature of acquisition and disposal transactions, with experience of successful hotel financing and transactions of all sizes. Hotel Valuations Horwath HTL Valuation Services have valued Hotel properties all over the globe. Our teams are internationally recognised experts in single asset and portfolio valuations. Health and Wellness Horwath HTL Health and Wellness offers a full range of consulting and management services that make a difference in hotel and spa performance.
HORWATH HTL - HLPING YOU GT RSULTS AT ALL STAGS OF A PROJCTS LIF Planning & Development: Appraisal Reports Destination & Large Scale Project Master Planning Facilities Programming Highest & Best Use Hotel Management Company Selection & Contract Negotiation Macro Tourism Analysis Market & Financial Feasibility Studies Market ntry Strategy Product Conceptualisation & Financial Structuring Residual Land Valuation Strategic Planning Tourism Planning Asset Management & Operational Support: Accountability Review Asset Management Advisory Benchmarking Best Practice Analysis Capital xpenditure Cost/Benefit Analysis Litigation Support Loan Underwriting Operational Reviews Owner Representation Property Tax Review Reposition Strategy & Analysis Sales, Marketing & Revenue Management Transactional Advice & Financial Restructuring: Asset Valuation Corporate Mergers & Acquisition Advisory Due Diligence Insolvency/Receivership Investment & Divestment Strategy Loan Work-out Pre-Lending Review Strategic Management & Planning Transaction Management & Closure
ANDORRA C/ Bonaventura Armengol 10, Despatx 144, AD500, Andorra La Vella, Andorra T +37 686 14 30 AUSTRIA Franz-Hinterholzer-Kai 2A/2, A-5020 Salzburg, Austria T +43 662 832 600 CROATIA Green Gold Tower, 14th floor, Grada Vukovara 269A Zagreb 10000, Croatia T +385 1 48 77 200 CYPRUS Cypronetwork House, 84 Nicou Pattihi Str., 3070 Limassol P.O Box 53809, 3318 Limassol, Cyprus T +357 25 730 540 FRANC 6 rue Dunois, 75013 Paris, France T +33 142 170 338 GRMANY Kaiserstrasse 47, D-60329 Frankfurt, Germany T +49 69 2400 9844 HUNGARY Szépvölgyi Business Park 16/B Montevideo Street H-1037 Budapest, Hungary T +36 1 700 0030 IRLAND Marine House, Clanwilliam Court, Dublin 2, Ireland T +353 1 448 2200 ITALY Via Flaminia 21 00196 Rome, Italy T +39 06 68 395 091 NTHRLANDS Gebouw Officia I, De Boelelaan 7 1083 HJ Amsterdam, Postbus 74175, 1070 BD Amsterdam, The Netherlands T +31 35 5489 020 NORWAY Linstows Gate 6, N-0166, Oslo, Norway T +47 23 00 39 90 POLAND Wola Center, ul.przyokopowa 33 Warsaw 01-208, Poland T +48 22 64 79 700 PORTUGAL Av. Miguel Bombarda 21-3 sq. 1050-161 Lisboa, Portugal T +351 91 181 7571 RUSSIA Millennium House, Trubnaya Str. 12., Office Q5, 107045 Moscow, Russia T +7 495 795 0639 SNGAL Point, BP 45235, Dakar, Senegal T +221 77 288 77 77 SRBIA Obilicev venac 18-20, 11 000 Belgrade, Serbia T +381 63 498 659 SOUTH AFRICA F2 The Courtyard Central Park on splanade Century City 7441, South Africa T +27 21 527 2120 SPAIN Barcelona Av. Diagonal 429, 5th floor, 08036 Barcelona, Spain T +34 93 240 28 20 Madrid Pa eo e la a tellana, 7th floor 2 4 Ma drid, Spain T + 34 91 598 43 44 SWITZRLAND Untermüli 9, 6302 Zug Switzerland T +41 41 560 1974 TURKY Garage vleri, Visne 1 Bolgesi, 6.Cadde, 861 Parsel, A2/2 34450 Zekeriyakoy, Istanbul, Turkey T +90 212 253 94 88 UNITD KINGDOM 15 Old Bailey, London C4M 7F T +44 20 7583 3771 www.horwathhtl.com