|Sheraton Centre Toronto Hotel | Location: Grand Ballroom|
Canada’s leading experts explain how investors across the capital stack evaluate risk, security, valuations, and future prospects today, how this has changed from pre-pandemic times and what is anticipated over the medium term.
The documents were signed a few years ago, and then filed away. Now, we must understand how stakeholders are dealing with operating covenants when assets are not operating as hotels and/or are in violation of franchise agreements. How do we find the balance between ensuring ongoing and long-term strategic capital renovations are being addressed against using those reserves to sustain cash flow? How will investors and lenders deal with government guarantee loan programs, managing both their complexity and various covenants.
Everyone has been challenged and we need to find ways of working together to preserve relationships and value for the assets we own and manage. What is needed to keep the peace yet still get the job done? Is it science, an art or both? Come listen to these skilled guides.
The money is out there for acquiring and developing hotels and resorts, but it comes with obligations and contingency planning. You may need more equity than you thought, and will need a cogent plan, skilled management, and a good track record. The capital stack has morphed, and this discussion will provide insight into what you need to do to find the right capital for your deal.
Is it time to buy or sell? Strategies for success
Do I? Don’t I? If you’ve accumulated a portfolio or thinking of getting into the sector, what preparation is really needed to make informed decisions? From the outside, hotel investment and operations look easy so what could possibly go wrong? Or perhaps as a current owner, you have several assets and one may need capital, a brand is coming off or it’s to be refinanced in the next year or so. Understand some of the important steps to make the transaction fluid and successful and to maintain and develop key portfolio management strategies.