Hotel asset management and consulting in Germany
Our German office is at Hannoversche Strasse 88a, 21079 Hamburg.
The German market is lease-heavy in a way Spain and Switzerland are not, which changes the owner's question entirely: the issue is usually the covenant and the structure of the lease or management agreement rather than day-to-day operating margin. We work on both, city hotels and aparthotels where the operating model is the value driver, and lease assets where the agreement is. Recent German work spans Hamburg and Berlin, from a 225-room aparthotel to a 245-room five-star city hotel.
City hotels and aparthotels
Operating-model work on German city assets, including PHNX Aparthotel 3* Hamburg (225 rooms).
Lease and agreement review
Lease and management agreement structures compared side by side for the same asset, with the covenant assessed honestly.
Consulting and due diligence
Operational underwriting for buyers, including Hotel Atlantic 5* Hamburg (221 rooms) and Hotel Bristol 5* Berlin (245 rooms).
What owners ask us
Hotel Asset Advisors has advised on 15 hotels totalling more than 2,000 rooms, with a combined asset value of over €1 billion. We work on a small number of mandates at a time, each led personally by a partner. Selected German projects include Hotel Atlantic 5* Hamburg (221 rooms), Hotel Bristol 5* Berlin (245 rooms) and PHNX Aparthotel 3* Hamburg (225 rooms).
Where is your German office?
Hannoversche Strasse 88a, 21079 Hamburg. Write to germany@hotelassetadvisors.com.
Do you work across Germany or only in Hamburg?
Across Germany. Recent work includes Berlin as well as Hamburg.
Do you advise on lease structures as well as management agreements?
Yes, both, including a like-for-like comparison of lease and management outcomes for the same asset.
Do you carry out acquisition due diligence in Germany?
Yes. Operational, commercial and capital expenditure review of a single asset, with the business plan and underwriting that sit behind the price.
Do you report in German?
Yes. We provide our reports in both English and German. Please let us know your preferred language, and we will prepare the documentation accordingly.