Hospitality Crisis Management: Business Recovery
By Horwath HTL Spain on 10. April 2020
Our Business Recovery Service (BRS) provides our clients with independent expertise aimed at the effective and efficient resolution of difficult situations, minimizing inherent risks and looking for underlying opportunities.
Our BRS has been specially designed to help financial institutions that are forced to take over hotels they have financed in the past, as well as offer professional advice to hotel owners who require an improvement in the profitability of their businesses and/or assistance with meeting their financial obligations.
Our success is based on our team of professionals, with extensive experience in all relevant aspects of the business, which allows us to understand the problems and propose the most appropriate solutions beyond the short term. Given the current challenge caused by the COVID-19 pandemic, combined with the economic slowdown which we anticipated in the last quarter of 2019, the likely scenarios are as follows…