Hospitality Services

In today’s world of complex and evolving property types, there is perhaps no sector with more exposure to change than hospitality. Changes necessitated and accelerated by the recent pandemic have exposed potential flaws in the armor affecting a global business once believed to be almost impenetrable. While we do expect an increase in occupancy rates and REV par performance to return to levels which we became accustomed to prior to the pandemic, we also expect fundamental operational changes to surface in the coming months and years.

The hospitality team at Berkshire Hathaway HomeServices Verani Realty is deeply skilled in the areas of underwriting potential hotel acquisitions or dispositions, evaluating the strength and durability of an income stream, performing thorough market and financial feasibility analyses, tourism pro forma modeling and implementing aggressive asset management and property management strategies.