The Impact Of COVID-19 On Hotel Valuations
ICAEW, the Institute of Chartered Accountants in England and Wales, in conjunction with HOSPA, the hospitality sector professionals' association, are pleased to invite you to a special webinar entitled "The Impact of COVID-19 on Hotel Valuations", to be held on Wednesday 21 April at 11.00 BST.
Over the last 12 months the hospitality sector has been impacted enormously by the coronavirus pandemic. Government restrictions, social distancing and increased health and safety measures mean that the industry has had to face and endure challenges such as low to zero business, redundancies, cash flow issues and in many cases dissolving businesses.
2021 presents a long and winding road to recovery but for those who are owning, operating, financing, selling or buying a hotel during this unprecedented time, will need to be acutely aware of how the pandemic has affected the value of hotels, what to expect and what to prepare for.
Join this webinar, where speakers Russell Kett FRICS, Chairman - London, HVS and Bob Silk, Relationship Director, Hospitality & Leisure Team, Barclays Bank PLC, will provide a comprehensive review of issues affecting hotel value, provide case studies as well as examine and explain key issues such as:
Review of issues affecting hotel values
- Performance
- demand and supply
- profitability
- cash flow
- recovery expectations
- How hotels are valued
- Influence on hotel values
The good, the bad and the ugly - a review of recent case studies
- Good vs. poor borrowers, and what factors did in each experience.
- Guidance to avoid falling out with your lender.
The speakers will also take part in a Q&A session, moderated by Jane Pendlebury, CEO of HOSPA, the hospitality professionals association.
This webinar is hosted by HOSPA
For more information please contact Jane Pendlebury
+ 44 (0) 203 418 8196
