Distressed Hotel Assets
Renovation and Repositioning Support for Challenged Hospitality Assets
When a hotel is under PIP pressure, carrying deferred maintenance, or moving through a workout, construction questions become valuation questions. We help the parties involved understand the real scope, cost, and path forward.
Who we work with
Built for the parties around a challenged asset.
- Lenders with troubled hotel collateral
- Receivers managing hospitality assets
- Buyers evaluating underperforming hotels
- Owners facing PIP pressure or deferred maintenance
- Advisors involved in hotel workouts or repositioning
Common scenarios
The situations we're usually called into.
01
Brand PIP compliance risk
02
Deferred maintenance
03
Conversion / reflag planning
04
Capex planning before sale or refinance
05
Physical condition issues affecting value
06
Stabilization before new ownership or management transition
How DHGC can help
From construction assessment to execution.
Construction scope review
An honest read of what the asset actually needs versus what's deferred or optional.
Renovation planning
A path from current condition to a brand-compliant, marketable property.
Phasing and sequencing
Work staged to protect cash flow and limit disruption during a sensitive period.
Budget range development
Defensible cost ranges to support underwriting, workout, or sale decisions.
PIP / conversion execution
Execution of the renovation or conversion once a direction is set.
Stakeholder coordination
Coordination with ownership, operations, brand, and advisory parties.
We approach distressed situations with discretion and a realistic view of cost and condition — the same judgment we would want applied to our own assets.
Distressed assets
Discuss a Hospitality Asset
Tell us about the property, its condition, and the situation. We'll help you understand the construction picture and what it means for value and timing.