Hospitality, Tourism & Leisure

Seasonality, occupancy, operator

Hospitality and leisure assets depend on seasonality, occupancy, operator quality and the capital needed to maintain the asset.

Our role in the sector

We test demand, operating assumptions, capital expenditure and debt capacity, and support financing, joint-venture and investment structures.

Hotel and leisure operations remain with the appointed operator.

A stone-faced hotel above an outdoor pool on a rocky coast, with wooded hills behind

What we examine

Areas of interest: hotels, hospitality operators, tourism and leisure assets.

  • Hotels — occupancy, rate, operator agreements and refurbishment cycles
  • Hospitality operators — management depth, brand terms and unit economics
  • Tourism assets — seasonality, access infrastructure and demand drivers
  • Leisure assets — visitor volumes, pricing and ongoing capital needs

Options we assess

Senior debt from banks and institutions — subject to each lender’s own decision.

Private credit and structured credit where banks step back.

Mezzanine and quasi-equity bridging the funding gap.

Institutional, strategic or co-investment equity, case by case.

ERAM Invest structures, finances and executes bankable investment opportunities.

Discuss a Hospitality Opportunity