Welcome to Horwath Asia Pacific (Hawaii), LLC, the Horwath Hotel, Tourism and Leisure consulting affiliate in Hawaii. Horwath HTL is the world's largest consulting organization specialized in the hospitality industry, with 50 offices in 30 countries. Key services provided by Horwath HTL, include:

• Asset Management and Operational Advisory
  
  Horwath HTL, with its hospitality expertise, extensive operational experience and deep-rooted analytical capabilities, provides a complete range of value enhancing asset management services to sophisticated owners. Understanding what strategies and management practices result in increased cash flow and asset value, we take an assertive position in an asset management role as owner representatives to maximize returns and asset values over time.
  
  
  
• Hotel Management Selection & Contract Negotiations
  
  Properly selecting a management company (for hotels, resorts and serviced apartments) and negotiating a management contract are vital to achieving optimum investment return and asset value. With a myriad of hotel brands and products in the market, the task of choosing an appropriate management company has become an increasingly complex challenge for even the most experienced hotel owners and developers.
  
  Horwath HTL has experience with all major regional and international hotel management companies. We understand management company branding, qualifications and capabilities, contractual options and positions, management contract formats, operator fees and performance criteria, and systems to oversee and reward operator performance. On behalf of owners, we employ a systematic approach for placing the hotel management contract opportunity to tender. This process streamlines the complex process and maximizes the benefit for the property owner.
  
  More importantly, we provide an informed review of the key commercial contract terms and can negotiate a successful contract conclusion on behalf of or in support of owners. Understanding that many commercial terms have far reaching implications beyond the management fee structure, we benchmark the contracts according to established industry standards.
  
  
  
• Planning and Development
  
  Our project experience, market research and analysis capabilities underpin the planning process for hotel, tourism and leisure projects. By thoroughly understanding market characteristics and trends, we are able to identify development opportunities and provide corresponding concept and product positioning recommendations for maximizing project performance. Financial feasibility is tested by estimating project cash flows and investment returns based on detailed analysis of future market performance, subject property competitive attributes and localized operational and financial benchmarks from the Horwath HTL database.
  
  Horwath HTL reports are relied upon by developers, operators, lenders and investors requiring an impartial assessment of project viability, while our market and product descriptions form the basis for architectural briefs and short listing appropriate operators and branding for the project. By understanding operator qualifications and characteristics, management contract formats and terms, and systems to oversee and reward operator performance, Horwath HTL can also assist owners in selecting the right operator and successfully negotiating the hotel management contract.
  
  
  
• Transactions and Financial Restructuring
  
  As a highly experienced team of hotel due diligence consultants, Horwath HTL is particularly skilled at guiding investors, lenders and owners through the complex nature of acquisition and disposal transactions, which are complicated by the transfer of a dynamic going concern; the hotel business. The successful management and closure of a hotel transaction requires care and attention to hundreds of highly specialized processes and tasks. The due diligence process further involves the independent and critical evaluation of the complete physical and business assets being sold.
  
  Through our industry expertise and extensive involvement with successful hotel financing and transactions of all sizes, we are able to undertake both the Principal Advisor and financial consultant roles in the due diligence process, offering clients an unparalleled depth of understanding concerning the critical issues and steps affecting transaction closure. We have also frequently taken the receiver role in cases of insolvency, including management of the asset disposition process. In all cases, our specialist advisory services are particularly effective for reducing transaction risks and expediting transaction completion to our client's optimal satisfaction. These services can be provided for a single property transaction, or as part of a portfolio investment, or to support a financial or public market deal.