01. Feasibility Studies

Feasibility studies ascertain the economic feasibility or the suitability of a location or market for a project. The Epic Hospitality feasibility study is aquality product and highly accepted by financial institutions, investors developers, financial institutions and operators.

Therefore, a feasibility study by Epic Hospitality provides an ideal decision basis for the Development financing or operation of lodging (hotel, resort, hostel, aparthotel, serviced apartments, student accommodation, senior citizens residence, etc) or other tourism & leisure projects.

02. Operator Search

If you are looking for a hotel group to run an existing or planned hotel, we can assist you with the selection of a suitable operator. Furthermore, we advise you with regard to the financial and legal aspects of a lease, management, franchise or licence agreement. A fair and precise contract provides a basis of an agreement which can withstand future challenges.

We offer the following services :

• Selection of Suitable Brands
• Selection of Suitable Operating Companies, Franchisors and Hotel Goups / Cooperations
• Negotiations of Lease, Management, Franchise or Licence Agreements (Heads of Terms & Contracts)
• Review of Lease, Management, Franchise or Licence Agreements
• Dispute Resolution (Including Arbitration, Mediation, Litigation Support) & Expert Testimony on Lease, Management, Franchise & Licence Contracts
• Similar services are also available for other lodging products, as well as tourism & leisure facilities.

03. Project Development

In order to guarantee the success of your project, we offer you our assistance in the project development process. Step by step, we will guide you towards your goal: the opening of a successful hotel, resort or tourism/leisure project. We cooperate with all parties involved and support them with our specific knowledge.

We offer the following services:

• project development advice
• Project Management & Controlling Support
• Architecture & Design Services (Including Best-use Concepts, Room & Function Planning, Coordination of Architectural Competitions, Review of Architectural Plans, Optimisation of Existing or Planned Hotels, Conceptual Ideas for New Hotels & Hotel Brands)

• Master Plans for Large-Scale Projects and Destinations
• Investment Appraisals

04. Asset Management

The asset management services of Epic Hospitality are tailored to meet the individual needs of the client as well as the asset with the goal of mitigating risk and maximising cash flow, profitability and value. We support owners in managing their asset during the full life-cycle of the hotel investment by pooling together our expertise and experience in, amongst others, the areas of hotel operations, operator & brand selection, contract negotiations, financing & investment, transactions as well as architecture & design. Our services focus on:

• Owner Representation & Asset Management Services
• - Defining and understanding the client's goals and objectives
• - Creating an asset management plan - an annually updated reference and strategic road map
• - Serving as the owner's representative - liaison between the owner and the operator
• - Monitoring and proactively supporting the operator
• - Assisting the client in the strategic decision-making process (e.g. approval of budgets, sales and marketing plans, capital expenditures)
• - Optimising the information flow between operator and owner by providing concise and analytical reporting
• - Ongoing consulting and assessment of issues relating to the overall investment (e.g. optimal financing structure, exit strategy)

• Operational Consulting
• Performance & Operational Reviews
• Quality Control & Improvement (Including Mystery Guest Checks & Quality Audits)

• Select Support Services (Including Sales & Marketing, Revenue Management, Finance & Controlling)
• Re-positioning & Restructuring Advice (Including Re-financing, Re-branding, Technical Reviews)

05. Research + Benchmarking

In-depth knowledge of the hospitality industry is vital for the decision making process in all steps of hotel development and management. Knowing your position in a certain market is essential to making strategic decisions. Epic Hospitality offers - on a local, regional, national and international level - the following tailor-made benchmarking services:

• Current Demand & Demand Projections
• Current Supply & Future Projects
• Branding & Chain-Affiliation
• Rate & Occupancy
• Profitability & Other Key Performance Indicators

06. Valuations

Due to the combined experience of consultants, accountants, tax consultants and architects, we can guarantee you the highest standards of know-how and reliability concerning the valuation of hotels as well as other hotel, tourism & leisure entities. We offer the following services:

• Valuations of Hotels / Hotel Properties
• Valuations of Hotel Groups
• Valuations of Lease and Management Contracts
• Due Diligence Reviews
• Valuation of Tourism & Leisure Facilities

07. Strategic Advice

Our vast experience in the hotel, tourism & leisure sector serves as a basis for providing valuable support in the course of your strategic-decision making.

We can provide valuable input in, amongst others, the following areas:

• Dispute Resolution, including Arbitration, Mediation, Litigation Support & Expert Testimony on Hospitality-Related Issues
• - Due to our broad experience in the fields of hotel development, operator selection, financing, market research and asset management, Epic Hospitality has an in-depth understanding of the commercial issues at the heart of most disputes in the hospitality field. Our relevant services include an initial evaluation of the opposing positions, expert witness analyses and preparation of expert reports as well as estimates on lost revenue or profits.

• Concept & Brand Development, Including Roll-out Strategies
• Sustainability Consulting
• Re-positioning & Restructuring Advice, Including Re-financing, Re-branding, and Technical Reviews
• Master Plans for Large-scale Projects and Destinations

08. TransactionSupport

Due to our broad experience in the fields of project development, operator search, project financing, market research and asset management, Epic Hospitality is in the position to advise both, vendors and buyers in the acquisition/selling process of a hotel property. Our transaction support covers the following aspects:

• Determination of Acquisition and Sales Strategies
• Financing & Investment Support

• Management-Buy-In / Buy-Out
• Due Diligence Reviews
• - In order to evaluate the economic potential of a property or a company and to have a reliable basis for the negotiations with the vendor/buyer, a due diligence review is usually required. A full due diligence comprises a comprehensive economic, tax, legal and technical analysis of the transaction and provides a solid and secure foundation for the transaction process.

09. Destination Services

Epic Hospitality offers the following destination services:

• Tourism master plans based on a detailed analysis of the current situation, a comprehensive tourism development strategy will be prepared, including concrete recommendations and projects in the areas of ‘tourism product development’, ‘marketing’, ‘quality improvement’, etc. and a corresponding implementation action plan
• Tourism development strategies based on a brief tourism potential analysis, recommendations or a successful tourism development in a destination will be formulated and highlight projects will be defined
• Tourism product development together with the client we define new tourism products and provide our support for a successful implementation
• Digitalisation strategies data is the future currency and with our digitalisation strategies we support our clients on their way to become smart tourism destinations

• Marketing strategies finding the right mix between online and offline marketing activities is often a challenge for tourism destinations – with our know-how, we support our clients in defining powerful marketing strategies