Our Offices
Welcome to the United Kingdom
At Horwath HTL we are dedicated to the Hospitality, Tourism, and Leisure sector. In the UK we are a business unit of Crowe UK and a member of Crowe Global, one of the top 10 accounting networks in the world. We combine deep sector expertise with Crowe’s multidisciplinary capabilities to deliver integrated, insight-led solutions across the full lifecycle of hospitality and leisure assets, and tourism strategy. Our core services include M&A due diligence and integration, strategic growth and market planning, asset management and operational advisory, and support for urban regeneration and strategic land development.
Whether advising on transactions, shaping masterplans, or optimising performance, we bring commercial clarity, data-driven analysis, and independent perspective to help clients unlock value, mitigate risk, and deliver long-term impact. From investors to global brands, developers and public sector organisations, our clients rely on us to navigate complexity and make confident decisions in a rapidly evolving visitor economy.
Regional Contact
Crowe Global
We are a business unit of Crowe UK and a member of Crowe Global.
Years Market Experience
Experts in the United Kingdom
Projects Completed
Capabilities
Creative solutions for a complicated world.
Strategy and Planning
It can be hard to know what the right move is. We understand the path ahead, let us help you succeed.
Growth, Sales and Marketing
Do more with what you have. Get your focus and resources to the right place.
Operational Support
What gets measured gets done, so start measuring. We show you the standards, then help you smash through them.
Valuation and Transaction Advisory
When there is a deal to be done, you may only have one chance. Let's get it right.
United Kingdom projects
We help ambitious clients achieve extraordinary outcomes
Acquisition Due Diligence for DTGO
Northern Ireland, United Kingdom
Hospitality Concept Development
United Kingdom
Hotel Needs Assessment
London, United Kingdom
London Vendor Due Diligence
London, United Kingdom
Market Entry Strategy for Lifestyle Brand
London, United Kingdom
Market Positioning Review
United Kingdom
Review of Prosper Cap Portfolio for DTGO
United Kingdom
Selection of Operator for Caparo Hotels
Torbay, Devon, United Kingdom
Subject Matter Experts
Local insights
Cutting-edge analysis.
Lenders pick the winners in the UK hotel market
The UK hotel debt market is open, liquid, and aggressively priced — but only for the right borrower, in the right place, with the right story. Lenders are responding to a capital market that looks less like an orderly system and more like a beauty contest — with a curious line-up of sponsor–asset propositions hoping to win their attention: the opportunistic fund backing a value-play with capital ready to deploy; the large portfolio trades that still turn heads despite complexity; the prime city and gateway hotels fronted by long-term owner-operators with strong covenants; and, on the periphery, a few strategic buyers stitching together single-asset bolt-ons. In this landscape, winners are not defined by whether an asset is “performing” in the conventional sense, but by whether it fits the much narrower credit models’ lenders are now running. The right profile can draw multiple competitive term sheets; the wrong one — even with similar EBITDA — can find it tough to get past lending committees.

Smart exposure: optimising hotel market combinations for returns, stability and balance
In today’s fragmented and fast-evolving hospitality landscape, selecting the right markets for hotel investment and operation is both a strategic imperative and a complex challenge. Unlike other asset classes, the hotel sector lacks a unified, transparent dataset for total returns — making it harder to assess performance, compare opportunities, or build diversified portfolios with confidence.

The shifting fundamentals of the UK hotel market
We take a deep dive into the shifting fundamentals of the UK hotel market in eight key charts. Learn what they mean for owners, operators, and investors alike.
