
Hospitality Experience
JW Marriott and Grand Hyatt Erawan
Horwath HTL was engaged by a US based private equity to provide independent opinions of value for the 380-room Grand Hyatt Erawan and 441- room JW Marriott hotels as part of the due diligence process for investing in the ownership of these two prime 5-star hotels.
Project Scope
Horwath HTL was engaged by a US-based private equity firm to provide independent valuations for the 380-room Grand Hyatt Erawan and the 441-room JW Marriott hotels. These assessments were a critical part of the due diligence process for the firm’s potential investment in the ownership of these two premier five-star properties located in Bangkok.
The engagement involved a comprehensive evaluation of both hotels, focusing on their market positioning, operational performance, and financial metrics. Horwath HTL conducted detailed analyses of historical performance data, including occupancy rates, average daily rates (ADR), revenue per available room (RevPAR), and profitability. These indicators were benchmarked against similar high-end properties in Bangkok to assess the hotels’ competitive standing and market potential.
In addition to operational performance, the valuation considered the condition of the physical assets, including the quality of guest rooms, public spaces, and amenities. Insights into potential capital expenditure requirements for maintaining or enhancing the properties’ standards were also included in the assessment.
The study factored in broader market dynamics, including demand trends in Bangkok’s luxury hospitality sector, tourism growth projections, and the impact of regional and global travel patterns. The strategic locations of the Grand Hyatt Erawan and JW Marriott, along with their affiliation with globally recognized brands, were highlighted as key value drivers.
The final valuation provided the private equity firm with an independent and data-driven understanding of the financial and strategic potential of these properties. By delivering a robust analysis, Horwath HTL supported informed decision-making, ensuring the firm had a clear view of the risks and opportunities associated with their investment in these iconic Bangkok hotels.
Project Location
Bangkok, Thailand