Product

Hotels

A collection of contributing factors are driving rises in occupancy and average daily rates across the sector in London and larger regional cities.

This is matched by increased investor appetite. Maslow deliver bespoke lending facilities to meet the needs of experienced developers throughout the UK.

Pricing & Parameters
Asset Type Hotels, Aparthotels, Serviced Apartments
Maximum gearing Up to 65% LTV/GDV
Loan size From £5m up to £150m

Product criteria

  • 2-4 star branded hotels across England and Scotland
  • Majority of income derived from bedroom revenue with minimal dependency on F&B and other leisure facilities
  • Owner Operated or Operated by Management companies (Management agreements of maximum term 3-5 years) or direct leases to operating tenants. No long-term management agreements.
  • Demonstratable operator experience is a key underwriting requirement

 

In spite of Brexit, the demand fundamentals for lodging has remained resilient in the UK and the market has recorded continued improvement across the key hotel performance metrics including Average Daily Rate (“ADR”), occupancy levels and investment yields. Here at Maslow, we are enthusiastic to finance the development of the right hotels and serviced apartments, with lean operating models or pre-leases and which are in strategic locations that cater to both business and leisure travelers.
Laura Denenga Deal origination

Our Deals

Hotel Deals we have funded: