Horwath HTL is the world's largest consulting organization specialized in the hospitality industry, with 45 offices in 39 countries. We are recognized as the pre-eminent specialist in Hotels, Tourism and Leisure, providing solutions through a combination of international experience and expert local knowledge. Horwath HTL provides consulting and advisory services to the hospitality industry. Our areas of specialty are: Planning and Development Appraisal Reports • Destination and Large Scale Project Master Planning • Facilities Programming • Highest and Best Use of Land Analysis • Hotel Management Company Selection and Contract Negotiation • Macro Tourism Analysis • Market Entry Strategy • Market and Financial Feasibility Studies • Product Conceptualization • Project Capitalization and Financial Structuring • Residual Land Valuation • Strategic Planning Asset Management and Operational Advisory Accountability Review • Asset Management Advisory • Benchmarking • Best Practice Analysis • Capital Expenditure Cost/Benefit Analysis • Litigation Support • Loan Underwriting • Operational Reviews • Owner Representation Property Tax Appeals • Repositioning Strategy and Analysis Transactional and Financial Restructuring • Asset Valuation • Corporate Mergers and Acquisitions Advisory • Due Diligence • Insolvency / Receivership • Investment and Divestment Strategy • Loan Work-out • Pre-lending Review • Strategic Management and Planning • Transaction Management and Closure