Case Study Overview
A lack of significant presence in the UK market, along with a complex overseas structure.
HotelFinance supported this global hotel operator on its first hotel acquisition in the UK involving senior debt, by sourcing significant funding to cover the CAPEX required to reposition the hotel within its market, and to bring the hotel up to the standard of their overseas inventory. Our banking experience was pivotal to guide the deal through the Clearing Bank’s rigid KYC process.
What our client says
“Karma Resorts is a global hotel company with hotels and resorts across the world, however we were new to the world of banking in the UK and found HotelFinance’s support in sourcing senior debt and a banking relationship with a High Street lender invaluable.”
Chairman and CEO