Hoteliers and tourism investors all over Ireland speak to Horwath Bastow Charleton when they:

• Think of building a new hotel or investing more in an existing hotel
  
  
• Need an operator to run a hotel
  
  
• Need a feasibility study or business plan carried out for a new tourism project
  
  
• Need to commission a critical independent review
  
  
• Want to restructure management
  
  
• Need a benchmark for costs or results
  
  
• Need advice on negotiating a lease or management contract.

Crowe Horwath International - the leading specialist accounting firm to the global Hotel and Hospitality industry.

In the global market, Crowe Horwath International has long been the leading specialist accounting firm to the Hotel and Hospitality industry. The Horwath Bastow Charleton Annual Hotel Survey is published in all the main market regions every year and can be accessed below.

The Horwath Hotels, Tourism and Leisure Group (Horwath HTL) exists to serve clients by helping them achieve a broad range of goals. Horwath HTL success as consultants, advisors and accountants and their international reputation in this industry, depends entirely on how well they meet this fundamental challenge.

More than ever before, hotels need to focus on improving operational efficiencies by containing costs and seeking productivity gains while at the same time improving quality and service levels. Horwath HTL has the experience and expertise to guide you through these processes to ensure positive results while building a competitive advantage.

As the Hotel, Tourism and Leisure industry begins to feel the pressures of proliferation, many businesses must adapt and grow to remain competitive. Horwath HTL have the industry experience to help your business sustain generations of change and competition.

Advanced technology systems and processes are a requirement in today's highly competitive academic environment. The ability to attract and retain high quality staff and financial resources is often dependent upon the technological reputation of the business. As leading providers of consulting and advisory services for the hotel, tourism and leisure industry, Horwath HTL offers specialized resources to help assess and enhance Web and network systems, improve processes and protect private and proprietary information.

Horwath HTL assists clients on transactions, investment and finance; management and operations; and accounting, tax and audit strategies. Highly trained consultants draw on their vast experience and knowledge to put clients in a strong competitive position, ready to take advantage of the opportunities that arise. 

As one of the world's largest networks of accounting firms, Crowe Horwath International has the resources and specialist knowledge needed to provide their clients with relevant, up to the minute advice on many areas. These may include tax structuring for an acquisition or disposal, advice on local tax and corporate laws, and accounting requirements for a hotel owner.

The focus and expertise of Crowe Horwath International on the hotel, tourism and leisure industry allow for a better understanding of your governance practices to help identify and focus resources on improving and managing the most critical areas of risk in your business.

With today's heightened awareness of corruption and fraud, no organization is exempt from scrutiny, not even the hotel, tourism and leisure industry. Mere compliance with regulatory requirements will not sufficiently meet the demands of customers, members, regulators and

other stakeholders.

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The Irish Hospitality Business Unit

Here in Ireland, our dedicated Hospitality Business Unit comprises accountants and hospitality consultants who have worked in the industry and have a mix of functional and strategic skills and knowledge enabling us to provide expert advice to our clients.

Our team in Horwath Bastow Charleton Limerick have assembled over thirty separate tax-based investor structures for hotels throughout Ireland in the last five years and are nationally recognised as a leader in this field.

We have been involved in a complete range of projects and developments including Hotels, Leisure Facilities, Health Spas, Conference and Banqueting Facilities and Golf Resorts.

We have also considerable experience in sourcing operators to run hotels, by way of either leasing arrangements or management contracts.

Our highly focused reporting combined with our knowledge of the hotel and tourism industry, enables us to add significant value to structuring, promoting and/or appraising of all new ventures, either on behalf of the promoter or a financial institution.

We have developed a suite of tailored financial models and analysis sheets to produce detailed financial projections as well as related assumptions highlighting key variables and sensitivities.

We have assisted our hospitality and tourism clients in the past with management buy-outs, company restructuring, various forms of fundraising (including tax based and government grants) and strategic business reviews. Our knowledge of and widespread involvement throughout the provinces has enabled us to provide a wealth of value added services to our client base operating in this region.

Through our affiliation with Crowe Horwath International, the recognised leading experts worldwide in the hospitality sector, we can draw on a wealth of international expertise when advising clients, including international policies, processes and procedures, innovative ideas, best practices and business models. Our production of the Ireland and Northern Ireland Hotel Industry Survey report, and numerous feasibility reviews, ensure we stay abreast of the latest and most up-to-date trends and practices.

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Benefits to you

Our knowledge of the industry and access to up-to-date trends and developments in the sector means that we can:

• Critically appraise an investment
  
• Devise the best overall proposition for a new investment
  
• Raise finance
  
• Obtain the best deal for you
  
• negotiate on level terms with another party irrespective of how knowledgeable or strong they are (whether a local Irish or international operator, local or major property developer,
  buy-in or buyout team, financial institution, etc.)
  
• Bring essential credibility to your proposal.

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Click here to request a copy of the Horwath Ireland and Northern Ireland Hotel Industry Survey 2008.

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