Hospitality

Investment Advisory For Hotels & Hospitality

OVERVIEW

Macallan Capital Partners provides comprehensive investment banking and advisory services for hospitality projects. Our team brings decades of experience in structuring capital solutions tailored to the unique requirements of this asset class.

Whether you are seeking debt financing, equity partnerships, or strategic advisory, we leverage our deep industry relationships and market expertise to deliver optimal outcomes for our clients.

Market Opportunity

The U.S. hospitality sector has demonstrated remarkable post-pandemic recovery, with travel demand surging to record levels across both leisure and business segments. Revenue per available room (RevPAR) has exceeded pre-pandemic benchmarks in most major markets, while limited new supply in many submarkets has created favorable pricing dynamics for existing hotel owners and developers positioned to capitalize on sustained demand growth.

$250B+
Annual U.S. Hotel Revenue
66%+
National Occupancy Rate
$160+
Average Daily Rate
8–12%
Value-Add Return Targets

Property Types We Finance

Select-Service & Extended-Stay

Flagged and independent select-service hotels catering to business travelers and extended-stay guests. These assets offer attractive operating margins with lower staffing requirements and consistent demand from corporate accounts and project-based travelers.

Full-Service & Resort

Full-service hotels, boutique properties, and destination resorts offering comprehensive amenities including food and beverage, meeting space, and recreational facilities. Higher RevPAR and group business drive premium valuations.

Lifestyle & Boutique

Independent and soft-branded lifestyle hotels in urban and resort markets that emphasize design, local culture, and experiential programming. Strong appeal to millennial and Gen-Z travelers commanding premium rate positioning.

Conversion & Adaptive Reuse

Repositioning of underperforming hotels and conversion of office, retail, or industrial properties into hospitality uses. These value-add strategies can deliver outsized returns in markets with strong demand but limited greenfield development sites.

Typical Deal Structure

Debt Placement

  • CMBS and balance sheet loans for stabilized flagged hotels with proven operating history
  • Bridge financing for acquisitions, PIP renovations, and brand conversions
  • Construction loans for ground-up hotel development and resort projects
  • SBA 504 and 7(a) loans for owner-operator hospitality investments

Equity & Joint Ventures

  • Institutional equity for portfolio acquisitions and platform-level investments
  • Value-add equity for renovation, repositioning, and reflagging strategies
  • Development equity for ground-up select-service and lifestyle projects
  • Key money and management company partnerships for brand affiliations

The Macallan Approach

  • Revenue-Driven Underwriting

    We analyze hospitality assets through a revenue management lens — evaluating STR data, market segmentation, booking channel mix, and competitive set performance to build accurate cash flow projections and identify upside.

  • Operator & Brand Evaluation

    Management quality is the single most important determinant of hotel performance. We assess operator track records, franchise relationships, and management contract terms to ensure alignment between capital and operations.

  • Cycle-Aware Capital Structuring

    Hospitality is inherently cyclical. We structure capital solutions with appropriate reserves, flexible terms, and conservative leverage to protect investors through market volatility while capturing upside during recovery periods.

  • Renovation & Repositioning Advisory

    From PIP compliance to full-scale lifestyle conversions, we guide clients through capital improvement programs that maximize ROI, improve guest satisfaction scores, and drive sustainable RevPAR growth.

Ready to discuss your hospitality project?