Engel & Völkers establishes Hotel Consulting GmbH
New company launched for consultancy and marketingrelating to hotel properties and operations
With its newly founded firm Engel & Völkers Hotel Consulting GmbH (EVHC), Engel & Völkers Investment Consulting GmbH (EVIC) now targets the attractive and dynamic hotel real estate market. Operational consultancy of hotels and assistance with complex transaction processes are amongst the firm’s core expertise. The objective of the hotel team formerly engaged at Ernst & Young is to pool the national and international hotel activities of the E&V network. Managing shareholders of EVHC are Andreas Ewald and Kai Wolfram.
Kai Enders, member of the Management Board, perceives immense potential within the new company: “EVHC is the consistent further development as contemplated by our long-term strategy and a perfect complement to the existing E&V network.” With its 360-degree consultancy approach, EVHC addresses hotel owners, investors in and operators of hotels. It is structured into two divisions, namelyTransactions and Consultancy. In the field of consultancy, clients are taken care of extensively in the subject areas of development, strategy and asset management.
Apart from the structuring of the sales process of hotel portfolios and hotel operating companies, the transaction business also comprises individual marketing of (partial) portfolios. “Like our parent company, Engel & Völkers Investment Consulting (EVIC),
we also rely on close cooperation with the global Engel & Völkers network – particularly when it comes to sales transactions,“ emphasises Andreas Ewald. On the other hand, the hotel team is available at all times with advice and assistance with regard to any questions arising at the shops and commercial offices about these special properties.
Specific orders have already been processed since the firm’s inception. At present, for instance, the team of six is preparing the transaction for some 120 hotels of a hotel chain operating throughout Europe and is also advising an institutional hotel owner with regard to current performance controlling of its hotel lessee.