ACE HOTEL – Sydney, New South Wales
Client:
Golden Age GroupYears of Engagement:
January 2022 - CurrentAsset:
Hotel Operator: AtelierBrand: Ace
Number of Rooms: 257 guest rooms and suites
Function/Meeting space: Circa 250m2
Hotel Amenities: Hotel All Day Dining, Rooftop Restaurant and Bar, Hotel Lobby Bar, Ace Branded Merchandise
Details of Engagement:
Specific Hotel investment and operational expertise to complement owner-company skillsAsset Management
Outcome of Engagement:
Established local brand reputation through a successful launch.Achieve RevPAR and deliver on owner’s investment returns.
Provided independent advice and financial modelling to inform the Hotel valuation, which ultimately supported strong valuation, underwriting project finance.
