A Better Way to Underwrite Hotel Opportunities
Underwrite and Win More DealsThe HIT Model was built from the ground up to be the premier tool for evaluating hotel deals. The intuitive and flexible design make this the most important tool in the Hotel Investor Toolbox.
Community Edition
Open Source Under the MIT License- Modern Software Architecture
- Institutional-grade Model
- Monthly Cash Flow Model
- Input Wizard
- Automatic Debt Sizing
- Investment Summary Output
Productivity Pack
Upgraded to Enhance Your Productivity- All Community Edition Features
- Input Wizard Shortcuts
- Purchase Price Solver
- STAR Importer
- Bonus #1: QEW Importer
- Bonus #2: Partnership Waterfall
Custom Solution
Model Built to your Specifications- All Productivity Pack Features
- Branded Look and Feel
- Custom Input Wizard Pages
- VBA Scripts and Macros
- Custom Waterfalls
- Mixed-Use Projects
Functionality Right Out-of-the-Box
Purpose-Built for Underwriting Hotels
Hotels are a specialty asset class with particular financial modeling challenges. The HIT Model was built from the ground up with hotel investors in mind. Full hotel modeling functionality comes standard, including:
- USALI 11th Edition Operating Budgets
- STR Report Inputs and Penetration Analysis
- Fixed and Variable Budget Growth
Intuitive and Flexible Model
Adjustable Modern Software to Fit Your Organization
The HIT Model is built in Microsoft Excel and uses the latest software design principles to make your experience intuitive and hassle-free. Simply, input data into an easy-to-use wizard interface that feeds separate output and calculation worksheets. This modular architecture allows you to:
- “Bolt-on” Additional Analysis Worksheets
- Update In One Place for Impact Everywhere
- Customize the Base Model to Your Needs
Your Business is Our Specialty
The HIT Model was built to fit into your world!
Select Service Hotels
Full Service Hotels & Resorts
Automatic Debt sizing
Senior and Mezzanine Debt
Financial Projection Up to 11 Years
Monthly Cash Flow Model
Distributed Renovation Budget
Investment Summary Output
Your Business is Our Specialty
The HIT Model was built to fit into your world!
Select Service Hotels
Full Service Hotels & Resorts
Automatic Debt sizing
Senior and Mezzanine Debt
Financial Projection Up to 11 Years
Monthly Cash Flow Model
Distributed Renovation Budget
Investment Summary Output
Workflow First Design
Excel Model with an Institutional Look & Feel
Input Wizard Menu
The Input Wizard is organized to direct workflow from property to market and historical data and finally to building out the business plan.
Investment Summary Output
The Investment Summary worksheet is loaded with critical financial information and formatted for sharing with an Investment Committee or external parties.
Historical Financial Statement Input
All financial statements are in formatted with the latest USALI standard. This allows quick entry from seller-provided financial statements and easy integration into modern accounting and PMS systems.
Pro Forma Operating Budget Input
Pro forma operating budget is built using growth rates on historical data. Each line item is separated its fixed and variable components to allow for occupancy fluctuation throughout the investment period.
Operating Budget Output
The output sheets are linked to inputs and descriptive statistics are added to be ready for sharing with an Investment Committee or external parties.
Comp Set Input
The competitive set inputs are designed to streamline data input from industry-standard STAR Reports. Comparative data is added for benchmarking the subject against the set.
Comp Set Output
The output sheets are linked to inputs and descriptive statistics are added to be ready for sharing with an Investment Committee or external parties.
Capital Input
Sources, uses, and investment returns are at the forefront. Closing costs are separated into expenses and balance sheet primers to clarify how much cash you need to bring to the closing table.
Renovation Budget Input
Allocate your renovation budget according to the brand-mandated PIP or any other accounting standard. Everything rolls up to a single number that is spread over a construction bell-curve in the model.
Refinance & Sale Input
Determine refinance proceeds using important credit metrics based on projected operating performance, or just replace existing debt. Sale proceeds are based on cap rate with various descriptive stastics to guide your assumptions.
Feature Rich Complete Solution
Own Your Projections
Every investor and every deal is different. The HIT Model offers a complete underwriting workflow with multiple capitalization options and real-life cash flow modeling in a fully unlocked Excel file to share with employees and investors. This powerful, feature rich tool has the strength to model even your most complicated deals right out of the box.
Complete Workflow
Start to finish underwriting solution for detailed, annotated, institutional-quality financial models
Capitalization Options
Flexible debt and equity models are fully built out and ready to be customized for your deal
mONTHLY cASH fLOWS
Monthly cash flow projections to reflect seasonality and real-life cash management needs
fULLY uNLOCKED
Use the HIT Model as the base for modeling your strategy to share with employees and investors
Focus On Your Core Business
Make Time for the Perfect Guest Experience
Every hotel investor knows how important it is to wow your guest. The value of your hotel is directly tied to your ability to fill rooms and provide an unrivaled guest experience. You do that through attention to details and empowering an exceptional staff with the right tools to do their job effectively. We’ll take care of the underwriting tools, you focus on what will create value for your guests, employees, and investors.