Construction and development of a hotel project
Consulting
Government support programmes
Government support for a hotel project: the full cycle from assessment to reporting
We prepare the project, manage the application and, after funding is received, help you meet the contract terms and report. One partner at every stage.
Does this sound familiar?
What we take on:
Four steps - from the question to the report
Initial consultation
You describe the project, and we name the applicable support measures, the key risks and the scope of further work.
Project preparation
Concept, financial model, documents.
Submission and support through to a decision.
Reporting for the entire term of the support agreement.
You can engage us for the whole cycle or for a single stage: only preparation of the application, or only reporting on funding already received.
We look beyond the bank’s decision
Approval of the application does not end the work on the project. Errors in reporting or a breach of the contract terms can lead to penalties, a revision of the terms or a refusal of further financing. That is why we prepare the application with a view to what will have to be confirmed in a year and in three years.
We advise the way people who actually manage hotels work. We build the calculations on real operating figures, not on average market assumptions.
Support measures we work with
Preferential lending for the construction and renovation of hotels under the national project “Tourism and Hospitality”.
Regional programmes and subsidies for hotel projects. The list depends on the region.
Other support measures for infrastructure and investment projects
We will select the measures that apply to your project.
Limits of responsibility
The decision to provide financing is made by banks and authorised bodies. We do not guarantee approval. We are responsible for the quality of the project preparation, the soundness of the calculations, the completeness of the application and correct reporting after the funds are received.
If it becomes clear at the consultation that the project will not pass the selection, or that the economics do not work even with support, we will say so directly.
Frequently asked questions
Will our property qualify for a programme?
That depends on the programme parameters: scale, category, location, the status of the documents and the stage of the project. At the initial consultation we will give a preliminary assessment.
Can support be obtained for the renovation of an operating hotel?
Renovation is included among the measures, but the terms depend on the specific programme. We will check your case.
An application was already submitted and refused. What should we do?
We will analyse the reasons. The problem is often in the calculations, the structure of the project or the documents, and that can be corrected.
Funding has already been received. Can you join only for the reporting?
Yes. We will review the contract terms and the current reporting, find the weak points and take preparation of the reports on ourselves.
What happens if the programme terms are breached?
The consequences depend on the contract and the type of support. That is why it is important to identify the obligations in advance and set up control over how they are met.
Do you guarantee approval?
No. The decision is made by the bank and the authorised body. We guarantee correct preparation and an honest assessment of the risks.
Do we have to hand the hotel over to you for management?
No. Consulting does not oblige you to do that. If you want to discuss management, we can talk about it separately.
Shall we start with a question?
Describe the property: type, region, stage and size. We will tell you which support measures may apply and name the scope of work.