The hospitality and leisure sector faces its own modernisation challenges, driven by fast-changing consumer demands, rising operational costs, regulation and sustainability requirements, the impact of new tech-savvy market entrants, as well as a challenging financing backdrop.
Technology innovations have contributed to a rise in demand and service expectations across the adjacent industries. These include artificial intelligence-powered online reservations and customer support, contactless payments and services, and data analytics to convert first-time customers into returning guests. Where these innovations are harnessed to capitalise on new consumer preferences, they can galvanise disruptive new entrants to quickly capture market share. Thus, traditional business within the hospitality and leisure sector must be vigilant against risks to their performance if they fail to keep pace with trends, innovations, preferences and expectations.
Our team specialises in working with hospitality and leisure businesses, their supply chain and funders across the business and economic cycle. We can assist businesses with a diagnostic assessment that identifies viable cost reductions to address inefficiencies, achieve cash savings and optimise use of working capital to improve overall operational performance and cash flow generation. Businesses may also benefit from an independent assessment of their balance sheet to fine-tune business models, identify and overcome barriers to growth, and working capital requirements to optimise growth and investment ambitions.
BTG Advisory can support growth strategies, as well as plans to consolidate, refinance, sell or divest.
The Hospitality & Leisure sector has experienced the greatest shift in customer trends, and our Insights explore the market and how operators can adapt to survive and grow.
For more information on BTG Advisory, Contact us.
Deal Success
Working closely with the business to gain clarity on its commercial, operational and financial objectives, clearly understanding all challenges, our team delivers the right advice to achieve them
BTG Advisory's forensic accountants demonstrated their expertise, assisting the client and legal team with findings to achieve settlement
How we helped:
We see BTG Advisory as partners, not just advisers. They worked closely with our Management team to explore all options
How we helped:
This site uses cookies to monitor site performance and provide a mode responsive and personalised experience. You must agree to our use of certain cookies. For more information on how we use and manage cookies, please read our Privacy Policy.