AI Deal Analysis · Hotels · Condotels · North America & Europe

The AI underwriting desk for hotel and condotel investments.

Assets Compass is the deal-analysis platform asset management firms, hospitality private equity, family offices and REITs use to underwrite hotels, resorts, and hotel condominium (condotel) projects across North America and Europe. Every deal passes through five analytical layers and emerges with one defensible answer:"Acquire · Conditional Acquire · Further Due Diligence · Decline."

Sample · Decision Card

The Astoria Resort & Residences

Charleston, SC · 184 keys · 62 condo units

Score

87.4

IRR 10y

18.7%

DSCR

1.62x

Acquire

Strong RevPAR index, $4.8M PIP underwritten. Condo sell-out absorbs land basis; rental pool underwrites base-case DSCR above 1.5x.

Focus Asset Classes

Purpose-built for hospitality.

Hotels & Resorts

Full-service, select-service, resort, boutique, branded and independent. STR-report ingestion, RevPAR index, GOP/EBITDA flow-through, and franchise/PIP underwriting.

  • • Market & demand: ADR, occupancy, RevPAR penetration
  • • Franchise & PIP capital planning
  • • Debt structure, DSCR, refi and exit scenarios

Hotel Condominiums (Condotels)

Dual-track underwriting for sponsor and unit owner. Absorption pacing, rental-pool economics, HOA and reserve modeling, and split-title / entitlement pathways.

  • • Sell-out pro forma and residual sponsor economics
  • • Rental pool net yield to owners
  • • Regulatory, entitlement, and brand-manager alignment

Universal Acquisition Framework

Five layers. One answer.

Market

Weight 20%

Demand generators, STR comp set, supply pipeline.

Financials

Weight 30%

3–5y P&L, GOP, EBITDA, flow-through, NOI.

Asset Condition

Weight 20%

PCA, PIP, deferred maintenance, brand standards.

Legal

Weight 10%

Title, franchise, condo docs, HOA, entitlements.

Returns

Weight 20%

IRR, DSCR, cap rate, equity multiple, debt yield.

AI Document Ingestion

Upload. Extract. Underwrite.

Drop in STR reports, hotel P&L statements, franchise agreements, PIPs, PCAs, and condo offering plans. Assets Compass extracts occupancy, ADR, RevPAR, GOP, debt terms, CapEx, and condo absorption — automatically — into a structured underwriting model.

  • STR, PIP, and offering-plan extraction
  • AI-drafted investment committee memos
  • Documents never leave the staff perimeter

Hospitality Sub-Types

Where we go deep

Full-service hotel
Select-service hotel
Resort
Boutique / Independent
Branded flag
Hotel condo (condotel)
Mixed-use w/ hospitality
Adaptive reuse conversion

Built for asset managers · North America & Europe

An AI deal desk for hospitality investors.

Assets Compass is used by asset management firms, hospitality private equity, family offices, and REITs to screen and underwrite hotel, resort, and condotel opportunities across the United States, Canada, the United Kingdom, Ireland, Germany, France, Spain, Portugal, Italy, the Netherlands, and the Nordics. The framework normalizes for local franchise structures, condotel regulation, brand-manager economics, and lender norms — so cross-border pipelines get compared on the same basis.

North America

US · Canada · Mexico

Branded flag deals, resort acquisitions, and hotel condominium sell-outs — with STR comp sets and franchise / PIP capital planning built in.

Europe

UK · DACH · Southern Europe · Nordics

Boutique, branded and resort hotels, Mediterranean condotel programs, and mixed-use hospitality — underwritten to institutional euro / sterling debt norms.

For asset managers

Screen · Underwrite · Decide

Turn a data room into an IC-ready memo. Every deal exits with an Acquire, Conditional, Further DD, or Decline verdict and an auditable model.

FAQ

Hotel & hotel condo questions

What is a hotel condo (condotel)?

A hotel condominium — commonly called a condotel — is a hospitality asset where guest units are sold to individual investors and pooled into a professionally operated rental program. Assets Compass underwrites both the sponsor economics and the unit-owner net yield.

What does an institutional hotel feasibility study include?

Market and demand analysis, STR-based comp set, five-year pro forma with GOP and EBITDA flow-through, PIP and CapEx plan, franchise/brand alignment, debt structure and DSCR, and IRR / equity multiple across base, downside, and upside cases.

Which hospitality asset classes does Assets Compass cover?

Full-service, select-service, resort, boutique, independent, branded flag, hotel condo (condotel), and adaptive-reuse or mixed-use projects with a hospitality component.

Built for Evoques' hospitality practice.

An institutional-grade decision engine for hotels and hotel condos. Internal-only, with selective client visibility to the final report.