From investment decision to hotel performance.
We combine investment advice with hands-on operating experience—from feasibility and valuation to transactions, brand and operator selection, and asset management.
706 assignments · more than 200 years of combined team experience
We advise hotel investors and owners on projects, value, transactions and performance — grounded in real market data and hands-on operating experience.
Five hotel decisions we can help you test.
Each question links to the specialist service that addresses it.
Is this hotel project viable?
A feasibility study tests demand, the competitive set and the concept, then translates them into ADR, RevPAR, GOP and a stabilised year — before capital is committed.
02What is the hotel worth?
An independent valuation built on operating performance, NOI and comparable transactions — for financing, a sale, a purchase or any other ownership decision.
03Which brand and operating model fit the asset?
We shortlist the brands that fit the project and negotiate the commercial terms of franchise and management agreements — fees, guarantees, performance tests, owner control — then support the negotiations that follow.
04Is it time to buy, sell or bring in an investor?
We set a defensible price, prepare the transaction materials and diligence, and run the process through to closing.
05What is holding back the hotel’s performance?
We read RevPAR against the competitive set, the cost structure and GOP, the operator’s delivery and owner reporting — then set the priorities for change.
Hotel advisory across the full investment cycle.
Ten services in the order a hotel investment typically unfolds. Each leads to our approach, scope and the next practical step. Explore all services →
- 01 Hotel Market Reports & Research →
- 02 Hotel Feasibility Studies →
- 03 Hotel Valuations →
- 04 Operational Design Review →
- 05 Financing Support →
- 06 Brand & Operator Selection →
- 07 Hotel Transaction Advisory →
- 08 Hotel Asset Management →
- 09 Turnaround & Operational Management →
- 10 Operational Reviews & Recommendations →
Selected projects from our hotel work.
Case study
Mercure Szczyrk Resort
Case study
Hyatt Place Kraków
Case study
Hotel Verte, Warsaw, Autograph Collection
Case study
Royal Tulip Warsaw Apartments
Case study
Moxy Warsaw Praga
Case study
Crowne Plaza and Holiday Inn Express Warsaw Hub
Case study
Mövenpick Kołobrzeg
Case study
Radisson BLU Sopot
Case study
Centrum LIM / Hotel Marriott
What clients say about working with us.
In December 2020, we commissioned HPMG to perform an operational audit of the Słoneczny Zdrój Hotel Medical Spa & Wellness. The final report prepared for us was a detailed analysis that allowed us to look at our hotel and our operations from a different (…)
The decision comes first.
Experience that changes the perspective
We combine insight from more than 700 projects with hands-on hotel operating experience. This allows us to see the consequences of a decision both in the model and in the day-to-day operation of the hotel.
Discretion and timing
We treat confidentiality as part of the strategy, not a formality. The way we communicate and the timing of each step reflect the stage of the transaction, financing process or brand change.
Full commitment
Every project receives our full attention, whatever its scale. We work with its complete context and adapt when assumptions or priorities change.
Relationships in Poland and internationally
We work with Polish and international brands, operators, financing institutions and hotel-market specialists. Our relationships at home and abroad allow us to find the right solution wherever it best fits the project.
A recommendation that leads to action
We don’t stop at analysis. We set out the options, their consequences and the course of action that best fits the owner’s objectives.
An experienced boutique team.

Alex Kloszewski (MRICS)
Managing Partner

Guy Simmons
Partner | Chief Operating Officer

Magda Konaszewska
Partner | Vice President | Project Manager

Katarzyna Romanowska
Partner | Director of Hotel Operations

Patrick Kloszewski
Partner | Development Manager

Barbara Joanna Hackiewicz
Property Valuer | Financial Analyst

Monika Simmons
Operational & Financial Analyst
Reports grounded in market knowledge.
Annual market reports and current signals from our work in Poland and CEE.



