Hospitality & leisure
The hospitality and leisure sector contains a rich tapestry of companies covering restaurants, travel and tourism, gaming and sports. Operators face a challenging environment where economic conditions and consumer tastes are constantly changing due to digital disruption, globalisation and competition. Our focus is on providing you with the solutions you need for operational resilience to help you thrive.
Our approach
Operators know all too well the challenges that exist in the hospitality and leisure sector. In order to thrive, they must navigate multiple obstacles, such as uncertain economic conditions, the ebb and flow of consumer demand, new legislation and technological change. On top of this, geopolitical events and pandemics pose significant risks that can have damaging consequences.
At Forvis Mazars, our hospitality and leisure specialists understand the issues that face this sector today. Our experts have extensive experience and will work with you to help you quickly respond to the developments and demands of a highly competitive and dynamic industry.
We work with a wide range of clients small and large, including:
- Restaurants bars and food services companies
- Hotels including large and listed groups, independent establishments and small, medium-sized and boutique hotels
- Travel agencies
- Sports clubs and associations
- Gym operators including private companies managing private and public facilities as well as hotel leisure gyms
- Leisure parks and gaming
Our team can provide you with the solutions you need to meet your long-term objectives. Each specialist takes pride in offering advice and guidance that not only helps you manage your organisation successfully, but also enables you to provide a high-quality customer experience. We adopt a pragmatic approach that ensures what we do is the right fit for your needs, whether it is to define your development strategy, find and secure investment, optimise your operations or restructure your business:
Define your strategy and align with market opportunities
Having the right strategy is vital to your business. We can help you define and position your products and services to meet customer demand, assess the feasibility of your projects and financial return potential. Whether you are establishing new businesses in growth markets or to disposing of non-strategic assets, we can ensure your success by providing financial advisory, legal and tax support, taking local specificities and regulations into account.
Secure your investments
Our experts can advise you on selecting investors and secure investment. We can also find the right financing solution for your projects, perform feasibility studies, evaluate assets, adapt the capital structure while helping you review contractual obligations.
Optimise your operations
We can support you improve your processes and internal controls to prevent fraud. We implement reporting systems in accordance with the standard USALI. We optimise your treasury management and review HR policies while providing financial, tax and IT audits. Our data analysts and technology experts can enhance your digital performance through reliable technology and data management so you can gain consumer insights and protect customer data. We can also support you obtain national or international labels and our sustainability team can help you define and implement your CSR strategy.