Circular glass building

Hotels, Tourism and Leisure

Our experienced specialists draw on many years’ experience to help you achieve your strategic plans.

Crowe helps clients harness the long-term growth potential of the experience and visitor economies. By providing strategic advice and hands-on support across transactions, operations and transformation, we empower investors and operators to unlock value and build resilient, future-ready businesses. 


The hospitality, tourism and leisure sector remains a vital contributor to the UK economy and a key focus for global investors. As the industry navigates shifting consumer expectations, sustainability pressures and digital transformation, businesses must be equipped with the right insights and partners to adapt and grow.

At Crowe, powered by the global reach of Horwath HTL, we deliver strategic, independent advice across the full transaction and operational lifecycle. From M&A due diligence and commercial strategy to operational improvement and transformation design, we help clients unlock value and drive performance. Our approach is grounded in deep sector knowledge, rigorous analysis and a commitment to implementation, not just recommendations.

We combine the global connectivity of Horwath HTL’s international network with the multidisciplinary strength of Crowe’s real estate, tax, corporate finance and valuation teams. This integrated model allows us to support clients through market entry, capital deployment, asset repositioning and operational transformation, delivering value at every stage of the investment lifecycle. Whether advising on a single asset or a multi-jurisdictional portfolio, we provide clarity and confidence at every step.

With a strong presence at leading industry events such as MIPIM and the International Hospitality Investment Forum, we ensure our clients are connected, informed and positioned for long-term success. Our clients include private equity investors, institutional funds, developers, operators and brand platforms, each benefiting from our ability to combine strategic insight with hands-on delivery. 

Global leaders in hospitality, tourism and leisure consulting
Keep up-to-date with Horwath HTL reports and latest publications.

Crowe UK

How we can support your business

  • Statutory audits
  • Reporting accountants
  • Royalty audits
  • Financial due diligence
  • IFRS conversions
  • Management accounts
  • Internal audit

  • Tax Structuring
  • Stamp Duty Land Tax (SDLT)
  • Capital Gains Tax (CGT)
  • Capital allowances
  • Inheritance Tax
  • VAT structuring
  • Tax due diligence
  • Employment Tax
  • Statutory compliance
  • Transfer pricing reviews
  • Research and Development Tax Credits

  • International tax structuring
  • Statutory compliance
  • International Social Security
  • Employer and employee tax compliance 

  • Shareholder and Director advisory
  • Forensic and fraud investigations
  • Business plans
  • Financial modelling
  • Valuations
  • Exit planning
  • IPO listing
  • Accounting and bookkeeping
  • Cloud accounting
  • Payroll and HR
  • AML 
  • Cyber crime protection
  • Fraud investigations
  • Forensic accounting

Horwath HTL UK

How we can support you


diverse people having meeting

M&A due diligence and integration

In the hotels, tourism and leisure sector, mergers and acquisitions success hinges on more than execution; it demands deep sector insight and a clear integration strategy. At Crowe, powered by Horwath HTL UK, we deliver tailored, independent support across the full transactional lifecycle.

Our buy and sell-side services combine commercial, operational and financial due diligence. We evaluate market position, brand strength, revenue, cost structures and leadership to give a clear, holistic view of each opportunity. For sellers, we identify value drivers, mitigating risks and craft compelling investment cases.

Post-deal, we guide integration, aligning people, systems, and processes to unlock value early. Whether acquiring a single hotel, divesting a leisure portfolio, or integrating a global brand, we bring clarity, rigour and sector expertise.

Our collaborative, data-led approach ensures our clients receive objective advice that drives confident decisions and long-term value.

Horwath HTL UK

Horwath HTL UK, a business unit of Crowe UK, is part of the world’s most established and globally recognised hospitality, tourism and leisure advisory network. We provide specialist consultancy services exclusively to clients operating across the hospitality, tourism and leisure sectors.

As part of the Crowe Global network, Horwath HTL spans 52 offices in 38 countries and has delivered over 30,000 successful assignments for both public and private sector clients worldwide.

The integration of Horwath HTL’s sector-specific expertise with Crowe’s multidisciplinary professional services platform enables us to support clients across the full investment and operational lifecycle. From strategic planning and valuation to M&A, transformation and financing, we deliver insight and execution for hospitality, tourism and leisure businesses in the UK and internationally.

Golden abstract building

The shifting fundamentals of the UK hotel market

Explore the evolving dynamics of the UK hotel market through eight key charts, providing insights for owners, operators, and investors.

Read more

city view

Lenders Pick the Winners in the UK Hotel Market

Based on lender discussions during a strategic review of a UK-wide hotel portfolio in the first half of 2025.

Read more

Modern offices

Smart exposure: optimising hotel market combinations for returns, stability and balance 

Navigating the evolving hospitality industry to find the best markets for hotel investment and operation.

Read more

Our latest thinking

loading gif
Office skyscraper with trees outside
Autumn Budget 2025: Impact on Real Estate
We have set out the key points the real estate sector needs to be aware of from the Autumn Budget 2025.
Companies and people talking in office
Autumn Budget: Companies and other businesses
The Budget offers little for growth, as complex capital allowances, higher dividend tax, NI hikes, and wage rises add pressure.
Wooden-houses-with-magnify-glass
Overage payments: are they always subject to VAT
HMRC has now published long-awaited confirmation of its policy on overage payments.
Office skyscraper with trees outside
Autumn Budget 2025: Impact on Real Estate
We have set out the key points the real estate sector needs to be aware of from the Autumn Budget 2025.
Companies and people talking in office
Autumn Budget: Companies and other businesses
The Budget offers little for growth, as complex capital allowances, higher dividend tax, NI hikes, and wage rises add pressure.
Wooden-houses-with-magnify-glass
Overage payments: are they always subject to VAT
HMRC has now published long-awaited confirmation of its policy on overage payments.

Contact us


Caroline Fleet
Caroline Fleet
Partner, Head of Real Estate
Joe Stather
Joe Stather
Managing Director, HTLLondon