Curved glass roof

Hotels, Leisure and Tourism

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

Building your future

The hospitality, tourism and leisure industry accounts for 10% of the UK’s GDP, and so has long been an indicator of the economy’s health. Faced with numerous unprecedented challenges, those who operate in this sector now look to adapt their business to accommodate the new social norms. Business models need to be agile to prepare for future challenges.

Our specialists are passionate about the industry and focused on your future. Horwath HTL, a global leader in hospitality, tourism and leisure consulting, became a business unit of Crowe UK in 2021. This further strengthened our credentials in the sector, enabling us to service every aspect of hotel real estate, tourism and leisure development, whatever your business’s needs, wherever you operate.

Clients choose us for our deep specialist industry knowledge and impartial expert advice that helps them to make smart decisions that have lasting value.

We are at the forefront of industry events such as MIPIM, Berlin Hotel Conference and write for key property titles to ensure your voice is heard in the mainstream press.

Supporting your business
Audit and Assurance
Tax
International services
Advisory
Audit and Assurance
  • Statutory audits
  • Reporting accountants
  • Royalty audits
  • Financial due diligence
  • IFRS conversions
  • Management accounts
  • Internal audit
Tax
  • 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 services
  • International tax structuring
  • Statutory compliance
  • International Social Security
  • Employer and employee tax compliance 
Advisory
  • Shareholder and Director advisory
  • Forensic and fraud investigations
  • Business plans
  • Financial modelling
  • Valuations
  • Exit planning
  • IPO listing

Horwath HTL UK

Horwath HTL UK, a business unit of Crowe UK, is the world’s largest and most experienced hospitality consulting brand. We offer consultancy services exclusively to those operating in hospitality, tourism and leisure to support your business with:

  • hospitality investment planning and strategy
    • market research and feasibility analysis
    • group development and expansion strategyHorwath HTL logo
    • asset management
  • transaction advisory
    • due diligence
    • acquisition and disposal support
    • management and brand contract negotiation
  • expert witness and litigation support.

Horwath HTL is part of the Crowe Global Network and has 49 offices in 39 countries, who have successfully carried out over 30,000 assignments for public and private clients.

Horwath HTL UK

Case studies

Providing an international resource

A global chain required assistance to collect pension contributions for its senior executives in owner managed locations worldwide. We worked with the Rewards team and the Plan managers to establish the controls and end to end reporting required and now receive and process payments from over 200 hotels and 750 employees every month. 

Ownership structure
Undertaking a review of an international group’s property ownership structure including implementing a split of property ownership and hotel operations, and advising on changes to improve tax efficiency.
Capital expenditure

Reviewing capital expenditure on the acquisition of new hotels and construction work in existing hotels to maximise capital allowances, including dealing with HMRC queries on the capital allowance claims. 

Maximising tax reliefs
A client with an extension and partial renovation to their existing hotel required assistance in determining what did and did not qualify for capital allowances. Their previous accountant claimed only £172,194 of qualifying expenditure on costs in excess of £10.8 million. With our knowledge and expertise we identified an additional £5.2 million that qualified for various tax reliefs.
Modifying tronc arrangements
A existing restaurant chain needed to change their tronc arrangements as a result of coming out of lockdown. We worked with them to review and refine their historic arrangements to reflect the new business model. At the same time, this allowed for a more transparent, fair and flexible split of service charge/tips amongst the restaurant teams. At the same time this assisted with motivation, customer service, recruitment and retention.
New start up
A new start up restaurant contacted us having read and been impressed with our credentials in the hospitality sector. They were seeking some guidance and direction, as both directors had not worked in hospitality management before. We provided some broad general advice on employment taxes matters that gave them a suitable starting point to the engagement of employees. We did not charge for this work as the advice was high level and we wanted to reflect our desire to invest time with such a new business. The directors expressed their gratitude and confirmed they would come back to Crowe to engage as a client for further tax advice.

Insights and news

Hotel owners and operators broaden product offerings, reduce head-count and optimise efficiency to build-in long-term resilience.
Our guide explains how to invest, hold and dispose of UK real estate as efficiently as possible.
Budget outlook for property sees short term and medium term stimulation, but long term view still needed.
Get ready for residential property tax reviews before 5 April.
Hotel owners and operators broaden product offerings, reduce head-count and optimise efficiency to build-in long-term resilience.
Our guide explains how to invest, hold and dispose of UK real estate as efficiently as possible.
Budget outlook for property sees short term and medium term stimulation, but long term view still needed.
Get ready for residential property tax reviews before 5 April.

Contact us

Caroline Fleet
Caroline Fleet
Partner, Head of Real Estate
London