Exhibitor Spotlight: Hotel Investment Fund

Exhibitor Spotlight
Hotel Investment Fund

Join us at Stand C11

IHF Showtel 2024 Trade Exhibition, February 26th & 27th | Slieve Russell Hotel, Co. Cavan. Exclusively for representatives and owners of hotels & guesthouses.

Register for your Complimentary Showtel Pass HERE.

Hotel Investment Fund

Exhibitor Profile

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What is the Hotel Investment Fund?

The Hotel Investment Fund (HIF) was established to provide financial support to Irish Hotels which have been adversely affected by the Covid-19 pandemic.

The fund provides hotel owners with gap-funding over the medium term (3-year investment) to allow their business to recover and grow post-Covid.

The HIF provides a 3-year preference equity investment (subordinated to senior/bank debt), with no interest payable until redemption at the end of the term.

Fund Overview

A €50m fund managed by Pembroke Hospitality and BVP Investments with funding provided by the Ireland Strategic Investment Fund (ISIF).

The funding can be used for:

• Working capital and cash flow funding;
• Capital expenditure;
• Green and environmentally sustainable investment funding.

The HIF can invest up to €5m to a single hotel/group with a minimum investment of €500k.

Competitive interest rate reflecting the nature of the unsecured investment.

Investment Criteria

• Hotels located in the Republic of Ireland with a minimum of 25-bedrooms and 3-star grading.
• Businesses must have been financially viable and covenant compliant pre-pandemic.
• LTV and EBITDA assessment based on pre-pandemic levels.
• A viable Recovery/Business plan to be agreed with HIF demonstrating the ability of the business to repay the funds at the end of the investment term.

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Contact us today

Mark Lynch

  086 240 5675
  Mark.Lynch@HIFIreland.ie
Web  www.HIFIreland.ie