USALI
A proforma a hotel person recognises
Rooms, F&B and other operated departments carry their own margins, and undistributed expenses sit where the standard puts them.
For hotel owners, operators and their lenders
Every hotel deal, start to close, on one record.
Hotel underwriting in about ten minutes, and it is still there at disposition.
- One live deal free, no card needed
- Every number traced back to its page
The founder underwrote at
Where we underwrote before · not an endorsement
Step one
Upload the offering memorandum.
PATL reads it, pulls the T-12, the STR report and the rent roll, and shows every figure beside the page it came from. Nothing extracted is trusted until a person approves it. That gate is not a preference setting.
Step two
It seeds every phase of underwriting.
Operations, debt, capex, stress and returns are all populated from the same read, so every phase of the underwrite is there to open rather than there to build. The engine is deterministic: rerun it and the number does not move.
Step three
One record, LOI to disposition.
The broker package, the credit memo and the variance report are views of the same run rather than copies of it. The lender and the committee read the record you built, not a rebuild of it.
The number people argue about
Three tests run. The smallest one sets the loan.
Most models solve the tests one at a time and report a number without saying which constraint produced it. PATL runs all three and names the binding one, so the conversation with the lender starts where it should.
How the engine works →
Loan sizing
Three tests run, the smallest one sets the loan, and the model reports which.
LTV test · 65% of $14.0M
$9.10M
Debt yield test · 10.0%
$8.05M
DSCR test · 1.40xBinds
$7.32M
Loan proceeds$7.32M
Equity required$8.16M
Deterministic · rerun returns the same number
What is in the engine
Built for how hotels actually make money
Franchise
Brand fees at the real rate
Royalty is the small part. Marketing, loyalty and reservation fees come from a maintained database rather than a rule of thumb.
Debt
Three tests, and which one binds
LTV, debt yield and DSCR solved together, with the constraint named on the output rather than left for you to work out.
Stress
Fifteen scenarios, each one scored
RevPAR, expense and rate shocks run against coverage and equity, scored pass, warn or fail.
Exports
A live Excel model and a PDF packet
Two files your counterparty already knows how to read, both generated from the run rather than maintained beside it.
Provenance
Every number traced to its page
Each extracted figure keeps a link to the document and page it came from, and to the person who approved it.
Where to next
Read the detail, or open a deal and see for yourself.
Bring your worst offering memorandum.
One live deal is free and no card is needed. If the model reads it wrong, the fix goes in the engine, which is the part a support queue cannot do.