Product scope
What it covers today
PATL does one asset class properly rather than four badly. This page says exactly where the edge is, so you can tell before signing up whether your deal is on the right side of it.
In scope
- ✓Existing hotels, select service or full. An operating property you are acquiring.
- ✓Single asset, fee simple or leasehold, ground lease or condo.
- ✓OM extraction with a field-by-field human review gate.
- ✓A five-year USALI operating statement, departmental and undistributed.
- ✓Food & beverage outlet by outlet, each with its own cost of sales, supplies, payroll and overhead.
- ✓Spa, retail, recreation and parking as operated departments, each on its own economics — a commission, a cost of goods, a fixed maintenance base, a lease.
- ✓Meeting and banquet space: room rental, banquet driven by the event calendar, AV in house or on commission, and a service charge with the payout shown.
- ✓A demand mix — transient, group and contract, each at its own rate — with the group calendar and the rooms book checked against each other.
- ✓Debt sized against LTV, DSCR and debt yield, with the binding test named.
- ✓Position-level staffing with itemised payroll burden, driving the P&L or reported beside it.
- ✓Franchise fees from filed FDDs, not typed in by hand.
- ✓CapEx and PIP scheduling, stress scenarios, price targets, climate and insurance exposure.
- ✓STR match, comps and market benchmarks, plus a projection built from ten years of monthly actuals.
- ✓Live Excel and a lender or investor PDF package.
- ✓Underwriting portfolios. Group several of your own deals and see combined NOI and a levered IRR solved over the combined cash flow, standalone or under one shared, cross-collateralized facility sized against the combined NOI and allocated across members.
Not yet
- –Ground-up development. Construction budget, draw schedule and lease-up. The path is in the product, disabled.
- –A blended or staggered exit across a portfolio. Disposition against a shared facility, and portfolio-level shared costs.
- –Other asset classes. Storage and residential are on the Operator plan's roadmap, not in the engine today.
- –Waterfalls and fund modelling. Promote structures, LP reporting and an investor CRM sit on the Fund plan.
- –Accounting. No general ledger, no AP, no property management system.
What it is not, at any tier
PATL produces underwriting models. It is not an appraisal or a valuation opinion, not investment advice, not a brokerage, and not a substitute for your own diligence. The assumptions belong to whoever entered them; what the software guarantees is that the arithmetic on top of them is consistent, reproducible and traceable back to its source.
It also does not decide anything for you. The extracted figures reach the model only after a person approves them, and the model can be overridden anywhere it is wrong.
Where the line moves next
Direction, not dated promises. The order is set by what customers hit first. Full service is in the product now — outlets, a spa, meeting and banquet space, a demand mix, and a roster that has words for the people who staff them. The two paths still disabled in the deal wizard, new build and portfolio, are the two that get built out next.
If your deals sit on the wrong side of a line above, that is worth telling us: get in touch. It is the most useful thing we can be told.
Trying it costs nothing and needs no card. The free tier runs one live deal through the whole engine, including the PDF package, so the fastest way to test whether the scope above fits your work is to put a real OM through it.