Prescott has a specialized practice in providing investment banking services in the lodging and leisure industries to hotel and resort owners and operators on a global basis. Prescott’s senior principals have extensive experience in working with hospitality companies and investors and have close longstanding relationships with major industry participants.
Prescott’s work in the hospitality sector is primarily concentrated on assets, portfolios and operating entities that can benefit from a thorough understanding of hotel operations, the application of sophisticated financing techniques and broad access to global sources of capital. Prescott’s hospitality activities are international in scope. The firm advises hotel and resort owners and operators on asset acquisitions and dispositions; acts as advisor and financial intermediary in raising capital for hotel and resort properties in North and South America, Bermuda, the Caribbean, the U.K., Europe, Asia and the Pacific, and the Middle East; and provides strategic investment, capitalization, and operating advice to institutional and corporate investors regarding hospitality properties and portfolios.