Hospitality Services

Reznick Group draws on our experience in the commercial real estate industry to help hotel and resort owners, operators, investors and developers with a variety of complex issues related to their property assets such as hotels and resorts acquisitions and transactions, audits and internal controls, tax compliance and property valuations. We provide hospitality accounting services to clients involved in the development, ownership and operation of hotel and resort properties including REITs, real estate private equity funds, pension funds investing in real estate, privately held ownership groups and diverse real estate companies with hotel properties in their portfolios. We also serve clients representing the major flags as well as independent, boutique hotels, resorts and golf courses.

Our clients look to us to provide audit, tax advisory, internal controls and special projects / consulting. We can often provide them with value-added services such as cost segregation studies designed to help hotel and resort owners maximize the financial benefits of their properties. When engaged to do so, we also help leverage opportunities, such as those presented by historic or new markets tax credits, to help clients properly assess and maximize their investments in property development.

Services

Accounting

  • Audit services
  • Internal control reviews
  • Agreed upon procedures
  • Sarbanes-Oxley Act Section 404 compliance
  • Lease audit and administration
  • Acquisition audits under Section 305 for SEC registrants
  • Fair value analysis and consulting

Tax

  • State and local tax
  • Tax consulting and compliance
  • Tax return preparation
  • REIT due diligence

Business Advisory

  • Transaction structuring
  • Cost segregation studies
  • Capital markets
  • Valuations and appraisal
  • Litigation support
  • Accounting and tax outsourcing