Recap of Presidente Intercontinental Hotels

While at DTZ Rockwood, Gabriel worked on the recapitalization of Presidente Intercontinental Hotels at the entity level.  Presidente sought USD $100 M of equity to fund renovation projects, expansions, and retire short-term debt, in exchange for a minority ownership interest in the company.  The company's portfolio was comprised of seven full-service InterContinental hotels totaling 2,500 rooms located in target markets throughout Mexico.  Gabriel provided advisory work, prepared market studies and a portfolio valuation.

 

Presidente Cancun.jpeg

cancun

Year built: 1973

Number of rooms: 299

Presidente Polanco.jpg

mexico city

Year built: 1977

Number of Rooms: 659

Presidente Puerto Vallarta.jpg

Puerto vallarta

Year built: 1987

Number of rooms: 120