A creative and an authentic win-win solution
specialist in the field of hotel & mixed-use real estate
Our mission is to make the world a better place through the introduction of universally beneficial, win-win solutions in the field of hotel and mixed use real estate.
We firmly believe that the highest possible return, security and long term viability of any real estate investment is best achieved through solutions which benefit the most. The mantra is easy - the more the beneficiaries, the more solid your investment.
While we have a great understanding of the cookie cutting approach, we prefer to employ creative, outside the box thinking. This allows us to identify sustainable collaborative advantages for each project which are often a key to assure its potential and long term viability. It also leads to maximization of the outcome for our clients which is one of the primary goals of why we are in business.
Our main focus is directed towards projects that have the potential to be beneficial for all - the society, the environment, the animal and the plant kingdom alike.
Michal is a founder and the key consultant of the Happy Days Hospitality. Michal carries out the majority of the work directly himself, whilst cooperating on individual sections related to other asset classes with his long term contacts from the real estate industry.
He has over 15 years of experience in the corporate real estate sector with a specialization in the hospitality sector in the CEE region since 2010. In terms of hospitality operations, Michal possesses almost 10 years of cross-departmental experience from various kinds of operations ranging from mid size city hotels through to beach resorts
and high-end marinas throughout the world (Slovak Republic, Czech Republic, USA, UK, Spain).
Michal’s personal hotel real estate experience ranges from individual and portfolio valuations, through feasibility and concept studies, to investment transactions. He has also been personally involved in numerous repositioning, asset management and commercial due diligence instructions throughout Europe.
Michal is a graduate of the Hotel Management program from Hotelová Akadémia in Košice, Slovak Republic. In addition to the above, Michal has undertaken several sales and management development courses throughout his international career within hospitality operations.
We provide comprehensive advisory services in the field of Hotel and
Mixed use real estate. We have no geographical restrictions and our core service lines are:
Identification, analysis and negotiation of hotel investment opportunities which meet your criteria. The scope of work can vary from simple introduction through to acquisition due diligence and detailed negotiations of the entire transaction.
Advising on the most relevant and feasible concept for your hotel or mixed use project. We employ a creative approach whilst keeping an eye on your overall vision. The scope of services can range from the rule of thumb feasibility of your existing idea through to identification of the best fit conventional concept to creation of an entirely new concept for your project.
Securing equity partners for projects which we find feasible and are in line with our Mission Statement. We are strong advocates of low leverage as it provides much greater flexibility to owners while protecting their investment during difficult markets.
Advising on the most appropriate operating structure, securing the most appropriate franchisor and/or operator and negotiating the best possible conditions of cooperation. We always keep in mind sustainability of the cooperation, long term viability of your project and your exit options.
Assuring your investment is well protected and your outcome maximized. We continually monitor your operators performance, budgeting and Capex planning. Our reporting format includes suggestions for improvements in terms of both performance and market value of your asset. Assets may range from existing internationally operated assets to mismanaged properties in a need of thorough repositioning.
Advising on the best achievable price and form of marketing for your asset. We diligently prepare your asset for sale and make sure your team is well prepared for the staged release of the confidential information. This is often vital for maximizing your outcome and limiting your risks related to price reduction at an advanced stage of the negotiation or even disintegration of the entire transaction.
Remuneration for our work is set as a combination of a fixed and a success fee (when applicable). In case of transactions the entire fixed fee is fully deductible from the incentive fee upon closing. We also provide consultancy on hourly basis, starting from EUR 35/hour.
Michal Kušnier
Principal
Happy Days Hospitality, s.r.o.
Korunní 2569/108
101 00 Praha
