HotelStack
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Hotel asset intelligence · Built in Australia

Every EBITDA dollar is a multiple on the asset.

This is how the hotel is performing. This is where it needs to be. This is the gap, and these are the levers. HotelStack runs that loop with your operating partner, mark-to-market, every month — from the venue floor to the credit paper, with the provenance intact.

See the loopSit in the operator’s seat
The asset loopTHE STANHOPE · 220 KEYS · MODELLED
EBITDA · trailing 12 monthsRequired · $4.65m
$0.00mgap −$450k
Levers
× 15.0 at a 6.67% cap ratevalue gap −$6.75m
ICR · covenant 1.50×1.45×BREACH
LVR · cap 60%60.3%BREACH
IRR · underwritten 12.5%9.4%SHORT
RGI · comp set = 100104RELATIVE

Ahead of the comp set. Behind the covenants. Pull a lever.

MODELLED DATA — not a live hotel · cap rate and covenants are illustrative

The asset manager’s loop

Performing. Required. The gap. The levers.

A hotel is a dynamic real-estate investment. The asset manager’s job is to run this loop with the operating partner, mark-to-market, every month — because every EBITDA dollar to the bottom line is a multiple on the value of the asset. HotelStack is built around that loop.

  1. 1

    This is how the asset is performing

    Trailing EBITDA, built from the operating partner’s own numbers — captured once on the venue floor and carried up with provenance.

    ViP · AiP
  2. 2

    This is where it needs to be

    The EBITDA the debt covenants and the underwritten return actually require — not the comp set, not last year, not the budget.

    AiP
  3. 3

    This is the gap

    Signed headroom on every covenant, and the shortfall capitalised at the cap rate so it reads as asset value, not as a percentage.

    AiP
  4. 4

    These are the levers

    Rate, mix, roster, energy, fees — ranked by EBITDA effect and priced as value, each with an owner on the operating side.

    ViP · AiP

Three element families · what’s shipped and what isn’t

Property, debt, investor.

PropertyEBITDA

Every dollar to the bottom line × the multiple = asset value.

COMPUTES TODAY

  • GOP → NOI bridge: base and incentive management fees, FF&E reserve, fixed charges — shipped in ViP’s Scenario Studio and the fee-contract metric family.
  • Implied asset value at a configurable cap rate on annualised NOP, beside the external valuation — shipped in AiP.
  • Value at risk on any cost shock, with a value-bridge waterfall and a ranked lever table — shipped in ViP.

ROADMAP

  • A full below-GOP deductions upload so the EBITDA line is the owner’s, not the operator’s.
  • House-view penetration forecast (market forecast × your MPI/ARI view) — built, in preview behind a flag.
  • Four-method valuation with stabilised-year cap and transaction costs.
DebtICR & LVR

A fall in EBITDA that trips ICR or LVR is a default event, whatever the index says.

COMPUTES TODAY

  • ICR, LVR, DSCR, minimum-NOP and payout-ratio covenants per facility, with signed headroom — distance to breach, not just the breach.
  • LVR on implied, external or better-of valuation — the way a credit team actually reads it.
  • Headroom bands (safe / warning / breach) narrated in the Asset Boardroom, and moved by the same lever that moves the venue board.

ROADMAP

  • Forward covenant tests on the house-view forecast — the next twelve quarters, not just the trailing one.
  • Full amortising debt service in DSCR (interest-only is exact today; P&I is approximated).
InvestorIRR

The hold-period return is the value trajectory, read from the investor’s seat.

COMPUTES TODAY

  • NPV, IRR and multiple on underwriting cases — shipped in HiP’s greenfield engine.
  • Owner NOI on the valuers’ basis, derived from the same metric spine the venue runs on.

ROADMAP

  • Running equity IRR and multiple against underwriting, with a distributions ledger and waterfall state.
  • Value trajectory over the hold — a rolling DCF from each future year, so the sell-or-refinance moment is visible.
  • IRR at adopted value: buy your own number, see what it earns.

Nothing under “roadmap” is in the product today. We’d rather say so here than have you find out in a demo. Methodology follows the institutional house-view model: market forecast bought, macro sourced, the only opinion cells are the penetration indices and the yields.

The index correction

An index above 100 is relative. A covenant is absolute.

RGI, MPI, ARI — a penetration index says how you did against the comp set. It says nothing about whether the asset is making the EBITDA its debt and its investors need. A hotel can out-index its competitors and still be in default of its covenants. So performance here is judged against the required EBITDA, not the competitor — and the index is shown beside it, as context, never as the verdict.

The operating partner’s side of the loop.

The levers get pulled here. A modelled venue, the real interface ideas — drag the rate lever and watch the owner’s covenant strip and asset value move with it.

The Stanhope · MELBOURNEMODELLED DATA — NOT A LIVE VENUE
Occupancy91.4%+3.2 pts vs plan
ADR$286+$11 vs plan
RevPAR$261+5.1% vs plan
GOP vs plan+1.9%5 of 6 planned
WATCHF&B labour — 2 of 3 outlets show the same move
Stress-test tonight’s rateADR +$0
ICR headroom
1.56×
Asset value · at 15.0×+$0

One spine: the lever moves the venue board, the P&L, the covenant strip and the asset value together.

BoardroomCITED · CONFIDENCE-CAPPED

All data · All services · All systems · One place

From the temp probe in the food-safety fridge
to the boardroom table.

SENSOR
03:12 · FRIDGE 2 · 3.2°C · in range · logged

A food-safety probe most systems would bury in a CSV. Here it’s a first-class citizen of the same spine as revenue.

VENUE
POSPMSEVENTSSENSORSROSTERSSTR MARKETENERGY PRICES

It joins everything else the venue produces — one model of the business, not seven portals with seven logins.

INTELLIGENCE

Reviewing energy inputs — spot electricity up sharply on the snapshot; revisit peak-period kitchen and HVAC load.

The AI reads your venue, your environment and the economy around it — and prices the cost of doing nothing.

PORTFOLIO
1 property

The spine doesn’t change shape as you grow — the same exception logic that watched one fridge watches a whole estate: “3 of 4 properties show the same move on EBITDA.”

BOARDROOM
BOARD PACK · EBITDA VS REQUIRED −$450K · EVERY CLAIM CITED · traces to fridge 2, 03:12

And it lands on the boardroom table still holding its provenance. One place, every altitude.

Three lenses, one set of numbers

The operating partner, the market, and the owner —
reading the same spine.

OperateViPVenue Intelligence Platform

How the asset is performing — from the operating partner’s floor.

POS, bookings, tasks, kitchen, signage and sensors on one surface, so the EBITDA the owner reads is built from the numbers the venue runs on.

Invest · marketHiPHotel Intelligence Platform

Where the market lets the asset be — and what a new one would earn.

Live market comparables, geographic intelligence and greenfield underwriting with NPV, IRR and multiple, for the people deciding what to build and buy.

Invest · capitalAiPAsset Intelligence Platform

Where it needs to be, the gap, and the levers.

EBITDA against what the debt and the return require: covenant headroom, implied value at the cap rate, and the levers ranked by what they’re worth.

One day · One venue · Three lenses

03:00ViP

The night talks first

NA01 — Manager Report Net.pdfNIGHT AUDIT · EMAIL
RES01124 — breakfast forecast.pdfFORWARD
0 metricsyesterday’s actuals + tomorrow’s forecast, parsed from the PMS’s nightly email — no API, no re-keying

While the venue sleeps, the hotel PMS emails its night-audit PDFs. ViP reads them the moment they land — so the day starts already reconciled.

PERSISTED SNAPSHOT · GENERATED 06:00 · GROUNDED IN 4 OF 7 DOMAINS · EVERY CLAIM CITED

The Boardroom synthesises before the owner wakes — and it’s honest about its own footing: a dated snapshot with its confidence stated, not a mystery oracle.

✓Chef’s number: 50 breakfasts — 62 booked × the real show-up rate
✓Coolroom temps logged — all in range
✓Prep labels to kitchen 2 — use-by dates printed, initials locked to the signed-in chef
21.4°C58.3% RH460 luxCO₂ 640 ppmnodes · all up

The morning walk-through lives where the numbers live — the kitchen’s prep count, the checklists, and the floor sensors quietly agreeing.

BEPOZ BACK OFFICE · DAILY EXPORTbar $4,182 · bistro $6,940 · function $2,210
→ the POS speaks spreadsheet · ViP reads it anyway →
0covers
31.2%labour
$13.3ktakings

No POS API? No project. The export lands and lunch becomes governed metrics — the same spine the board will read tomorrow.

Occupancy0%
WATCHF&B labour — 2 of 3 outlets show the same move

Nobody was staring at a dashboard mid-service. The exception board was — and it flags the pattern across outlets, not just a number that moved.

RGI vs comp set100
ahead of the comp set — and an index is relative. The absolute line: EBITDA $4.20m against a required $4.65m, and that gap is what the covenants read
ICR headroom1.45× vs 1.50× covenant · −$450k EBITDA to cure
AiP NEVER RECOMPUTES VENUE NUMBERS — IT CONSUMES THEM, PROVENANCE INTACT

Next morning the owner’s pack opens on the same spine: the figure that ran the kitchen runs the credit paper.

MODELLED DATA — NOT A LIVE VENUE

A Boardroom in every product

An adviser that will tell you when you’re wrong.

Most AI assistants agree with you. HotelStack’s Boardroom is built the other way: an anti-sycophancy layer sits under every product and can’t be switched off by any of them.

  • Citations are enforced. Claims about your business carry their source — answers without evidence are blocked before they reach you.
  • Confidence is capped by source quality. The AI can’t assert more certainty than its evidence supports — a four-tier authority system decides, not the model’s mood.
  • Writes wait for a human. When the AI proposes a change, it lands as a pending action for a person to approve — and every action, approved or not, is logged.

Honest numbers

0metrics parsed from a single P&L uploadvalidated against real trading data
0live market snapshots across AU + NZrefreshed by automated collectors
0venues run on HotelStack every daywe are our own anchor customer
0of AI actions written to an audit logappend-only, actor and outcome recorded

No inflated logos, no invented uptime badge. HotelStack runs real venues — including our own — and the numbers above are the ones we can stand behind.

Beyond the three lenses

Marquee

Live

The website builder that keeps the vibe and drops the cage — venue sites on your own domain, SEO-linted before anything publishes.

Marketing Studio

Live beta

Brief in, campaign creative out — every format of a display set from one generation, with the spend shown before you click.

Boardroom

Live in ViP & AiP

The accountable-adviser layer — live as the owner’s canvas in ViP and the asset boardroom in AiP.

Events

In design

Selling the space is the next pillar. In design now — we’ll ship it when it’s good enough to run our own events on.

HOSTED IN SYDNEY (AU)TENANT-ISOLATED ON EVERY PATHAI NEVER TOUCHES THE DATABASE DIRECTLYAI WRITES NEED HUMAN APPROVAL
The full picture, stated plainly →

See the loop on your asset.

Bring one month of trading, your facility terms and your cap rate. We’ll show you where the asset is, where it needs to be, the gap in dollars of value, and the levers — on your numbers.

Talk to us