top of page


+371 29122748


Transform | Reinvent| Restructure


The re-opening of hotels is like the opening of a new hotel

It will require from you strong project management skills and additional resources

We are here to help you with our expertise! 

Transform Reinvent Restructure Hotel

Advisory to hotel owners and operators to prepare for the new normal 

Managing cashflow

Preparing forecasts

Controlling the budget

Create winning reopening vision

Cost control

Protect returns and asset value

Buy sell develop hotel in Riga
Real estate transactions & Asset Management

Investor search & selection

Operational Reviews

Commercial Due Diligence 

Business Assessment

Business Plan Review

Performance Monitoring

Asset Management for owner/ investor

Buy sell develop hotel in Riga
Development & Project Management

​​Portfolio Reviews & Advice

Value Optimisation & Exit Planning Advice

Development & Planning Advice

Development & Planning FULL operational support

Acquisition Due Diligence

Research & Data Analytics 

Business Support & Information

Buy sell develop hotels in Riga

Feasibility Studies & Options Analysis

Business valuations

Business plans and business models

"Head-hunting" for management positions

Hiring and training of hospitality staff

Consultancy & business valuation

ABOUT US is a leading hospitality consultancy in Latvia, specializing in innovative investments in the hospitality business, asset management, growth and performance, marketing, branding, design and concept development. 

We work alongside investors and senior executives of some of the most successful investment and hospitality companies to visualize, plan, realize and implement innovative projects and ideas.


Aigars Gerhards

Member of the Board



Aigars Gerhards works in the field of hospitality since 2000. 
He led and participated in several successful hospitality businesses building in Riga and Tallinn, was six hotels, one conference centre, two restaurants and three SPA opening teams member. In 2015 he set up his own company "".
Aigars is hospitality professional addicted to high- standard service with experience in all hotel's divisions and managing of hotels in Riga (Latvia) and Tallinn (Estonia), experience with staff recruiting, talent developing and budget planning/ execution.

: Business development and asset management, team development, revenue management, sales and marketing, budget planning and cost control.





Feasibility study and financial modeling for a luxury development project | ONGOING

Kurzeme region, Latvia



Multi-functional project development (commercial real estate, circa 100'000 sqm.)| ONGOING

Riga, Latvia 


Feasibility study and best-use scenarios for a manor | ONGOING

Kurzeme region, Latvia

Full support on the purchase process of the hotel (legal, technical, and environmental due diligence; valuation and business plan; the credit for the purchase)

Riga, Latvia

HR processes re-organization project- increase the effectiveness of the personnel management system for one of the biggest hotel groups in Ukraine

Kyiv, Odesa, Ukraine

Business model and business plan development for Riga Transport Hub Hotel | ONGOING

99 rooms hotel with bars and restaurants Riga, Latvia 

Advising on business development for a mixed-use property (circa 3500m2 development) 

Riga, Latvia

Financial modeling and calculations for a development project for a luxury Golf property (hotel's part)

Riga, Jūrmala, Latvia

Several head-hunting and recruitment projects to recruit the best professionals for different positions

Development project for 5* luxury property (opening phase)

Riga, Latvia

Advising on business development for one of the biggest short-term apartment rent operators | ONGOING

Riga, Latvia

Business development and new partner search in Latvia, the Baltic states, and Europe for the hotel operator 

Operational and case analysis for a large hotel

Vienna, Austria 

Operational and case analysis for a 100+ room hotel and subsequent case monitoring

Vilnius, Lithuania

Feasibility study (hotel's part) for the development of the first international chain hotel in Liepāja

Liepaja, Latvia

Advisory on entering the Latvian market for student housing operator

Riga, Latvia

Financial modeling and calculations for a development project for a luxury hotel with SPA and conference facilities on three potential land plots

Jūrmala, Latvia


Due-diligence of operations and management audit of the hotel (76 rooms). Result- franchise agreement with an international chain

Business plan for a mixed-use property with a hotel, SPA and conference facilities

Jūrmala, Latvia

Business model and business plan development for Riga Conference and Concert Centre

Public and Private Partnership,

55000m2 development, a concert hall for 1356 seats, a conference centre with 30+ conference rooms (with up to 3000 seats in Plenary Hall), 320 rooms combo hotel with bars and restaurant Riga, Latvia 

SIA Merks and Skanste development agency

Complete operational audit of the hotel (222 rooms) before the sale of the hotel.  

Riga, Latvia 

Concept development, space program and development tasks for architects for Rezekne SPA and Hotel

Public and Private Partnership, >10mioEUR investment,

10000m2 development, SPA complex and 100 rooms 4* hotel with bars and restaurant Rezekne, Latvia

Rezekne municipality

Audits of the business processes in 6 hotels in Russia and CIS.

Russian Federation, CIS

Feasibility study for Riga Conference and Concert Centre (hotel's part)

Riga, Latvia

Skanste development agency

Feasibility study for the development of the hotel on Pasta street (Old Town)

Riga, Latvia

Belgian investor

Feasibility study and advisory on the purchase of Days Hotel Riga (160 rooms)

Riga, Latvia

Latvian/ Russian investors

Advisory on entering Estonian hotel market

Tallinn, Estonia

Latvian investor, backed by German REIT

How may we help you?

Call us, write to us or send us a text. We’re looking forward to hearing from you.

Thank you!

Connect with us:

mobile: +371 29122748



SIA “”
Reg. nr. 40103894783

VAT (EU) Nr. LV40103894783
Legal address: Ausekļa iela 7-405,

Rīga, LV-1010
Bank: AS Swedbank
Account nr.: LV92HABA0551040013771

bottom of page