Hospitality underwriting
Hospitality underwriting software built on RevPAR.
Hospitality underwriting software models a hotel on the metrics that drive it — average daily rate (ADR), occupancy, and RevPAR — flowing through departmental revenue and expense to NOI and returns. Origentic underwrites hotels on RevPAR and departmental margins rather than a cap-rate guess, deterministically, and it's free to start.
ADR × occupancy → RevPAR
Model average daily rate and occupancy to build RevPAR, then flow it through rooms, food and beverage, and other departments to a departmental P&L and NOI.
- •ADR, occupancy, and RevPAR build
- •Departmental revenue and expense P&L
- •Flow-through to NOI and returns
Ramp and stabilization
Model a ramp to stabilized occupancy and rate, so a repositioning or a new open underwrites on its trajectory rather than a single stabilized year.
Same returns framework
Levered IRR, equity multiple, DSCR, sources and uses, waterfalls, and an investment memo — hotels in the same decision-ready format as every asset class.
Why teams choose Origentic
Frequently asked questions
- How does Origentic underwrite hotels?
- On ADR, occupancy, and RevPAR, flowing through a departmental revenue and expense P&L to NOI and returns, with a ramp to stabilized performance.
- Does it model departmental P&L?
- Yes. Rooms, food and beverage, and other departments are modeled with their own revenue and expense, consistent with USALI-style hotel reporting.
- Can it handle a repositioning ramp?
- Yes. You can model a ramp to stabilized occupancy and rate so a new open or repositioning underwrites on its trajectory.
- Is hospitality underwriting free?
- Yes — hospitality is one of seven asset classes on every plan, including the free plan.
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