Distress & workouts

Under pressure from your lender? Know your options before the next call.

A calm, confidential read on how serious it is, what you can ask your lender for, and whether operations or the capital stack is the fix.

Our tools are safe and confidential by design. No hotel financial data is stored. Ever.

Quick calculators

Run the numbers right here — no full diagnostic needed.

DSCR

Does the property cover its loan?

DSCR = NOI ÷ Annual debt service

NOI (net operating income)

Operating profit before debt.

NOI = Revenue − Operating expenses

What a hotel loan workout actually involves

The triggers come in a sequence

Distress rarely starts with a missed payment. More often a covenant trips first — coverage drops below the level your loan requires — which can spring a cash-management sweep or a default notice while you're still current. Next is maturity default, today's most common hotel problem: the loan comes due and a payoff or refinance isn't lined up. A payment default is the most serious, triggering cure periods and default interest. Knowing which stage you're in determines what you can ask for.

What you can actually ask the lender

Lenders generally prefer a workable plan to taking back a hotel. Depending on your situation, reasonable requests include a maturity extension, a temporary interest-only period to rebuild coverage, a covenant waiver or reset, a principal paydown structure, or — in real distress — forbearance. The key is coming early, with numbers and a credible, time-bound operating plan, rather than waiting for the lender to move first.

Know what's personally at risk

Before you negotiate, understand your exposure. Non-recourse loans generally limit the lender to the property — but standard bad-boy carve-outs can make the debt personal if certain acts occur, most commonly a bankruptcy filing, fraud, or an unapproved transfer. Recourse loans and personal guaranties put your other assets in play. This shapes every decision, so confirm your guaranty terms with an attorney before you act.

Questions, answered

Can I get an extension on my hotel loan?
Often yes, especially if you come early with a credible plan. Lenders generally prefer a workable extension to taking back a hotel. The tool helps you build the case.
Am I personally liable if the property can't cover the debt?
It depends on recourse and any guarantees. Non-recourse loans usually limit you to the property — but 'bad-boy' carve-outs can become personal. The diagnostic flags your likely exposure; confirm specifics with your attorney.
Should I bring in equity or sell?
That turns on your refinance gap, available cash, and whether operations can realistically recover. The diagnostic lays out the trade-offs so you can decide with eyes open.
Is this confidential?
Yes. Our tools are safe and confidential by design — no hotel financial data is stored, ever. Anything you share with us directly is kept private.

See how bad it is — privately

Our tools are safe and confidential by design — no hotel financial data is stored, ever, and no name is required. You'll get a clear read and a lender-prep checklist.

Run the diagnostic

Common situations we see

If any of these sounds familiar, the tools above are built for it.

Coverage has slipped below 1.0x

NOI no longer covers debt service, and you need to know how big the gap is and what realistically closes it.

Maturity default looming

The loan is coming due and a full payoff or refinance isn't lined up. You need a plan and a lender conversation.

The lender is asking for things

A paydown, a cash sweep, a covenant cure — and you want to understand what's reasonable before you respond.

Personal exposure worries you

Recourse, guarantees, bad-boy carve-outs — you need to know what's actually at risk for you personally.

How we help when you're under pressure

1

Triage the situation

We measure coverage, the refinance gap, maturity risk, and your equity cushion — so you know how serious it is, in plain numbers.

2

Prepare the lender conversation

Talking points, a credible narrative, the documents to bring, and the asks that fit your case — extension, interest-only, covenant relief, or a workout.

3

Map the paths

Forbearance, modification, paydown, equity, recap, or sale — what each solves, what it doesn't, and how it affects your control and exposure.

Speak with us confidentially

No judgment, no pressure. Tell us where things stand and we'll help you see the options.

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