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Hotel Scorecard

Underwrite a boutique hotel acquisition the way I underwrite mine. RevPAR, NOI, debt service, brand-flag math, and the operating-margin floor that decides whether the deal works — all on one page.

Get the spreadsheet + AI Operator Add-On

Drop your email. We'll send the download link and the bundled AI prompt PDF.

What's inside

  • Top-line + bottom-line, one page. ADR, occupancy, RevPAR, GOP margin, NOI, debt service coverage — every metric that matters in a single view.
  • Capex + brand math. Conversion costs, PIP reserves, brand-flag fees, FF&E reserves — the costs that break first-time hotel underwriting.
  • AI Operator Add-On. Prompt PDF that takes your scorecard and stress-tests it — what breaks at 65% occupancy, what breaks at 8% interest, where the margin actually lives.

Who built this

Jeff Zimmerman runs Fort + Home — including Hotel Melrose, a 16-key boutique hotel in Western Colorado. The scorecard format is the actual underwriting model used on Hotel Melrose and on every hotel deal Fort + Home has looked at since.

What you'll get in your inbox

One welcome email with the download. Then a short series — operator stories tied to the tool, real numbers from real builds, and one quick question so we can send you the right kind of follow-up. Unsubscribe any time.

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