The hospitality industry has faced numerous challenges in recent years, and many hotels have found themselves in distress due to various factors such as economic downturns, changing consumer preferences, and unforeseen events like the COVID-19 pandemic. When faced with a distressed hotel, performing a thorough financial analysis becomes essential to evaluate its current financial health and identify potential strategies for recovery. In this article, we will outline a step-by-step guide to help you conduct a comprehensive financial analysis of a distressed hotel.