Terms and privacy

Plain terms.

The tools

The calculators run in your browser. The figures you enter are not sent to us or to anyone else. Some checklists remember your ticks on your own device; clearing your browser data removes them.

The content

Courses, papers and tools are guidance on method. They are not advice on a specific asset, transaction or person. Decisions on a particular hotel need a reading of its own accounts and agreements. Example figures are illustrative and are not market data.

The text, tables and images on this site belong to Excelsior Asset Management & Advisory or are used with permission. You may quote short passages with attribution and a link.

Your messages

If you write to us by email or WhatsApp, we use what you send only to reply to you, and we do not share it. Client material is never used in public tools or answers.