PT - JOURNAL ARTICLE AU - Eymen Errais TI - To Invest or Not Invest in a Distressed Hospitality Sector: <em>The Case of Tunisia</em> AID - 10.3905/jpe.2015.18.2.083 DP - 2015 Feb 28 TA - The Journal of Private Equity PG - 83--100 VI - 18 IP - 2 4099 - https://pm-research.com/content/18/2/83.short 4100 - https://pm-research.com/content/18/2/83.full AB - This article examines a typical dilemma that vexes hospitality private equity investors: Is the critical current situation an opportunity or a threat? To be able to resolve this conundrum, the author analyzes the stepping-stones of the private equity investment process: understanding what was behind the tourism sector crisis and the key requirements for finding suitable solutions; analyzing, at a later stage, the valuation process; and providing recommendations to undertake profitable investments in a distressed hospitality sector.TOPICS: Private equity, frontier, portfolio construction, fundamental equity analysis