TY - JOUR T1 - To Invest or Not Invest in a Distressed Hospitality Sector: <em>The Case of Tunisia</em> JF - The Journal of Private Equity SP - 83 LP - 100 DO - 10.3905/jpe.2015.18.2.083 VL - 18 IS - 2 AU - Eymen Errais Y1 - 2015/02/28 UR - https://pm-research.com/content/18/2/83.abstract N2 - 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 ER -