HOTEL DEVELOPMENT
- Site Origination
- Due Diligence
- Opportunity Analysis
- Valuation
- Investment
- Feasibility
HOTEL CONSTRUCTION
PROJECT DEVELOPMENT
- Hotel & Resort
- Facilities
CONSTRUCTION/RENOVATION
- Concept Creation
- Project Development
- Architect Selection
- Design Optimisation
- Planning
- Design Management
- Budgeting
- Construction
- Repair & Maintenance Management
PURCHASING
- Selection of Capex
- Selection of OSE
- Buying with replacement and maintenance cost in mind
- Establishing ongoing supply lines
HOTEL OPERATIONS
PRE-OPENING SERVICES
- Brand Selection
- Operator Search
- Staff selection
- Training
- Initial market position
FINANCIAL AND ACCOUNTING
- Quantifying the strategic vision for long-term financial benchmarks and goals
- Establishing operational standards to achieve the goal
- Establishing control systems to maximize profits
- Timely, accurate financial reporting of results
- Variance analysis and proactive problem solving
ASSET MANAGEMENT
- Operational system review
- Review and critique financial results
- Assistance in systems implementation
OPERATIONS MANAGEMENT
- Hands on management style
- A balance of guest, employee and owner needs
- Focused results-driven follow through
HUMAN RESOURCES/TRAINING
- Recruiting/selection
- Training and creation of individual standards
- Career path for employees
MARKETING AND SALES
- Research
- Direct sales
- Advertising
- Public relations
- Collateral
EXIT STRATEGY
- Strategic Analysis on Sale
- Valuation of Business and Real Estate
- Marketing & Sale of Hotel Assets
- Target potential buyers
- Negotiate and execute sales agreements