What we can do for you
- Develop a model that projects operating revenue and expenses
- Interface
with lenders
- Consult on finance structuring
- Coordinate hotel appraisals
- Develop financing alternatives to fit the
project
Financial
Planning/Designing
- Design rooms, food and beverage areas and meeting facilities
that are fit to target markets
- Coordinate architects, engineers, land
planners, builders and designers
- Plan layout of hotel furnishings
and equipment (vending machines, ice machines, etc.)
- Coordinate
all computerized areas - front desk, restaurant and guest rooms
- Plan and implement telephone systems, key and lock systems, and audio/visual
systems
Pre-Opening
Assistance
Interior
Design
- Interview and select interior design teams
- Assist design teams with
furnishing selections (lobby, corridors, meeting rooms, guest rooms,
restaurant and lounge areas)
- Create and implement the pre-opening marketing plan
- Build pre-opening
budgets (working capital, food, beverage, linens, china, etc.)
- Recruit,
interview, and train all key management and sales personnel
- Establish
definitive objectives for all departments
- Obtain any and all business
licenses that includes restaurant, bar and signage
- Research and set
pricing for rooms, food and beverage
- Develop specifications and bids
on building insurance
- Develop relationships with guest suppliers and
employee uniform vendors
- Interface with potential hotel concessionaires
- Develop employee benefit
programs and policy manuals
- Develop strategic marketing plans with budget and action plans
- Implement
aggressive sales efforts for each target market segment
- Employ “pull” strategies
to stimulate customer interest through innovative programs (senior citizen
account executive, frequent traveler,
use of rapid transit media, etc.)
- Increase customer awareness
with creative advertising
- Administrate all hotel policies
- Set up goals and budgets for
each department
- Establish and follow up on preventative maintenance
programs
- Develop and analyze long range pro forma
- Analyze and recommend appropriate
financial structuring
- Coordinate appraisals and market studies
- Prepare marketing
materials
- Prepare loan packages
- Utilize extensive contracts in the sale
of hotel properties
- Locate potential hotel acquisitions
Hotel
Operation Services
Brokerage/Acquisition
Services