HOSPITALITY MANAGEMENT


Operations & Maintenance

  • Our balanced scorecard process tracks, measures and guides consistent performance results in key areas that drive long-term success and maximum long-term value enhancement
  • Efficient procurement program for purchasing OS&E supplies, and consortium pricing for better bottom line results
  • Diligently monitor operating and payroll costs
  • Corporate “password” protected intranet website, for clear communication and better human resource management
  • Effective bonus program for team members to deliver peak performance
  • Insure all procedures and specs. are in compliance with brand standards
  • Property Inspections
  • Preventative Maintenance Program
  • Physical Evaluation
  • Renovation Planning & Supervision

Sales & Marketing

  • Detailed Sales & Marketing Action Plan.
  • Competitive Set Positioning
  • Market Positioning
  • Marketing Plan Reviews
  • Market Penetration
  • RFP Process
  • LNR Accounts

Accounting

  • We provide our shareholders with a state of the art internet based accounting system, that allows the owners to view their property’s performance.
  • Balance Sheet
  • General Ledger Detail Report
  • Check Register
  • Budgeting
  • Monthly Financial Statement
  • YTD Financial Comparison Report
  • Daily Revenue & Accounts Receivables Report
  • Month to Month Financial Reports

Food & Beverage

  • Food & Beverage is your opportunity to add margin to every stay, increase guest satisfaction, and add flash to your operation. We have experience in both full & select service dining operations
  • Marketing to Local Groups
  • Refining and Applying Franchise Programs
  • Cost and Portion Controls
  • Meeting and Banquet Space Planning

Asset Management

  • Long Term Capital Planning
  • Insurance Procurement, Compliance, & Oversight of Claims Management.
  • Property Tax Administration
  • Lease Management (Ground & Space Lease Negotiations & Oversight)
  • Property Finance/Refinancing
 
HOSPITALITY DEVELOPMENT

New Construction

  • Assistance with optimal brand selection
  • Architectural oversight of conceptual designs & obtain approvals from ownership, govt. authorities, & franchisor
  • General contractor selection process
  • Contract negotiation
  • Oversee all construction-related issues
  • Oversee and manage different subcontractors on a job site (if there is no general contractor)
  • Interior Design /FF&E procurement that meets brand specs. and approvals
  • Strong vendor relationships that facilitate the purchase of the right materials and services at the right cost
  • Handle all accounting during the development phase and issue reports to ownership

Acquisitions

  • Identification of key changes that will result in profitability
  • Implementation of a "takeover checklist" to identify underperforming areas
  • Advice on management structure, market positioning, brand selection, contracts and all overhead areas impacting the bottom line
  • Placement of the right management team to executive a quick and effective turnaround for failing operations
  • Property Financing
 

 


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