A full range of property and asset management services, from hotel operation, investment analysis and technical services to help maintain and maximize the value of the hotel assets.
Our extensive experience in procuring proposals to manage, the negotiation of management contract terms, the supervision of property manager activities, capital and FF&E review and approvals, banking procedures, property level tenant leases, service contracts, and other vendor relationships. More specifically:
- Property Management & Technical Services
- Asset clean-up.
- Handling of security, health and safety issues.
- Document remediation.
- Property insurance.
- Town planning legalization / licensing remediation.
- Maintenance works, repairs and renovations
- Development Advisory
- Concept design.
- Detailed capex. budgets.
- Procurement.
- Value-engineering.
- Pre-opening and hand-over services
- Selection, procurement, contracting of supplies, equipment, and staff.
- Preparation of inventories/stores in anticipation of the operation.
- Preparation of a new business strategy, including the new rate plan.
- Communication and negotiation of contracts with all the potential clients (Tour Operators, OTAs etc.) and any other required action leading to the successful relaunch.
- Hotel Asset Management
- Serving as the owner's representative - liaison between the owner and the operator.
- Critical review, evaluation and assessment of the annual budget (yearly forecast) provided by the current operator.
- Review and analysis of leases, licenses, insurance and other operating agreements.
- Review of performance and comparison with the budget by means of an Operator’s report and through periodical meetings with the Operator.
- Monitor overall operation’s performance and provide recommendations for operational and guest experience improvement.
- Monitor hospitality trends, market trends, and franchise initiatives that have the potential to materially affect the asset.
- Operational and Staff overview and evaluations.