ASSET MANAGEMENT
Our hotel asset management services include:
Operator selection and negotiation.
Operational reviews to insure the productivity level of operator›s management staff increase the property›s cash flow.
Monitor the physical condition of hotel to assure proper improvement projects capital expenditures.
Review the market strategy and expense controls to enhance revenue growth and provide consistency of service.
Develop goals for management that encourage their achievement in finding cost-effective ways to improve revenue.
Seek ways to maximize value including repositioning, expansion, renovating and recapitalization.
Make regularly scheduled visits for consultation with management on ongoing operations and implementation of changes.
Follow-up reports including analysis and critique of financial statements.
Provide hotel operations and asset oversight to identify the basis for hold verses sell decision.
