Asset Management

Asset management and owner representation services are provided to maximize returns and enhance asset value in hospitality properties. We are able to assist ownership in improving asset value through working with hotel management companies, managing cash flow, and controlling FF and E and capital expenditure. with a full understanding of the investment cycle we can advise our clients on what the best investment options are.

The Key Asset Management Activities Are:

Property Inspections and Owners Meetings

Attend meetings with the hotel operator to review current and forecasted results and proposed management plans. Major issues include key result area variances, actions to address trading shortfalls, sales and marketing issues, manning, capital improvements and legal matters.

Monthly Operational and Financial Review

Review and assess the regular monthly management report and financial statements. Provide a written analysis of the report for proactive follow up.

Annual Business Plan and Asset Strategic Plan

Examine and advise on the hotel annual business plan with a view to establish realistic management goals, anticipated returns, and consistent Strategies which will benefit the ownership. Ensure there is an agreement between owner and operator on goals.

Capital Expenditure Planning

Oversee and supervise capital and FF and E reserve expenditures.

Hotel Management Company Contract Compliance

Conduct routine reviews to ensure the hotel management company is complying with contractual obligations.

Legal and Regulatory Compliance

Advise ownership on potential liabilities related to the asset such as appropriate legal actions, insurance, envirnmental issues, labor unions and guest safety