Hospitality and Hotel Consulting

Owner representation services

Routine operational performance analysis and report on management accounts, contract obligations.  Confirmation of calculation of fees, rents and other financial transactions between owner and operator/lessee.  Provide recommendations for all issues on which owner/operator consents are required.  Provide advice on the budget process, to either operator or owner.

 

Chain, brand and reservations provider performance assessments

Review international and domestic hotel operator options and brand alternatives to meet the needs of a specific property.  Advise on selection of operator or marketing affiliations and contract negotiation for management or franchise agreements, leases or technical services agreements.

 

Profit retention assessments

When things are going well regular management assessments, annual reviews and key performance indicator reviews to identify areas for potential cost savings or revenue improvement.  Review existing operation methodology and practices to identify weaknesses and possible changes that will increase profits.

 

Cost recovery / business turn around administration services

When performance is poor create and implement urgent rescue and recovery plans whether as a result of a business disaster or general poor performance relative to market.  Recruit and appoint key staff if required.  Provide interim short term executive management services.

 

Operational, vendor and pre-purchase due diligence services

Guide due diligence teams whether buy, sell or hold, specifically on hotel operations, manning levels, systems integration and productivity related issues.  Prepare annual valuation pack and assist in property valuer selection and briefing.

 

Product selection and evaluation

Recommendations for purchases of back and front office, ERP and CRM and other computer software and industry specific services

 

Operational, vendor and pre-purchase due diligence services

Guide due diligence teams whether buy, sell or hold, specifically on hotel operations, manning levels, systems integration and productivity related issues.

 

Commercial process management of hotel openings and closings

Develop workout and handover plans and manage financial adjustments between vendor and buyer and ensure maximisation of seller return or minimisation of buyer costs.  Monitor pre-opening operation and marketing plans and budget for openings, changeovers and shutdowns.

 

Feasibility studies, planning and hotel development services

Examination of opportunities for acquisitions, disposals, and development of new or existing hotels.   Advice on project feasibility for both existing and projected hotels/resorts, conference centres, food and beverage outlets, s and related recreational facilities.  Selection of professionals to join the project control group.  Calculation of financial returns, projected cash flows, projected loan requirements, IRR and ROI, with market analysis covering current market conditions and trends.  Assemble available research from multiple sources and interview competitors on an anonymous basis.

 

Company  board advisory services

Examination of hotel and hospitality company strategy with a focus on ensuring correct, timely information reaches board members with insightful analysis.