Existing hotels and conversions
We meet with the hotel owner and discuss his vision and expectations;
– We thoroughly investigate the current operating requirements, financial performance and sales potential of the property;
– We assess any future re-development plans for the property (i.e. full scale renovation, refurbishment etc.);
– We present an efficient Business Plan;
– We produce a realistic Financial Budget of operating revenue, payroll and operating expenses;
– We formulate an effective Sales, Marketing & Communication action plan;
– We evaluate the staffing requirements and propose the adequate Staff Plan for every department and position;
– We prepare the Quality Service Manual of the hotel;
– We train the hotel’s key personnel;
– We implement daily Yield Management to achieve revenue targets;
– We perform weekly and monthly sales, financial and quality audits and present the monthly Profit & Loss Account to the owner.