Asset Management
HOTEL GURU provides the following asset management services to owners and investors of hotels and resort properties:
- Property Research
- Reviewing historical financial information, the annual budget package and marketing plan(s)
- Assessment of market and competition issues
- Reviewing management agreement(s)
- Conducting meetings with property team members to understand focus and direction, and issues at the property level
- Summary report(s)
- Monthly Reporting
- Monthly review and analysis of hotel operations and financial statements, budget and capital improvement reviews(s)
- Sales and marketing evaluations
- Reviewing unbudgeted expense requests
- Reviewing third party contracts, leases, and concession agreements
- Annual Reporting
- Annual business plan preparation custom made to the owner’s needs including historical performance, forecasts, capital expenditures, budgets, market summary, capital account summary, and return analysis