Asset Management
As owner/operators ourselves, we understand ownership’s objectives. We achieve success by defining those objectives for the operator and developing and executing specific actionable initiatives, while maintaining a structured oversight.
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
a0Reading Paddy\’s blog give us lots of chances to see each other here and share each other. I got Dan\’s Birthday Card, touhgh it\’s later than the date maybe due to the summer holiday, I still feel her love and kind concerns on me. Thank you, and thank you all!It\’s the most pleasant and joyful things in our life, that is no matter where we are, we willa0miss each other, encourage each other and help each other.