Acquisitions
- Investment Analysis
- Feasibility Studies
- Brand Recommendations
- Joint Venture Partnerships
Development
- Underwriting
- Brand Negotiations and Correspondence
- Securing Financing
- Pre-Opening Services
- Ownership Consultations
- Project Management Assistance
- Procurement
- Design Recommendations
Management
- Operations/Human Resources/Financial Services
- Maintain and exceed brand standards and compliance as it relates to operations
- Maintain licenses and permits necessary deemed by local, state, and franchise
requirements
- Provide HR support to property as it relates to staffing, training, retention, etc.
- Capex strategy to balance guest service needs with asset preservation Monthly Reporting to Ownership
- Accounts payable management and check writing
- Accounts receivable management and monitoring
- Preventative Maintenance Program
- Efficiency with Monitoring Operating Systems
- Property IT Support (Phone system, Internet, Security, etc.)
- Financial Statement Analysis
- Cash Flow Analysis
- Managing and Analyzing Expenses
- Routine site visits
- Maintain relationships with brand support teams
- Procurement
- Sales & Marketing/Revenue Management
- Develops, coordinates and monitors sales channels
- Sets and monitors RevPAR goals
- Develops and implements group/transient demand strategies
- Coordinates coverage of top accounts, including direct sales calls
- Provides training, strategy development and “best practices” programs
- Develops property sales and revenue management teams
- Provides e-commerce support and strategy development
- Participates and maximizes impact of appropriate brand programs
- Revenue Yield Management