Hotel Management Services
With our expert hospitality asset consulting services, we provide everything your property needs to to develop and operate a successful hotel. We understand the specific challenges of managing a both unbranded and branded properties.
Access Hotel Advisors
Protecting Ownerships’ Interest and Increasing Asset Value
Access Hotel Advisors has direct “hands-on” experience in hotel operations, F&B, sales/revenue management, and finance. This enables us to evaluate marketing strategies, operating expenses, and debt structure to recommend courses of action for increasing both profits and asset value. We assist in hotel brand selection, choosing and monitoring management companies, negotiating management contracts and franchise agreements, and on total portfolio management, including acquisition and disposition of hotel properties.
Our hotel asset management team begins by conducting a comprehensive study of the competitive market and operating environment, including the hotel’s physical condition, capital expenditure history and capital expenditure plan. Financial performance and labor productivity are reviewed and benchmarked. Sales and marketing strategies are evaluated and measured for ROI. Legal documents are meticulously reviewed with respect to compliance with operating and business terms. Members of the on-site and management/franchise team are extensively interviewed.
We concentrate on reviewing property operations and capital expenditures, identifying opportunities to increase profitability, ensuring competitiveness in procurement, ensuring that the hotel operator is focused on the critical elements of success, monitoring changes in the competition and reacting accordingly, and analyzing results on behalf of ownership.
- Maximize property returns through the pursuit of strategies for value creation
- Review and analyze monthly operator performance
- Participate in planning and monitoring of capital projects
- Administer owner relations and represent the company at board meetings
- Review and critique annual marketing plans and budgets
- Review asset positioning and make comparisons to market competitors
- Assemble and evaluate pertinent market and economic data
- Assist with legal issues and contract compliance
- Preparations of financial projections and valuations
- Prepare quarterly investment performance report
- Administer legal, tax and accounting formalities for each property
Our goal: to maximize cash flow and protect the economic value and physical condition of your important investment.
We Maximize Your ROI
When you trust your hotel to Access Hotel Advisors, we will dedicate ourselves to achieving your goal of owning a highly efficient hotel. As part of our hospitality consulting services plan, you can expect:
- A custom plan meeting your unique needs whether they be short- or long-term, require financing assistance, and more
- High returns on your investment – we typically exceed our peer group in returns
- A hotel you will be proud to own – one that is running smoothly with tight operations