ACQUIRING & DEVELOPING NEW ASSETS

We have experience in the acquisition and develop of hotels from sourcing and site selection, conducting feasibility studies, assisting with brand selection, developing pro-forma budgets, obtaining financing through lending institutions and joint ventures, ordering furniture, fixtures and equipment and working with the brands on the installing the pre-opening data into corporate and property automation systems. Hiring and supervising general contractors while maintaining architectural oversight of conceptual designs and obtaining approvals from ownership, government authorities and franchisors.

With acquisitions, we implement a stringent "take-over" checklist to identify PIP requirements and estimates, underperforming areas and we provide advices on management structure, market positioning and all overhead areas impacting the bottom line.