Hotel & Restaurant Management - Hotel Development & Pre-Opening Services

Article Index
Hotel & Restaurant Management
Hotel Development & Pre-Opening Services
Hotel Cost Control & Financial Review
Hotel Sales and Marketing Services
Hotel Human Resource Management Solutions
Hotel Capital Management & Planning Services
Hotel Renovation
Hotel Operations Management
Hotel Consultation Services
Asset Management
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Hotel Development & Pre-Opening Services





Hotels are different from other types of real estate investments primarily due to their daily occupancy and revenue fluctuations, the requirement for specialized management, and labor intensity. Understanding the cyclical nature and dynamics of hotel markets are critical to good investment decision-making. An initial analysis of market and financial feasibility is perhaps the most important aspect in hotel investment decision-making.

Our hotel consulting staff has years of experience in hotel development and operations management. The hotel consulting services we provide are unique for each project we undertake, and are therefore tailored to meet each client’s individual needs. Our experience makes us ideally suited to assist you with your hotel develpment project, from feasibility study to pre-opening and opening.

Feasibility Assistance

Analyze and verify feasibility studies
Assist in site selection and evaluation
Coordinate hotel demand studies
Prepare financial pro forma
Prepare preliminary construction and related cost estimate

Planning/Design

Coordinate hotel room design and F&B areas
Coordinate architect, engineer, land planner, and/or interior designer
Coordinate layout/procurement of hotel furnishing, kitchen and lounge equipment, laundry equipment, and commercial area furnishings
Coordinate all computerized areas - front desk, energy management, restaurant, administration
Coordinate the telephone system, key and lock system, and audio visual system
Specify/procure ice machines, vacuum cleaners, maid carts, etc.


Interior Design Assistance

Interview and recommend a design firm
Assist the interior design firm with the furnishing specifications:
Lobby, corridors and meeting rooms
Rooms
Restaurant and Bar

Construction Project Management

Function as project manager
Act as general contractor
Coordinate input with architect, engineer, etc.
Consult with owner on bids, changes and/or selecting General Contractor
Take bids on project
Perform pre-opening inspections and punch list for hotel

Pre-opening Services

Create and implement the pre-opening marketing plan
Assemble pre-opening budgets (working capital, food, beverage, linens, china, etc.)
Recruit, interview, and hire all key management and sales personnel
Train all key personnel
Recommend advertising agency
Establish definitive objectives and action plans for all departments
Obtain business licenses
Develop pricing for rooms, food and beverage
Develop specifications and bids on building insurance
Coordinate the procurement of guest supplies and employee uniforms
Interface with potential hotel concessionaires
Develop employee benefit program and policy manual



 


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Projects

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