Hotel Advice

HotelAdvice – experienced & results
driven hospitality services
Waldorf Hilton, London – Owner Representation
HotelAdvice – experienced & results
driven hospitality services
Crowne Plaza, Grand Cayman - Development/Project Management
HotelAdvice – experienced & results
driven hospitality services
Waldorf Hilton, London – Owner Representation

Services

London – England

We were appointed as Owner representatives and Asset Managers and have carried out these services to the satisfaction of owner with solid growth over the years in a very large and well respected hotel asset in central London.

Birmingham – England

Our engagement in this project included pre acquisition due diligence work and once acquired full Asset Management services.

Grand Cayman – Cayman Islands

HotelAdvice took charge in late 2007 and recommended owner not to renew an expiring Hotel Management Agreement and provided owner with a full Hotel Turnaround plan by de-branding the hotel,

Grand Cayman – Cayman Islands

Hotel Turnaround – Asset Management

HotelAdvice took charge in late 2007 and recommended owner not to renew an expiring Hotel Management Agreement and provided owner with a full Hotel Turnaround plan by de-branding the hotel, run as an independent boutique style all-suite hotel resort and streamline the operations to be more efficient. At the same time the loss making parts of the business reduce or changed over the first 12-24 months, with no redundancies but a controlled approach with only natural leave as many employees had been involved with the local business since commencement 20 years prior.

Initially the revenue reduced due to reduced services or closure of some loss making or not profitable operations, mostly retail, food and beverage, whilst more focus was made on growing the profitable rooms part of the business.

Whilst growth in profits moved to an acceptable level, it should be noted that the business was bound to a couple of historic connected contracts or agreements that in effect cost the business in excess of $1.5mill annually on the bottom line, which meant the real comparative conversion to GOP is projected to around 40% in 2016.