The hotel sector is dynamic, and guest expectations continue to rapidly evolve. With constraints on new supply and labour, strengthening tourism demand and capital flows re-emerging, the right strategy now determines tomorrow’s returns.
We can lead long range capital planning to optimise ROI, prioritise essential works and future proof your asset against market shifts. If repositioning is required, we identify and execute hotel repositioning strategies that unlock value through refurbishment, brand transition or operational reset.
Performance improvement advice considers margin expansion, revenue optimisation and strategic reinvestment, while maintaining a focus on attracting and developing the best senior talent to ensure your hotel remains competitive, compelling and aligned with evolving market expectations.
Pre- and post-opening support drives incremental and long-term profit, with:
- review and analysis of concept and development plans
- lobbying of local, state and federal governments on development and support issues
- cost reviews – land tax and valuation appeals, insurance, rates, taxes, capital expenditure, FF+E reserve, professional fees
- review of asset utilisation for alternate or best use – e.g., car parks, retail leases, etc.
- pre-opening planning, design and FF+E, budget preparation, strategic marketing planning
- technology needs analysis, systems specifications, RFP process, vendor selection, negotiations and systems integration
- regular communication with the owner and on-call availability
- regular attendance at the asset to actively review and optimise operational performance
- keeping the owner current with the unique elements of the hotel sector (jargon, ratios, legislation, trends, compliance, professional and social environments)
- regular updates and reporting against the asset plan
- business strategy planning sessions to align owner and operator interests
- attendance at operator management meetings to review trading performance
- financial analysis
- review annual business plan and budget presentations
- review annual capital expenditure and replacement plans
- oversight of external consultants and technical services