LWHA Asset Management Services provides asset management, property management, and advisory services to hotel owners and investors. Their services include asset oversight, development consulting, managing distressed properties, internal controls reviews, lender advisory services, and operational and marketing audits. Their goal is to maximize returns for clients by increasing revenues, cutting costs, and reducing risks at managed properties.
The document provides an overview of hotel asset management. It discusses operational support services, corporate business functions, and key performance indicators and key result areas that are important for asset management. These include financial and operational performance monitoring, safeguarding fixed assets, human resources management, property inspections, market positioning, and accounting/financial reporting. The goal of asset management is to build value and meet ownership objectives through oversight of the investment portfolio.
The document describes the services provided by eXceed Hospitality Asset Advisors, LLC. They provide a range of services including feasibility studies, strategic planning, asset management, and integrating hotel and residential components. Their services span from initial concept development through ongoing operations. They work to ensure projects are completed on time and on budget by assembling teams and providing oversight.
This document provides an overview of the services offered by Francesco Ascalone, a hospitality consultancy firm. The firm offers development consultancy, valuations, asset management, and other services to support clients' investment strategies and develop hospitality and mixed-use real estate projects. Services include market analyses, concept development, financial feasibility studies, operator selection, and asset management. The firm aims to maximize returns for clients through strategic recommendations. It has experience working on various hotel, resort, and mixed-use development and management projects globally.
Horwath HTL - Hotel, Tourism, and LeisureBrokers USA
Welcome to Horwath Hotel, Tourism and Leisure consulting. Horwath HTL is the world\'s largest consulting organization specialized in the hospitality industry, with 47 offices in 37 countries.
This document summarizes the services provided by LW Hospitality Advisors, a hospitality real estate advisory firm. The firm specializes in advisory, valuation, feasibility, investment counseling, asset management, property management, and transaction services for hotels, resorts, gaming properties, and conference centers worldwide. It works with corporate, institutional, individual, and government clients. The firm has a team of hospitality experts with over 70 combined years of experience. Services include advisory and consulting, appraisal and valuation, asset and property management, and dispute analysis and litigation support. The firm has completed engagements throughout the US and internationally.
TPG Hospitality Management is a vertically integrated real estate company founded in 1964 that has owned, developed, or managed over 200 assets totaling over 20 million square feet, including 88 hotels with over 20,000 guest rooms. Currently, TPG owns interests in or manages 63 hotels with over 16,800 guest rooms across 24 states. TPG employs approximately 8,000 people and is an approved operator for many major hotel brands such as Marriott, Hilton, Hyatt, InterContinental, and Starwood.
Our services include Hotel Receivership, Asset Management, Hotel Turn-Around Specialists and Feasibility Studies on new or existing hotel development. We also provide accurate Financial Reporting Solutions, Certified Expert Witness Testimony, Internal Control Auditing, Condo Hotel Conversion, and Union Negotiations.
Greenwich Asset Management uses a proprietary quantitative process to create customized equal-weighted equity portfolios. They evaluate over 10,000 stocks based on 12 fundamental measurements and technical indicators. Stocks must score over 85 out of 100 on financial health and demand factors to be included. The portfolio aims for 30-40 equally weighted, uptrending stocks from various sectors and geographies to provide diversification.
The document provides an overview of hotel asset management. It discusses operational support services, corporate business functions, and key performance indicators and key result areas that are important for asset management. These include financial and operational performance monitoring, safeguarding fixed assets, human resources management, property inspections, market positioning, and accounting/financial reporting. The goal of asset management is to build value and meet ownership objectives through oversight of the investment portfolio.
The document describes the services provided by eXceed Hospitality Asset Advisors, LLC. They provide a range of services including feasibility studies, strategic planning, asset management, and integrating hotel and residential components. Their services span from initial concept development through ongoing operations. They work to ensure projects are completed on time and on budget by assembling teams and providing oversight.
This document provides an overview of the services offered by Francesco Ascalone, a hospitality consultancy firm. The firm offers development consultancy, valuations, asset management, and other services to support clients' investment strategies and develop hospitality and mixed-use real estate projects. Services include market analyses, concept development, financial feasibility studies, operator selection, and asset management. The firm aims to maximize returns for clients through strategic recommendations. It has experience working on various hotel, resort, and mixed-use development and management projects globally.
Horwath HTL - Hotel, Tourism, and LeisureBrokers USA
Welcome to Horwath Hotel, Tourism and Leisure consulting. Horwath HTL is the world\'s largest consulting organization specialized in the hospitality industry, with 47 offices in 37 countries.
This document summarizes the services provided by LW Hospitality Advisors, a hospitality real estate advisory firm. The firm specializes in advisory, valuation, feasibility, investment counseling, asset management, property management, and transaction services for hotels, resorts, gaming properties, and conference centers worldwide. It works with corporate, institutional, individual, and government clients. The firm has a team of hospitality experts with over 70 combined years of experience. Services include advisory and consulting, appraisal and valuation, asset and property management, and dispute analysis and litigation support. The firm has completed engagements throughout the US and internationally.
TPG Hospitality Management is a vertically integrated real estate company founded in 1964 that has owned, developed, or managed over 200 assets totaling over 20 million square feet, including 88 hotels with over 20,000 guest rooms. Currently, TPG owns interests in or manages 63 hotels with over 16,800 guest rooms across 24 states. TPG employs approximately 8,000 people and is an approved operator for many major hotel brands such as Marriott, Hilton, Hyatt, InterContinental, and Starwood.
Our services include Hotel Receivership, Asset Management, Hotel Turn-Around Specialists and Feasibility Studies on new or existing hotel development. We also provide accurate Financial Reporting Solutions, Certified Expert Witness Testimony, Internal Control Auditing, Condo Hotel Conversion, and Union Negotiations.
Greenwich Asset Management uses a proprietary quantitative process to create customized equal-weighted equity portfolios. They evaluate over 10,000 stocks based on 12 fundamental measurements and technical indicators. Stocks must score over 85 out of 100 on financial health and demand factors to be included. The portfolio aims for 30-40 equally weighted, uptrending stocks from various sectors and geographies to provide diversification.
Achieving one of the largest disposition prices ever in the greater Washington, DC office market, JLL Capital Markets brokered the sale of 1801 K Street to Mirae Asset Global Investments for $445 million, or approximately $781 per square foot, in late 2014. Here is the story. Learn more: http://www.us.jll.com/1801
This document provides an overview of HVS, a hospitality consulting firm. It summarizes HVS's services which include property appraisals, feasibility studies, executive search, asset management, interior design, and more. HVS works with hotel owners, developers, and lenders to help them make sound investment and operational decisions. The document emphasizes that HVS has extensive experience and can provide reliable analyses and strategies to help clients succeed in the current challenging economic environment.
A hospitality consulting firm specializing in providing hospitality owners and management companies with solutions geared towards service excellence and growth of share holders profitability
We specialize in hospitality related concepts , efficiencies and performances, whilst providing practical and simplistic strategies, solutions and services that focus on Revenue Generation and Profitability
redRELIF was founded by a team with over 30 years of hospitality experience. The team includes a manager, senior executive, and marketing guru. redRELIF provides asset management and turnaround services to help struggling hotels. Their services include asset staging, management, valuation, and marketing to prepare hotels for sale or repositioning.
This document provides information about JLL's Project Management Services capabilities. It summarizes that JLL is a global real estate services firm with over 58,000 employees operating in 80 countries. The Project & Development Services division employs over 2,700 project managers globally who manage over 15,000 projects annually worth over $22 billion. In the Middle East and North Africa region specifically, JLL's Project & Development Services team employs over 40 professionals across 8 countries to provide project management, cost management, development management and other services.
Horwath HTL is a consulting firm specialized in the hotel, tourism, and leisure industries. It provides strategic planning, financial, operational, and other specialized services to clients. The document discusses Horwath HTL's history and global network, as well as its services in areas such as feasibility studies, market analysis, operational audits, and asset management. It also briefly mentions some of Horwath HTL's strategic alliances with other companies that provide related services.
IGI-3R - HOTEL INVESTMENT ADVISORY & ASSET MANAGEMENT3R Hospitality
IGI-3R provides a unique offering in India – a global standards of asset management tailored for the domestic hospitality industry’s owners, investors and financiers of hotels, resorts and serviced apartments.
IGI-3R is focused on creating and enhancing value, using our skills and proven methods to design and implement short term tactics and long term strategies to drive or fix the performance of hospitality assets.
Its principals are mature investment and operational professionals who have worked for global and independent hotel operating companies, leading investment and lending institutions and publicly traded companies.
IGI-3R is an independent company and is not affiliated with any hotel brand or brokerage house.
We advise on turnaround and underperforming assets by identifying operating inefficiencies, restructuring and re-organization opportunities and thereafter bringing in solutions for the hotel, restaurants or spa.
eXceed provides various services related to hotels and mixed-use developments, including feasibility studies, strategic planning, asset management, and integrating hotel and residential components. Their services help clients develop visions for new projects, maintain the vision through operations, and address challenges such as distressed assets. They work with owners, lenders, brands, and management teams to maximize performance and returns. Their team of experts can assist at all stages from initial concept to grand opening and beyond.
SORTIS Group is a Bulgarian financial services firm that provides investment banking, real estate investment management, credit and leasing advisory, and hospitality asset management services. The company has extensive networks of investment funds, strategic investors, and financing institutions to source and structure investment opportunities for its clients. SORTIS Group consists of several subsidiary companies that specialize in different areas of financial services.
GNC HOSPITALTY Management & Consulting is a hotel consulting firm based in Istanbul, Turkey that offers a range of consultancy services for the hospitality business. They provide pre-opening support, development solutions, asset management, operational control, and sales and marketing support. Their services include pre-opening consultancy, concept and feasibility studies, strategic business planning, operational turnaround support, operator selection, and representation of hotel owners. They also conduct quality assurance audits, mystery guest programs, training and development, sales and marketing audits, brand positioning, and help establish sales systems and processes.
Aninver Hospitality Advisors works for hotel chains, hotel investors, independent hotels and banks in different kinds of hospitality consulting assignments. We are specialized in dealing with hotel assets, from feasibility studies for new hotel developments to sales of hotel assets. Our range of services in this line of activity is the following:
- Services to Owners/investors:
Asset management
Project development
Portfolio optimization
Divestments
New projects/investments
Conversions and refurbishments
Externalization of unused space
Restructuring
Operator change/search
- Services to Hotel operators:
Market studies
Business and Strategic plans
Expansion assignments
Refurbishments
New projects
This presentation by JLL provides an overview of real estate valuation for an MBA class. It introduces JLL and the presenters, then covers defining valuation and its purpose, common valuation methods like income capitalization and discounted cash flow, an example residual land valuation, valuation regulations in Saudi Arabia, and concludes with a Q&A.
eXceed provides various hospitality consulting services including feasibility studies, strategic planning, asset management, and hotel/residence integration. Their services help clients develop visions for new hospitality projects, analyze market demand, develop strategic plans, and maintain optimal performance of operating assets. They have expertise in turning around distressed properties and specialized knowledge of creating mixed-use developments that integrate hotel and residential components. Clients include hotel owners, lenders, and management companies seeking to maximize value and minimize risks.
- Award winning global hospitality services company PARADISE hotel group is headquartered in Atlanta, Georgia with regional offices in Nashville, Tennessee. With over 75 years of combined operational and creative marketing experience, the company focuses on assisting clients in the hospitality industry.
- Recognized as a Top 100 Management Company, PARADISE provides comprehensive day-to-day property management and helps each asset maximize its operational and financial potential. The company values long-term asset growth and partnership relations.
- PARADISE is committed to the success of new construction and repositioned hospitality assets, providing a turnkey solution from concept development to product launch.
John Oliver has over 20 years of experience in accounting, finance, and SEC management. He has held CFO roles and been responsible for periodic SEC filings, registrations, and Sarbanes-Oxley compliance. He also has extensive experience with acquisitions, purchase accounting, due diligence, cash management, systems implementations, operations management, and business development.
Leines Hotel Advisors is a Midwest firm that provides brokerage and advisory services for hotel transactions, with over 50 years of combined experience in hotel operations, development, and real estate. The firm is led by founder and CEO Ted Leines, who has experience negotiating complex hotel deals, and senior associate Steve Sherf, who has over 35 years of consulting and development experience in the hospitality industry. Leines Hotel Advisors handles all aspects of the sales process, from initial analysis and marketing to negotiations and a coordinated closing. They aim to create value for clients by serving as trusted advisors, expert marketers, fair negotiators, and proven closers.
RK Consulting Services provides a range of services for the hospitality industry including feasibility studies, strategic planning, project management, and asset management. They take projects from initial conception through development and operations. Their team of experts have decades of experience working with major hotel brands. They assemble teams to oversee all aspects of development and ensure projects are completed on time and on budget while maintaining the original vision.
The document discusses the services provided by Hotel Zone, a hotel management organization. It summarizes their team's extensive experience in the hospitality industry. Hotel Zone offers a range of multi-dimensional services for hotels, including operations and management, project support, sales and marketing, reservation systems, and more. Their services are tailored to meet international standards while also addressing local and national needs.
This document provides information about hotel, tourism, and leisure consulting services offered by Horwath HTL. It summarizes their services in several areas: planning and development, asset management, transactions and financial restructuring, distressed hotel and asset management, valuation and appraisal, consulting, litigation support, and affiliate company services. Horwath HTL is an international hospitality consulting firm with 50 offices globally and experience providing specialized services to the hotel, tourism, and leisure industries.
Babor Group provides real estate advisory services including acquisitions, development, operations, financial analysis, and project management. They assist clients with real estate assets through due diligence, site inspections, transaction modeling, and sales/marketing strategy. Their services encompass residential, retail, industrial, and master-planned projects.
EpicenterSpark Hospitality International is a full-service hospitality consulting and management company specializing in hotels, resorts, vacation rentals, and senior living. They have a team with over 100 years of combined experience in these sectors. Their services include strategic planning, operations, marketing, revenue management, and more. Their goal is to help clients outperform their goals through innovative strategies and a focus on service excellence.
Achieving one of the largest disposition prices ever in the greater Washington, DC office market, JLL Capital Markets brokered the sale of 1801 K Street to Mirae Asset Global Investments for $445 million, or approximately $781 per square foot, in late 2014. Here is the story. Learn more: http://www.us.jll.com/1801
This document provides an overview of HVS, a hospitality consulting firm. It summarizes HVS's services which include property appraisals, feasibility studies, executive search, asset management, interior design, and more. HVS works with hotel owners, developers, and lenders to help them make sound investment and operational decisions. The document emphasizes that HVS has extensive experience and can provide reliable analyses and strategies to help clients succeed in the current challenging economic environment.
A hospitality consulting firm specializing in providing hospitality owners and management companies with solutions geared towards service excellence and growth of share holders profitability
We specialize in hospitality related concepts , efficiencies and performances, whilst providing practical and simplistic strategies, solutions and services that focus on Revenue Generation and Profitability
redRELIF was founded by a team with over 30 years of hospitality experience. The team includes a manager, senior executive, and marketing guru. redRELIF provides asset management and turnaround services to help struggling hotels. Their services include asset staging, management, valuation, and marketing to prepare hotels for sale or repositioning.
This document provides information about JLL's Project Management Services capabilities. It summarizes that JLL is a global real estate services firm with over 58,000 employees operating in 80 countries. The Project & Development Services division employs over 2,700 project managers globally who manage over 15,000 projects annually worth over $22 billion. In the Middle East and North Africa region specifically, JLL's Project & Development Services team employs over 40 professionals across 8 countries to provide project management, cost management, development management and other services.
Horwath HTL is a consulting firm specialized in the hotel, tourism, and leisure industries. It provides strategic planning, financial, operational, and other specialized services to clients. The document discusses Horwath HTL's history and global network, as well as its services in areas such as feasibility studies, market analysis, operational audits, and asset management. It also briefly mentions some of Horwath HTL's strategic alliances with other companies that provide related services.
IGI-3R - HOTEL INVESTMENT ADVISORY & ASSET MANAGEMENT3R Hospitality
IGI-3R provides a unique offering in India – a global standards of asset management tailored for the domestic hospitality industry’s owners, investors and financiers of hotels, resorts and serviced apartments.
IGI-3R is focused on creating and enhancing value, using our skills and proven methods to design and implement short term tactics and long term strategies to drive or fix the performance of hospitality assets.
Its principals are mature investment and operational professionals who have worked for global and independent hotel operating companies, leading investment and lending institutions and publicly traded companies.
IGI-3R is an independent company and is not affiliated with any hotel brand or brokerage house.
We advise on turnaround and underperforming assets by identifying operating inefficiencies, restructuring and re-organization opportunities and thereafter bringing in solutions for the hotel, restaurants or spa.
eXceed provides various services related to hotels and mixed-use developments, including feasibility studies, strategic planning, asset management, and integrating hotel and residential components. Their services help clients develop visions for new projects, maintain the vision through operations, and address challenges such as distressed assets. They work with owners, lenders, brands, and management teams to maximize performance and returns. Their team of experts can assist at all stages from initial concept to grand opening and beyond.
SORTIS Group is a Bulgarian financial services firm that provides investment banking, real estate investment management, credit and leasing advisory, and hospitality asset management services. The company has extensive networks of investment funds, strategic investors, and financing institutions to source and structure investment opportunities for its clients. SORTIS Group consists of several subsidiary companies that specialize in different areas of financial services.
GNC HOSPITALTY Management & Consulting is a hotel consulting firm based in Istanbul, Turkey that offers a range of consultancy services for the hospitality business. They provide pre-opening support, development solutions, asset management, operational control, and sales and marketing support. Their services include pre-opening consultancy, concept and feasibility studies, strategic business planning, operational turnaround support, operator selection, and representation of hotel owners. They also conduct quality assurance audits, mystery guest programs, training and development, sales and marketing audits, brand positioning, and help establish sales systems and processes.
Aninver Hospitality Advisors works for hotel chains, hotel investors, independent hotels and banks in different kinds of hospitality consulting assignments. We are specialized in dealing with hotel assets, from feasibility studies for new hotel developments to sales of hotel assets. Our range of services in this line of activity is the following:
- Services to Owners/investors:
Asset management
Project development
Portfolio optimization
Divestments
New projects/investments
Conversions and refurbishments
Externalization of unused space
Restructuring
Operator change/search
- Services to Hotel operators:
Market studies
Business and Strategic plans
Expansion assignments
Refurbishments
New projects
This presentation by JLL provides an overview of real estate valuation for an MBA class. It introduces JLL and the presenters, then covers defining valuation and its purpose, common valuation methods like income capitalization and discounted cash flow, an example residual land valuation, valuation regulations in Saudi Arabia, and concludes with a Q&A.
eXceed provides various hospitality consulting services including feasibility studies, strategic planning, asset management, and hotel/residence integration. Their services help clients develop visions for new hospitality projects, analyze market demand, develop strategic plans, and maintain optimal performance of operating assets. They have expertise in turning around distressed properties and specialized knowledge of creating mixed-use developments that integrate hotel and residential components. Clients include hotel owners, lenders, and management companies seeking to maximize value and minimize risks.
- Award winning global hospitality services company PARADISE hotel group is headquartered in Atlanta, Georgia with regional offices in Nashville, Tennessee. With over 75 years of combined operational and creative marketing experience, the company focuses on assisting clients in the hospitality industry.
- Recognized as a Top 100 Management Company, PARADISE provides comprehensive day-to-day property management and helps each asset maximize its operational and financial potential. The company values long-term asset growth and partnership relations.
- PARADISE is committed to the success of new construction and repositioned hospitality assets, providing a turnkey solution from concept development to product launch.
John Oliver has over 20 years of experience in accounting, finance, and SEC management. He has held CFO roles and been responsible for periodic SEC filings, registrations, and Sarbanes-Oxley compliance. He also has extensive experience with acquisitions, purchase accounting, due diligence, cash management, systems implementations, operations management, and business development.
Leines Hotel Advisors is a Midwest firm that provides brokerage and advisory services for hotel transactions, with over 50 years of combined experience in hotel operations, development, and real estate. The firm is led by founder and CEO Ted Leines, who has experience negotiating complex hotel deals, and senior associate Steve Sherf, who has over 35 years of consulting and development experience in the hospitality industry. Leines Hotel Advisors handles all aspects of the sales process, from initial analysis and marketing to negotiations and a coordinated closing. They aim to create value for clients by serving as trusted advisors, expert marketers, fair negotiators, and proven closers.
RK Consulting Services provides a range of services for the hospitality industry including feasibility studies, strategic planning, project management, and asset management. They take projects from initial conception through development and operations. Their team of experts have decades of experience working with major hotel brands. They assemble teams to oversee all aspects of development and ensure projects are completed on time and on budget while maintaining the original vision.
The document discusses the services provided by Hotel Zone, a hotel management organization. It summarizes their team's extensive experience in the hospitality industry. Hotel Zone offers a range of multi-dimensional services for hotels, including operations and management, project support, sales and marketing, reservation systems, and more. Their services are tailored to meet international standards while also addressing local and national needs.
This document provides information about hotel, tourism, and leisure consulting services offered by Horwath HTL. It summarizes their services in several areas: planning and development, asset management, transactions and financial restructuring, distressed hotel and asset management, valuation and appraisal, consulting, litigation support, and affiliate company services. Horwath HTL is an international hospitality consulting firm with 50 offices globally and experience providing specialized services to the hotel, tourism, and leisure industries.
Babor Group provides real estate advisory services including acquisitions, development, operations, financial analysis, and project management. They assist clients with real estate assets through due diligence, site inspections, transaction modeling, and sales/marketing strategy. Their services encompass residential, retail, industrial, and master-planned projects.
EpicenterSpark Hospitality International is a full-service hospitality consulting and management company specializing in hotels, resorts, vacation rentals, and senior living. They have a team with over 100 years of combined experience in these sectors. Their services include strategic planning, operations, marketing, revenue management, and more. Their goal is to help clients outperform their goals through innovative strategies and a focus on service excellence.
Corporate Visions is a commercial real estate agency that strives for excellence in service. They provide integrated real estate services including business relocation, project marketing, investment sales, and property and facility management. Their team is specialized in business space and they serve both multinational and local clients.
The document discusses eXceed Hospitality Asset Advisors and the services they provide. eXceed is a team of hospitality industry veterans who offer a range of asset management and consulting services. Their services include feasibility studies, market analysis, strategic planning, asset management, and hotel/residence integration. They help clients with both new development projects and existing properties.
Joanne Rogowsky is a highly experienced banking and finance professional seeking a new role. She has 28 years of experience in administrative, relationship management, and executive support roles across banking, real estate, and manufacturing. Most recently, she worked as a top performing leasing agent in Dubai, where she negotiated leases and maintained strong client relationships. Prior to that, she held accounting and executive assistant roles providing support to multi-billion dollar companies. She demonstrates strong leadership, relationship management, project coordination, and administrative skills.
LAS is a real estate company that offers a variety of services including appraisals, asset management, brokering, inspections, investment opportunities, and property management. They aim to provide personal attention to each client. LAS focuses on comprehensive planning, thoughtful stewardship of properties, pride in tradition, ethical conduct, and exceptional service. Their services include real estate investments, appraisals, and property management.
Hotel Partners Africa is an alliance of three leading hospitality consultancies that provides a full range of services for hospitality projects in Africa. The consultancy has expertise in market feasibility studies, operator selection and contract negotiation, project funding, valuations, development management, procurement, hotel asset management, talent acquisition, and disposal. It aims to be a one-stop shop for hospitality development and investment in Africa, leveraging the expertise of its team members and network of contacts on the continent.
Eric W. Hubbard has over 20 years of experience in commercial banking, including managing regulatory examinations, loan review, and negotiating problem asset resolutions. He has worked as a consultant helping community banks address regulatory and asset quality issues. Previously he was President and Chief Lending Officer of a bank where he managed loan workouts, reducing non-performing loans by $59 million. He has an MBA with an emphasis in finance and diploma in banking.
Christine Fraser has over 20 years of experience managing commercial real estate portfolios totaling over 2 million square feet. She has expertise in transaction management, project management, property management, facilities management, workplace strategies, client relationship management, and lease administration. Fraser has held property management roles at US Bank, Wells Fargo Bank, Construction Support Services, Fuller & Company, and Travelers Insurance Company. She is skilled in budgeting, contract management, and resolving issues for landlords and tenants.
Christine Fraser has over 20 years of experience managing commercial real estate portfolios totaling over 2 million square feet. She has expertise in transaction management, project management, property management, facilities management, workplace strategies, client relationship management, and lease administration. Fraser has held property management roles at US Bank, Wells Fargo Bank, Construction Support Services, Fuller & Company, and Travelers Insurance Company. She is skilled in budgeting, contract management, and resolving issues for landlords and tenants.
This document provides information about A&Z Residential Properties management company. It outlines their philosophy of providing exceptional customer service while helping create a sense of community. It then describes their guiding principles of loyalty to clients and residents. Finally, it details the various property management services offered such as rental market analysis, tenant screening, maintenance, and financial management.
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Blackstone took La Quinta Holdings public through an IPO, but investors were less enthusiastic about La Quinta than Hilton Worldwide, which had a very successful IPO. La Quinta priced at the low end of its range at $17 per share. While the hotel market remains strong, investors have become more cautious about new offerings. Some analysts see weaknesses in La Quinta's business model as a single-brand midscale hotel chain, but others believe opportunities remain for growth. There is a debate around whether the private market may have been a better option for an owner and operator like La Quinta.
This document summarizes the results of a global hotel market sentiment survey conducted by Horwath HTL. The key findings are:
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The document analyzes historical hotel sales data from 2010-2013. It finds that overall capitalization rates for full-service hotels remained relatively flat from 7.74% to 7.70% during this period, while rates for limited-service hotels increased modestly from 8.86% to 9.14%. Room revenue multipliers declined slightly for full-service hotels and remained in a narrow range for limited-service hotels. The average sales price per room increased substantially for both full-service ($163,306 to $198,303) and limited-service ($58,046 to $78,956) hotels over this time period.
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The document discusses strategies for building an "A" team at a hotel. It recommends attracting top talent by paying market rates and providing career growth opportunities. It also suggests developing internal and external talent pipelines through university partnerships and referral programs. Additionally, the document outlines methods for assembling the team like shadow programs, assigning learning coaches, and providing regular performance reviews. It stresses the importance of retention efforts like rewards, acknowledgement programs, and clearly defined career paths to create a motivated and engaged "A" team.
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The document lists details of hotel property sales that occurred in 2013, including the property name, location, number of rooms, estimated sales price, estimated price per room, buyer and seller. Some key sales included the Residence Inn Birmingham Downtown being sold for $20 million, or $155,039 per room, and the Redbury Hotel Hollywood being sold for $34 million, or $596,491 per room. Several high-end Hawaii and Florida beachfront properties sold for over $500,000 per room, such as the Hawks Cay Resort in Florida selling for $755,932 per room. Large urban hotels in cities like San Francisco, New York and Washington D.C. also sold for high prices per room.
The document provides an overview of the hotel industry in the United States and Indiana for January 2014. Key points include:
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This document summarizes a report on the rise of independent Chinese travelers. It finds that the number of Chinese traveling abroad independently rather than on group tours is growing significantly. Independent travelers tend to be younger, wealthier, and more educated than group tourists. They seek unique travel experiences and demand higher standards from hotels, retailers, and destinations. The report provides recommendations for how tourism providers can attract these independent Chinese tourists through Chinese-language websites, social media engagement, and respecting Chinese customs.
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At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
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The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Listing Turkey - Piyalepasa Istanbul CatalogListing Turkey
We are working around the clock to transform a long-time dream into reality. As a result, Piyalepasa Istanbul will be the largest privately developed urban regeneration project in Turkey.
THE NEIGHBORHOOD WE HAVE BEEN LONGING FOR IS COMING TO LIFE
The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
A NEIGHBORHOOD FULL OF LIFE, IN THE HEART OF THE CITY!
“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
https://listingturkey.com/property/piyalepasa-istanbul/
Andhra Pradesh, known for its strategic location on the southeastern coast of India, has emerged as a key player in India’s industrial landscape. Over the decades, the state has witnessed significant growth across various sectors,
36,778 sq. ft. building; Zoning: SE (Suburban Employment): The (SE) District allows numerous commercial site uses; Passenger elevator; Private and common restrooms; Fully sprinkled; Data center with a grounded floor and a specialized HVAC system; 60 KVA back-up generator; Building/pylon signage; Potential to purchase adjacent parcels; Sale Price: $4,413,360
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaonglobalsignature2022
Signature Global TITANIUM SPR launched a high rise apartments in Gurgaon . In this project Signature Global offers 3.5 & 4.5 BHK high rise Apartment at sector 71 Gurgaon SPR Road. Signature Global Titanium SPR is IGBC Gold certified, a testament to our commitment to sustainability.
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptxneilahuja668
Anilesh Ahuja journey is a testament to the power of vision, resilience, and unwavering determination. As a visionary leader, he continues to inspire and empower others to dream big and challenge the status quo. His legacy extends far beyond the realm of real estate, leaving an indelible mark on the industry and the world at large.
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptx
Asset management services brochure
1. LWHA Asset Management
Services
“Bridging the gap between
the real estate investment
objectives and the day to
day performance of hotel
operations”
2. Gary Isenberg
President of LWHA Asset and Property
Management Services
Gary Isenberg currently serves as President of Asset and
Property Management Services for LW Hospitality Advisors. In
Gary’s current role he is responsible for heading up the Asset
Management and Hotel Management Divisions. Gary has over
28 years of diversified Hospitality experience in Hotel
Management, Finance, and Asset Management.
Mr. Isenberg attended Fairleigh Dickinson University and upon
completion of a Bachelor of Science in Business Management
with minors in Corporate Finance and Information Systems,
accepted his first full-time position with ITT Sheraton currently
known as Starwood Hotels and Resorts as a Corporate Trainee.
During his 16 year tenure, he was rapidly promoted over a series
of increasingly responsible positions, handling mergers and
acquisitions, and finance and operational disciplines.
A privately held hotel development, ownership and management
Company, Field Hotel Associates (FHA), recruited Gary to join the
organization as General Manager of the firms flagship property.
Mr. Isenberg was promoted to EVP of Hotel Operations of all of
FHA’s hotel assets, and most recently held the position of Chief
Operating Officer of the company. During his tenure with FHA,
Mr. Isenberg lead the development and opening of several
hotels, spearheaded several re-organization and repositioning
initiatives, and developed and executed numerous revenue
generating and cost cutting programs. Mr. Isenberg has a
demonstrable track record creating and enhancing hotel
property values and maximizing return for owners and
investors.
3. Daniel H. Lesser
CEO of LWHA Asset and Property
Management Services
Daniel H. Lesser, President & CEO of LW Hospitality Advisors and
CEO of LWHA Asset and Property Management Services, brings more
than 30 years of expertise in a wide range of hospitality operational,
investment counseling, valuation, advisory, and transactional
services. He provides services to corporate, institutional, and
individual clients as well as public agencies on all facets of hospitality
real estate including: litigation support and expert testimony, site
evaluation, highest and best use analysis, appraisals for mortgage,
acquisition, and portfolio management, workout strategies,
operational analysis, property tax assessment appeal evaluations,
economic impact studies, deal structuring, and fairness opinions.
Evan Weiss
COO of LWHA Asset and Property Evan Weiss serves as Executive Managing Director, Principal of
Management Services LW Hospitality Advisors, as COO of LWHA Asset and Property
Management Services. He was previously an associate at CBRE
Hotels – Hospitality & Gaming Valuation Advisory Services Group,
where he was awarded Silver and Gold production awards during
each year of his tenure. He also received the Valuation Services
Professional of the Year Award for the Tri-State region in 2007.
Prior to joining CBRE, Mr. Weiss held the executive position of
Director of Operations for CARINO Hotels & Resorts in New York, a
sales and marketing firm representing 75 luxury hotels throughout
the globe.
4. LWHA Asset Management
Services prides itself on maximizing value
and return on investment for its clients by
increasing revenue, minimizing costs and risk. By
unearthing hidden costs, potential revenue
opportunities, and unforeseen threats and or lack
of compliance, through detailed reviews, audits
and analysis LWHA Asset Management Services
successfully enhances and protects the value and
or ROI for its clients.
Services
Asset and Property Oversight
Development Services
Distress Property Services
Internal Control / Accounting Analysis
Lender Services
Operational Review & Analysis
Sales and Marketing Review and Analysis
5. Asset Property Oversight
Although each assignment is custom tailored to meet the specific needs
of the client, our focus remains the same, maximization of value and
return on investment, and minimization of risk. We believe what gets
measured gets done. Therefore, we work in conjunction with local
management on developing reach goals, budgets and action plans
aimed at improving profitability, product and service. We entrust local
management to execute such plans but we verify their performance
through periodic onsite visits, and detailed review and analysis of key
financial and operational reports. Some areas addressed in the asset
management process include:
•Accounts Receivable Aging Assessment
•Balance Sheet Review
•Bank / Cash Account Reconciliation Examination
•Brand Compliance
•Capital Planning and Implementation
•Comprehensive Marketing Plan Review and Analysis
•Cost Control
•Detailed Review of all Operating Departments
•Energy Management Efficiency
•Guest Service Standards Evaluation
•Labor Efficiency Analysis
•Management Contract Compliance
•Profit and Loss Statement Review and Variance Analysis
•Revenue Management Audit
•Safety and Security Standards and Reporting
•A monthly summary of our findings and observations along with an
overall financial recap is reported to ownership
6. Development Services
• Due Diligence
• FF&E Negotiation and Coordination
• Franchise Agreement RFP Process & Negotiations
• General Contractor Contract negotiations
• Liaison between GC, Design & Franchisor
• Loan Funding / Cash Management
• Management Contract RFP Process & Negotiations
• PIP Negotiation & Value Engineering
• Pre-opening Services
• Repositioning and Re-Branding Analysis
• Underwriting / Forecasting
7. Distress Property Services
• Accounts Receivable Aging Assessment
• Balance Sheet Review
• Bank / Cash Account Reconciliation Examination
• Bankruptcy Assistance – US Trustee Filing & Reporting
• Brand Compliance
• Cash Management Review
• Customer Service Improvement Plan
• Detailed Review of all Operating Departments
• Energy Management Efficiency
• Expense Audit – Testing to ensure no expenses outside scope of property
are paid.
• Expense Reduction Analysis
• Expert Witness Testimony
• Guest Service Standards Evaluation
• Internal Control Review
• Labor Efficiency Analysis
• Management Contract Compliance
• Management Skill Assessment
• Payroll Audit
• Process Improvement Operationally & Financially
• Profit and Loss Statement Review and Variance Analysis
• Receivership
• Repositioning Analysis
• Revenue Management Audit
• Third Party Marketing Review
• Third Party Operational Review
8. Internal Control / Accounting Analysis
• Accounts Receivable Aging Assessment
• Balance Sheet Review
• Bank / Cash Account Reconciliation Examination
• Cost Control
• Expense Audit – Testing to ensure no expenses outside
scope of property are paid
• Expense Reduction Analysis
• Internal Control Review – Identify control deficiencies
and make recommendations in order to
• Reduce the Risk of Fraudulent Activity
• Labor Efficiency Analysis
• Management Company Contract Compliance Audits
• Payroll Audit – Testing to ensure only approved and
essential personnel are paid via payroll
9. Lender Services
With the increase in loan defaults and the use of Special
Services LWHA has designed a series of services specific to the
needs of lenders and servicers.
• Balance Sheet Review
• Bank / Cash Account Reconciliation Examination
• Cash Management Agreement / Loan Document Compliance
Audits: Review all cash management agreements and loan
covenants, and conduct a forensic review of the property’s
books and records to ensure compliance
• Court Appointed Receiver Expense Audit: Detailed testing to
ensure no expenses outside scope of property are paid via
Accounts Payable
• Expert Witness Testimony
• Payroll Audit: Testing to ensure no outside personnel are on
the payroll funded by the property
• Third Party Marketing Review: Through interviews with key
management personnel and local market leaders a detailed
report is prepared depicting our fact based opinion on the
Marketing Plan and direction of the property
• Third Party Operations Review: Through interviews with key
management personnel and local market leaders a detailed
report is prepared depicting our findings and observations of
the operational efficiency of the property
10. Operational Review & Analysis
• Benchmarking and Establishing Objectives / Goals
• Brand Compliance
• Capital Planning and Implementation
• Cost Control
• Customer Service Improvement Plan
• Detailed Review of all Operating Departments
• Energy Management Efficiency
• Expense Reduction Analysis
• Forecasting and Budgeting Preparation, Review &
Oversight
• Guest Service Standards Evaluation
• Labor Efficiency Analysis
• Labor Relations
• Management Contract Compliance
• Management Skill Assessment
• Operational Review
• Process Improvement Operationally & Financially
• Profit and Loss Statement Review and Variance Analysis
• Safety and Security Standards and Reporting
• Strategic Planning Analysis
12. Case Study Expertise
Development of a 216 Room Hampton Inn at JFK Airport
Background:
Developer was planning on building a 216 room Holiday Inn Express located near JFK Airport,
and immediately prior to breaking ground changed it to a Hampton Inn. The Hilton acquisition
of Promus, which included the Hampton Inn brand, facilitated this change as the Developer /
Owner had a previous relationship with Hilton.
Role:
•Detail all significant deviations in the building department approved plans as compared to
Hilton specifications
•Negotiate changes with GC and / or Hilton
•Interface and manage the relationship between the Brand, General Contractor, Owners
Representative, and Designer
•Negotiate and manage the Purchasing and Installation of all FF&E
•Perform all pre-opening hiring including management
•Produce and implement a Pre-opening Marketing Plan
•Conduct all pre-opening training
Conclusion:
•The property was completed in less than 12 months of construction
•Hilton modifications were completed within the existing budget
•FF&E was purchased and installed within budget
•Successfully met all the Hilton preopening requirements and the Hotel opened as scheduled
•Reached 100% Rev Par Yield against its competitive set with in the first 4 months of
operations
13. Case Study Expertise
Development of a 220 Room Hampton Inn at LGA Airport
Background:
The Owner of the Crowne Plaza LaGuardia Airport had a parking lot that it used for employees and
decided to develop it into a 220 room Hampton Inn.
Role:
•In conjunction with Architect presented and obtained design approval from Hilton
•Liaison between Hilton Design and Construction, General Contractor, Architect and Interior
Designer
•Managed expeditor and assisted in obtaining all permits and inspection approvals for the
Temporary Certificate of Occupancy
•Managed all Hilton approval submissions and inspections
•Processed and oversaw the construction loan draws and approvals, worked with the lenders
inspector and negotiated payments
•Negotiated and managed the purchasing and installation of all FF&E
•Performed all pre-opening hiring including management
•Produced and implemented a preopening marketing plan
•Conducted all pre-opening training
•Negotiated outsourcing of the housekeeping department
Conclusion:
•Successfully met all the Hilton pre-opening requirements
•Obtained 100% RevPar Yield against its competitive set with in the first 8 months of operations
•Produced 2MM of cash flow in the first year of operation
14. Case Study Expertise
Operational Restructuring of the Sheraton Meadowlands Hotel
Background:
The Sheraton Meadowlands a 425 Room Hotel, with over 20,000 square feet in meeting space. It is located directly
across the street from Giants Stadium at the Meadowlands in Northern New Jersey. The property was not performing
in all aspects of operations and financially, Customer Service Scores were far below acceptable. At a 73% RevPar
Index and the property was hemorrhaging cash with an EBITDA of $350K.
Role:
An LWHA executive participated as a member of the turnaround Management Team, which was assigned the
responsibility of Improving Service, RevPar Performance and Profitability.
Implementation / Restructuring:
•Participated in the recruitment and selection of a new management team for all key operating departments
•Restructured the Sales Organization to shift focus from SMERF and Tour and Travel to the more highly profitable
business of Corporate Group, specifically the pharmaceutical industry
•Implemented Customer Service Training at all levels of the organization
•Implemented P&L Responsibility to the Department head level, and held monthly review meetings with them
•Implemented a Work Order Ticket System for the Engineering Department
•Developed Hotel and then Departmental Goals and Objectives, ensured these were communicated to all levels of the
Organization via meetings and written materials
•Implemented strict revenue management guidelines in order to drive rate and occupancy
•Focused Catering on targeting Fund Raising Dinners in order to create more awareness and to become the first
choice for Social Catering needs
Conclusion:
•Rev Par penetration increased from 73% to 101%
•Guest Service Scores increased and the property was awarded the Chairman’s Award for 6 out of 8 quarters
•As financial performance improved the owners began re-investing in the product via capital projects.
•Employee morale and job performance improved
•EBITDA grew from 350K to over 3MM
15. Case Study Expertise
Preservation of Owners Equity through a Chapter 11 Filing
• Background:
• Two full service hotels, the Holiday Inn JFK Airport and the Crowne Plaza LGA Airport, financed via triple tax exempt
bonds in the amount of 35MM and 50MM respectively; these bonds were publicly traded and held by many of the large
household name mutual funds. Shortly after the perils of September 11, 2001 the properties performance began to
falter, by mid 2003 the debt service reserve had been depleted and the properties were about to default on debt
payments. As a group in 2004 they auctioned the bonds off, the bonds were purchased by a conglomerate of hedge
funds for about 70% of face value, with the intent of foreclosing on the properties, renovating and flipping them for a
significant return. The new bond holders had a receiver appointed without the knowledge of the properties owner. As a
defensive maneuver and an effort to protect equity the owners filed for protection under Chapter 11 of the Bankruptcy
Code. This was a highly contested and litigated case as the bond holders were more concerned with foreclosing and
taking back the properties than being paid.
• Role:
• An LWHA executive was tasked with preserving Owners equity. In conjunction with Legal Council provided leadership,
strategy, and guidance throughout the Chapter 11 filing process.
• Tasks:
• Managed all US Trustee filings and reporting
• Implemented cash budgeting and reporting procedures
• Liaison between local management, council, bond holders and the US Trustees Office
• Provided expert testimony concerning Hotel Operations and local market conditions
• Provided rebuttal witness to bond holder expert witnesses
• Produced Budgets and Performa’s
• Participated in the development of the Plan of Reorganization
• Structured a reorganization plan for the JFK property to have a auction of the property in the Bankruptcy Court
• Conclusion:
• Plan of Reorganization for the LGA property was confirmed and approved by the court
• Owner’s equity of the LGA property was preserved
• Negotiated new debt on the LGA property and the Bond Holders were taken out
• The JFK property was sold via the auction at 5MM over the appraised value
• Deal was structured to defer recapture and capital gains regarding the JFK property for the Owner
• All secured and unsecured creditors were paid off for both properties
16. Case Study Expertise
Repositioning and Implementation of Marketing Plan for the
Crowne Plaza LGA
Background:
•The 358 room Crowne Plaza at LaGuardia Airport had recently undergone a room’s soft goods renovation and
the Owner was unhappy with the financial performance. The property was running about 90% of the Market as it
related to RevPar, which was about the same performance prior to renovations.
•The property was also falling short as it related to Customer Service Scores, out of all Crowne Plaza Hotels
nationwide this property had the worst scores in the system; it was dead last in ranking.
Role:
An LWHA executive was assigned the duty of repositioning the hotel from a Sales and Marketing perspective, and
improve Customer Service Delivery.
Repositioning / Marketing Plan Implementation:
•Toured the competitive set with local management and sales team, and developed a SWOT analysis
•Detail review of the Group Rooms Control Log, identifying peak period and placing restrictions on such periods
in order to ensure revenue was maximized
•Reviewed all Local Negotiated Rates and production. Identified non producing accounts and increased such rates
•Identified from history nights where compression in the market place existed, which was approximately 150
nights annually. Placed significant rate controls on those nights which were primarily Monday, Tuesday and
Wednesday nights
•Eliminated the practiced of matching competitor group room bids mid week
•Re-allocated the sales force to align with current market trends and plan
Guest Service Improvement Plan Implementation:
•Identified top repeating guest issues from the Customer Service Surveys and developed action plans to
eliminate such complaints
•Implemented customer Service Training throughout the organization
•Introduced a work order ticket process to identify and correct common maintenance items
•Conducted periodic property tours to identify areas in need of repair and cleaning
•Implemented a Customer Service Complaint follow-up system and recognition for employees whom were
complimented by the guest
Conclusion:
•RevPar Index increased from 90% to 110% within 6 Months
•Daily rates mid week were as high as 229.00 per night including a 100 crew rooms at a rate of about $100 per
night
•Increase in Net Operating Profit of approximately 1.5MM, which was a 35% increase over prior year
•Increased Guest Service Ranking from the last to above the brand average
17. Case Study Expertise
Value Engineered and Renegotiated Hilton Conversion PIP for the Crowne
Plaza LGA
Background:
The Owner of the Crowne Plaza LaGuardia Airport had a PIP from Hilton to convert the existing Crowne Plaza LGA
to a full service Hilton at an estimated cost of 20MM.
Role:
An LWHA executive was assigned the duty of value engineering the Hilton PIP and renegotiating the details of the
PIP with Hilton.
Value Engineering and Renegotiation:
•Conducted a detailed review of the PIP identifying areas of high cost concern. These items were reviewed in
great detail and alternative plans were developed
•Successfully arranged a tour at the property with the Brand Manager for Hilton to review the existing PIP and our
recommendations. Our recommendations were successfully approved by the Brand Manager
•Obtained several proposals from designers and contractors; we evaluated and recommended the most cost
efficient bids
•Negotiated a very favorable case good pricing
•Prepared two sample rooms and obtained final Hilton Approval on all guest room modifications
Conclusion:
•Hilton PIP was renegotiated and priced at a cost of 11.5MM, which equates to over a 40% savings
•Franchise agreement was negotiated with an owner favorable ramp up in Franchise Fees
18. Asset and Property Management Services
570 Seventh Avenue, Suite 805
New York, NY 10018
United States of America
T 212.300.6684
www.lwhospitalityadvisors.com
Gary Isenberg
President LWHA Asset and Property
Management Services
212.300.6684 extension 108
gary.isenberg@lwhadvisors.com