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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
This document lists national real estate and hospitality clients. It includes over 50 real estate clients such as Alexandria Real Estate Equities, American Realty Advisors, Apple REIT, and Brandywine Realty Trust. It also lists over 20 hospitality clients including American Liberty, Choice Hotel International, Hilton Times Square, Intercontinental Hotels Global Program, and Loews Hotels.
Banker's Academy is a global provider of training solutions for the financial services industry with over 25 years of experience. They have partnered with over 2,500 clients worldwide across banks, credit unions, and money service businesses. Their services include an extensive e-learning library, customized training courses, learning management systems, and consulting services. Their goal is to provide superior educational programs to help clients achieve their business goals by maximizing their workforce.
Banker's Academy is a leading global provider of training solutions for the financial services industry. They have over 25 years of experience partnering with over 2,500 clients worldwide. Their comprehensive e-learning library and customized courses help clients achieve their business goals by maximizing their workforce through superior educational programs.
Quorum Hotels & Resorts is an independent hotel management company founded in 1987 that has since managed over 163 hotels. They provide hotel management, asset management, and consulting services. The company was founded by senior executives with experience from major hotel brands and has consistently ranked in the top 10 management companies in North America.
The document discusses Certificate of Deposit Account Registry Service (CDARS), a program that allows banks to offer their customers FDIC insurance on deposits over $250,000 by placing funds in amounts under $250,000 across multiple participating banks. It provides an overview of CDARS, including its founders and board, mechanics of how it works to provide expanded FDIC coverage, products offered, and benefits for both customers and participating banks.
This document provides an overview of SettlementOne Valuation Company, including their values, principles, operating departments, leadership, and compliance programs. Some key points:
- SettlementOne aims to be the market leader and innovator of choice in the appraisal and valuation industries. Their principles include excellence in service, operational efficiency, continual improvement, valuing partnerships, and corporate responsibility.
- Their operating departments oversee functions like panel management, operations, quality assurance, and technology to provide full service valuation solutions. Department leaders have extensive experience in appraisal operations and management.
- SettlementOne helps lenders maintain compliance with appraisal regulations through resources that streamline operations according to guidelines from Fannie Mae, Freddie Mac
The document summarizes the proceedings of the 2011 Cornell Hospitality Service Innovation Roundtable. The roundtable examined mechanisms for service innovation in the hospitality industry and specific innovations aimed at improving the guest experience, including interactions with employees and addressing technical issues. Many hospitality firms are focusing on innovation to enhance guest satisfaction, boost revenues, and increase participation in loyalty programs. Metrics for service innovations include improved customer satisfaction scores and cost savings from more efficient guest service processes.
This document summarizes discussions from the 2011 Cornell Hospitality Service Innovation Roundtable. Many innovations focused directly on improving the guest experience. Marriott discussed improving the lobby experience through its "great room" concept. Wyndham emphasized sustainability initiatives through its Wyndham Green program. Data analytics and social media were discussed as sources of innovative ideas. Successful innovation requires a data-driven approach as well as tenacity to overcome challenges in implementing new ideas. Measuring the impact of service innovations can be difficult but metrics like customer satisfaction, loyalty program participation, and cost savings were cited. Throughout the process of innovating, both support and resistance must be addressed.
This is a overview of the business of banking, including retail, business and investment banking. We have also included introductions to other financial services like credit cards, credit rating agencies, mutual funds and the business processes used to process loan transactions, credit card payments, and a range of other banking services and products. Useful for anyone who would like an overview of the banking industry. Downloads will be allowed for 30 days. After that you can contact me if you would like the file.
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.
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.
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.
This document lists national real estate and hospitality clients. It includes over 50 real estate clients such as Alexandria Real Estate Equities, American Realty Advisors, Apple REIT, and Brandywine Realty Trust. It also lists over 20 hospitality clients including American Liberty, Choice Hotel International, Hilton Times Square, Intercontinental Hotels Global Program, and Loews Hotels.
Banker's Academy is a global provider of training solutions for the financial services industry with over 25 years of experience. They have partnered with over 2,500 clients worldwide across banks, credit unions, and money service businesses. Their services include an extensive e-learning library, customized training courses, learning management systems, and consulting services. Their goal is to provide superior educational programs to help clients achieve their business goals by maximizing their workforce.
Banker's Academy is a leading global provider of training solutions for the financial services industry. They have over 25 years of experience partnering with over 2,500 clients worldwide. Their comprehensive e-learning library and customized courses help clients achieve their business goals by maximizing their workforce through superior educational programs.
Quorum Hotels & Resorts is an independent hotel management company founded in 1987 that has since managed over 163 hotels. They provide hotel management, asset management, and consulting services. The company was founded by senior executives with experience from major hotel brands and has consistently ranked in the top 10 management companies in North America.
The document discusses Certificate of Deposit Account Registry Service (CDARS), a program that allows banks to offer their customers FDIC insurance on deposits over $250,000 by placing funds in amounts under $250,000 across multiple participating banks. It provides an overview of CDARS, including its founders and board, mechanics of how it works to provide expanded FDIC coverage, products offered, and benefits for both customers and participating banks.
This document provides an overview of SettlementOne Valuation Company, including their values, principles, operating departments, leadership, and compliance programs. Some key points:
- SettlementOne aims to be the market leader and innovator of choice in the appraisal and valuation industries. Their principles include excellence in service, operational efficiency, continual improvement, valuing partnerships, and corporate responsibility.
- Their operating departments oversee functions like panel management, operations, quality assurance, and technology to provide full service valuation solutions. Department leaders have extensive experience in appraisal operations and management.
- SettlementOne helps lenders maintain compliance with appraisal regulations through resources that streamline operations according to guidelines from Fannie Mae, Freddie Mac
The document summarizes the proceedings of the 2011 Cornell Hospitality Service Innovation Roundtable. The roundtable examined mechanisms for service innovation in the hospitality industry and specific innovations aimed at improving the guest experience, including interactions with employees and addressing technical issues. Many hospitality firms are focusing on innovation to enhance guest satisfaction, boost revenues, and increase participation in loyalty programs. Metrics for service innovations include improved customer satisfaction scores and cost savings from more efficient guest service processes.
This document summarizes discussions from the 2011 Cornell Hospitality Service Innovation Roundtable. Many innovations focused directly on improving the guest experience. Marriott discussed improving the lobby experience through its "great room" concept. Wyndham emphasized sustainability initiatives through its Wyndham Green program. Data analytics and social media were discussed as sources of innovative ideas. Successful innovation requires a data-driven approach as well as tenacity to overcome challenges in implementing new ideas. Measuring the impact of service innovations can be difficult but metrics like customer satisfaction, loyalty program participation, and cost savings were cited. Throughout the process of innovating, both support and resistance must be addressed.
This is a overview of the business of banking, including retail, business and investment banking. We have also included introductions to other financial services like credit cards, credit rating agencies, mutual funds and the business processes used to process loan transactions, credit card payments, and a range of other banking services and products. Useful for anyone who would like an overview of the banking industry. Downloads will be allowed for 30 days. After that you can contact me if you would like the file.
Hotel Capital. Who's Checking In and Out in the Investment WorldVirtual ULI
- Hotel fundamentals have improved in the US, with demand increasing and new supply stabilizing. However, ADR recovery is lagging behind occupancy gains.
- US hotel transaction volume in 2010 YTD increased over 200% compared to the same period in 2009. REITs are the dominant buyers, while owner/operators and private equity are significant sellers.
- Equity capital remains abundant from various investor types seeking high-yield returns. However, debt financing is gradually becoming more available due to improving underwriting standards and low interest rates, though still selective. Upcoming CMBS loan maturities will need to be addressed starting in 2011.
Ten principles for designing an effective customer reward programMarinet Ltd
This document provides 10 principles for designing an effective customer reward program. It summarizes that reward programs are meant to create loyalty but have proliferated with little evidence they build loyalty. It recommends identifying effective program components and offering principles for hospitality managers to design more effective programs. Key points include genuinely rewarding guests, differentiating programs from competitors, and reevaluating tier requirements for continued participation. The principles aim to help managers lead conversations on improving programs.
Callison provides master planning services for a wide range of project types globally including mixed-use developments, corporate campuses, retail centers, hotels and resorts, healthcare facilities, and new communities. The document highlights several example master planning projects Callison has completed, such as Al Reem Island in Abu Dhabi, Cairo Festival City in Egypt, and a 370-acre residential master plan in Chennai, India. Callison's process integrates location, site conditions, economics, zoning, and client needs to create places that achieve financial goals and meet user needs.
The document summarizes a lender owned real estate platform for managing and marketing bank owned assets. It describes how lenders are facing an unprecedented number of distressed commercial assets. To handle this volume, lenders will need to change their methods for managing other real estate owned properties. Those that adapt proactively will survive, while others may not. The platform allows lenders to monitor assets, reduce time to sell, market effectively, and provide comprehensive management.
How can Sustainable Travel International and Travel Oregon use push marketing to increase lodging partner participation in the Oregon Travel Philanthropy Fund (OTPF)? The answer lies with Tip O'Neill's famous quote: "All Politics Is Local."
This document provides an agenda and details for the 18th Annual Acquire or Be Acquired Conference taking place January 29-31, 2012 in Phoenix, Arizona. The conference will provide bankers with advice and strategies for growth, M&A insights, capital formation strategies, and networking opportunities. Keynote speakers will include bankers and industry leaders sharing their expertise. Breakout sessions on the first day will cover M&A simulations, strategic options for smaller banks, and strategies for community bank relevance.
Our company is founded on integrity, passion and commitment. We offer preconstruction services, general contracting, construction management and design-build services tailored to meet our clients' specific needs. We have worked on projects for National Alabama Corporation, Caribe Condominiums, The Borgata Hotel Casino and Spa, The Water Club Hotel and Spa, Jackson State University Walter Payton Building, GSA Jackson Federal Courthouse, Isle of Capri Casino, Marbella Condominiums, Nissan, Diversified Technology, Inn on Biltmore Estate, Saint Jude Children’s Hospital, The Golden Moon Resort and Casino, Mississippi Telecommunications, Bass Pro Shops, Mississippi Braves Stadium, Beach Club Res
The future of revenue management cornell universityGabriela Otto
The document discusses how revenue management in hotels will evolve in the future to become more strategic and supported by advanced technology. It predicts that revenue management will be applied to more areas beyond rooms, such as function space, spas, restaurants, and golf courses. As a result, revenue management will become a more central department within hotel operations, directly overseen by the general manager. Future revenue managers will need strong analytical, leadership, and communication skills to handle the expanded scope and strategic nature of the role. Metrics may shift from a room-focused RevPAR to ones incorporating total revenue or profit.
This document outlines the mission and goals of the Northern Lights Resort/Casino project, which aims to construct a destination resort and casino that reflects Ojibwe culture and can compete regionally. It then provides overviews of three firms for the project - Shingobee, an Native American-owned construction firm with extensive casino experience; Adolfson & Peterson, a national design and construction firm; and Walsh Bishop, an architecture and interior design firm specialized in entertainment and hospitality projects. Their experiences on various casino, hotel, and resort projects are highlighted.
Brand segmentation in the hotel and cruise industriesMarinet Ltd
Brand Segmentation in the Hotel and Cruise Industries: Fact or Fiction?
An analysis of a consumer database calls into question the idea, common among academic
observers, that market segmentation can work as a grand strategy for either cruise lines or
for hotel brands. In pursuing a market segmentation strategy, a brand would focus its efforts
on a discrete group of consumers to the exclusion of other groups. In so doing, that brand
would attempt to forestall that set of customers from doing business with competitors. Using data
drawn from a sample of over 40,000 respondents in the United States, this study finds no such exclusivity
for large market segments. One reason for this is that hotel and cruise markets are not sufficiently
segmented for such a strategy to succeed.
D2 Advisors is a real estate capital advisory firm established in 1988 that specializes in structuring joint ventures to provide institutional quality real estate investments. They focus on deals between $15-100 million and work with experienced real estate operating companies. D2 Advisors develops investment opportunities, structures deals, organizes due diligence materials, and helps clients identify potential investors. They have worked with various large real estate firms and financial institutions.
Similar to Horwath HTL - Hotel, Tourism, and Leisure (20)
2. Horwath HTL Office Locations
San Francisco, CA – U.S. Corporate Headquarters
U.S. Offices Horwath HTL Offices Worldwide
Atlanta, GA 50 Hospitality Offices in 30 Countries
Dallas, TX
Denver, CO
Crowe Horwath International
Los Angeles, CA
C.P.A. Offices
Miami, FL
380 Offices Worldwide
Phoenix, AZ
2
3. Horwath HTL – U.S. Professional Staff
Western Region Eastern Region
Joel Hiser - Principal Mark Beadle – Principal
Veno Nathraj – Principal Steve Taylor – Managing Director
Tony Dimond – Principal
Corey Limbach – Managing Director Central Region
David Dean – Managing Director
John Montgomery – Sr. Managing
James Burkhouse – Managing Director Director
Vijay Naik – Managing Director Rick Besse – Sr. Managing Director
Albert Yu – Director Bill Kottenstette – Managing Director
Florida Booth – MAI
Yatish Nathraj – Associate Broker
Greg Garver – Associate Broker
3
4. Client Representation – Partial Listing
Hotel Companies Owner/Development Companies
Accor Hotels Amstar Group
American Property Management California Mortgage & Realty, Inc.
Canyon Country Hospitality City of Austin, Texas
Destination Hotels & Resorts City of San Jose, CA
Hilton Hotel Corporation City of Sacramento, CA
InterContinental Hotel Group Continental Development
Interstate Hotels & Resorts County of Los Angeles, CA
Kor Hotel Group Columbus Properties
Marriott Hotels & Resorts Hines Development
Millennium & Copthorne PLC Jackson Hole Resort Corporation
Omni Hotels John Hancock Insurance
Outrigger Hotels & Resorts Kawasaki Enterprises, Inc.
Pacifica Hospitality LNR Properties
Prime Hospitality Corporation Morgan Stanley Real Estate Fund
Regal Hotels International Metropolitan Life Insurance
Richfield Hospitality Services The Opus Group
Starwood Hotels & Resorts
Wyndham International
4
5. Client Representation – Partial Listing
Financial Institutions
Aetna Realty Investors, Inc. Hong Kong Shanghai Bank
Anglo Irish Bank Industrial Bank of Japan
Bank Midwest John Hancock Life Insurance
Bank of America Midland Bank
Bank of the Redwoods Mitsui Bank and Trust
Bank of Egypt Mutual of New York
California Federal Bank ORIX
Canyon Capital Realty Advisors PNC Bank
Central Pacific Bank Prudential Insurance
Connecticut General Life Insurance Rockbridge Real Estate Fund
Essex Trust Royal Bank of Scotland
Federal Deposit Insurance Corp. Saehan Bank
Glendale Federal Bank Scotia Capital
GMAC Temecula Valley Bank
Grand Pacific Financial Corp. US Bancorp
Hall Financial Group Wells Fargo Bank
Hibernia Bank Zurich Insurance
5
6. Horwath HTL Company Profile
Horwath HTL is a full service real estate company focused
exclusively on the hospitality industry. We offer our clients a
strategic array of value enhancing services including:
Asset Management Services
Receivership and Trustee Services
Hospitality Real Estate Consulting
Valuation/MAI Appraisals and Litigation Support
Project Management
Affiliated Company Services:
Hotel Brokerage
Hospitality Property Management
Hotel Financing
6
7. Asset Management Services
As asset managers we act to ensure that all interests of the
owners are protected
Oversight of existing management company
Property reviews including local hotel market overview and
competitive strengths and weaknesses
Compliance reviews of leases, franchise and management
agreements, loan documents, etc.
Management and franchise company selection services and
contract negotiation
Capital expenditure project review, approval and implementation
oversight
Service contract and lease negotiation
7
8. Receivership Services
As court appointed receivers we act in the best interest of a
property’s creditors to ensure that their financial interests are
protected and correctly accounted for.
We provide oversight of the management company and its day
to day operation of the property.
Where appropriate we negotiate with franchise companies to
postpone or delay any scheduled product improvement plans
as well as any punitive actions planned on their part.
Over 60 receivership assignments including individual hotels,
inns, resorts and hotel portfolios.
8
9. Receivership/Asset Management Assignments
Colorado Minnesota N. Dakota Illinois New York
Hilton Hotel South, Denver Radisson South, Minneapolis Dakota Inn, Jamestown Park Hyatt, Chicago Omni Berkshire Place, New York City
Millennium Harvest House, Millennium Hotel, Minneapolis Sheraton Walden, Schaumberg UN Plaza Hotel, New York City
Boulder Knickerbocker Hotel, Chicago Sheraton, Buffalo
Comfort Inn, Vail Washington Howard Johnson, Colonie
Quality Inn, Colorado Springs Sheraton, Tacoma Wisconsin Michigan New Hampshire
Charter at Beaver Creek, Vail Marriott, Milwaukee Hilton Hotel, Troy Hilton, Merrimack
Utah Kansas Indiana Massachusetts
Hilton, Salt Lake City Doubletree, Clarion Resort & Marina, Omni Parker House, Boston
Comfort Inn, Salt Lake City Overland Park Monroe Bostonian Hotel, Boston
Nevada Four Seasons, Boston
Bourbon St. Hotel & Casino, New Jersey
Las Vegas Marriott, Somerset
Northern California Ohio
Hayes Mansion Conference Marriott, Cleveland
Center, San Jose Mariott, Columbus East
Marriott, San Francisco Airport Millennium, Cincinnati
Hyatt Regency, Burlingame Four Points, Cincinnati
Biltmore Hotel, Santa Clara Aurora Inn, Aurora
Westin Hotel & Convention Center, Santa Clara Westin, Columbus
Four Points, San Rafael Residence Inn, Columbus
The Donatello Hotel, San Francisco Washington, D.C.
Holiday Inn, San Rafael Park Terrace Hotel
Hilton, Sunnyvale Missouri
Clarion, Sacramento Millennium, St. Louis
Residence Inn, Sacramento Doubletree, St. Louis
Tennessee
Millennium Maxwell House, Nashville
Southern California Arizona Arkansas Alabama Days Inn, Nashville
Loews Coronado Bay Hotel, San Diego El Conquistador, Tucson Residence Inn, Little Rock Marriott, Pt. Clear Residence Inn, Nashville
Biltmore Hotel & Office Tower, Los Angeles Park Inn, Tucson Hampton, Little Rock Marriott, Huntsville Marriott, Nashville
Doubletree Hotel & Marina, San Pedro Quality Inn, Phoenix Hampton, Birmingham North Carolina
Marriott, Los Angeles McCormick Ranch Resort, Scottsdale New Mexico Marriott Crabtree Valley, Raleigh
Marriott, Long Beach Renaissance, Mesa El Dorado Resort, Santa Fe Florida Hyatt Regency, Winston-Salem
Embassy Suites, Buena Park Sheraton, Tempe Hampton, Albuquerque Sheraton, Key Largo Sheraton, Durham
Holiday Inn, Buena Park Plaza Hotel, Tucson Bonaventure Resort and Spa, Foxfire Resort, Pinehurst
Quality Inn & Suites, Lompoc Embassy, Phoenix Ft. Lauderdale Ramada, Fayetteville
Marriott, Ontario Embassy, Tempe Marriott Sawgrass, Ponte Vedra South Carolina
Radisson, La Jolla Hilton Hotel, St. Petersburg Hilton, Greenville
Residence Inn, Ontario Texas The Mutiny Hotel, Miami Georgia
Holiday Inn Express, Rancho Cucamonga Hyatt Regency, Austin Marriott West Shore, Tampa Hyatt Regency Ravinia, Atlanta
Ramada, Indian Wells Mariott Quorum, Dallas Hilton Garden Inn, Tampa North Country Inn & Suites, Atlanta
Ramada Suites, Santa Maria Four Seasons, San Antonio Radisson River House, Miami Hampton Inn, Atlanta
Sheraton LAX, Los Angeles Four Seasons, Houston Park Inn & Suites, Bradenton Holiday Inn, Albany
Marriott Riverwalk, San Antonio Sheraton, Kissimmee Holiday Inn, Brunswick
Hilton Hotel Dallas Parkway, Dallas Residence Inn, Altamonte Springs
Park Central Marriott, Dallas Sheraton, New Port Richey
Sheraton Park Central, Dallas Hilton, Gainesville
Holiday Inn, Dallas Hilton, St. Petersburg
Clarion, Ft. Worth
Hawaii Radisson Crest, Austin
The Ilikai, Waikiki Hampton Inn, Dallas
Outrigger Ala Wai Tower, Waikiki Sheraton Mockingbird, Dallas
Seaside Suites, Waikiki Marriott Park Central, Dallas
Tradewinds, Waikiki
Ala Wai Gateway, Waikiki
Marriott Resort, Kona Coast
Outrigger Waikiki, Honolulu
Outrigger Reef, Honolulu
Outrigger East, Honolulu 9
10. Receivership Assignments
Portfolio of 10 Days Inns
Westin Hotel and Convention Center
Santa Clara, CA Hyatt Regency Bonaventure Conference Center
Weston, FL
10
11. Hospitality Real Estate Consulting
Our staff of consultants have extensive operational,
marketing and revenue management experience and can
provide a variety of hospitality asset related services.
Market feasibility studies and financial projections
Monthly and annual operating cash flow estimates
Repositioning strategies and analysis
Due diligence reviews and underwriting
Financial analysis
11
12. Consulting Assignments
Hyatt
Regency
Denver
Grand Hotel Marriott Resort
Point Clear, AL
InterContinental
Hotel
San Francisco
Four Seasons
Resort
Jackson Hole
12
13. Valuation and MAI Appraisals
Asset Valuations
FIRREA Appraisals
Broker Opinions of Value
Asset Allocation
Litigation Support
Seasoned Industry Professionals
Certified Public Accountants
MAI and Valuation Services
13
14. Valuation Assignments
Aloft Hotel – Franklin, TN
Hotel Valencia
San Jose, CA
Resort at Squaw Creek, Olympic Valley, CA
14
15. Project Management/Development
Development completion or PIP renovation
Oversight of the following:
• GC and sub-contractors
• Architectural and engineering team
• Interior design team
• Purchasing agent
• FF&E installation
Approval of necessary change-orders
Approval of project draws
Selection of a brand and management company
Ensure that the project is completed on time and within budget.
15
16. Project Mgmt. Assignments
Sheraton Parkway 75 – Atlanta, GA
The Charter at Beaver Creek
Beaver Creek, CO
Millennium Bostonian Hotel – Boston, MA
16
17. Brokerage Services
Our associates were first trained in the hotel industry
and then transitioned to real estate brokerage.
We become intimately familiar with the listed hotel
asset.
We develop complete and thorough offering
memorandums.
We conduct all property tours in person.
We relay current market conditions to our clients in an
effort to inform and not persuade.
All associates work as one team and all are fully
knowledgeable of all details of each assignment
undertaken.
17
18. Brokerage Marketing Methods
Direct mail
Trade shows
Internet listings
Shared database
Utilize international offices to identify foreign buyers
Share information among divisions to support cross
selling worldwide
18
19. Completed Select Service Transactions – Partial List
Colorado Illinois Michigan
Comfort Inn, Avon Ramada Hotel, Oakbrook Terrace Hampton Inn, New York
Quality Inn, Colorado Springs (Chicago) Sault Ste. Marie Best Value Inn, Buffalo
Hampton Inn, Colorado Springs Best Western, Schaumberg Holiday Inn Express,
Western Inn, Denver Ramada Inn, Bloomington Poughkeepsie
Candlewood Suites, Rockford
Utah Ohio Massachusetts
Microtel, Salt Lake City Indiana Pine Lake Club Days Inn, Burlington
Comfort Inn, Salt Lake City Days Inn, Sellersburg
Best Western, Delta New Jersey
Best Western, Piscataway
Northern California
Holiday Inn Express, Corning Maryland
AmeriSuites, Dublin Ramada Hotel, Annapolis
Cartwright Hotel, San Francisco
Roadway Inn, South Lake Tahoe Kentucky
Holiday Inn Express, Tracy Best Western, Lexington
Holiday Inn Express, Sacramento
Quality Suites, Millbrae Tennessee
Comfort Inn, San Mateo Residence Inn, Nashville
Orchard Garden Inn, San Francisco Days Inn, Nashville
Comfort Inn & Suites, Crescent City Continental Inn, Nashville
Southern California Missouri
Anaheim Lodge, Anaheim Hampton Inn, St. Louis
Holiday Inn Express, Century City Independent, Kansas City
Ramada Inn, Santa Ana
Comfort Inn & Suites, Anaheim Arizona North Carolina
Radisson CI & S, Ontario Best Western, Green Valley Sleep Inn, Yadkinville
Desert Inn, Lancaster Comfort Inn, Phoenix Mississippi
Saddleback Inn, Norwalk Howard Johnson, Tucson Biloxi Beach Resort, Biloxi Georgia
Days Inn, Banning Travelodge Metro Center, Phoenix Holiday Inn Express, Gulfport Holiday Inn Express, Baxley
Hampton, Arcadia Park Inn, Phoenix Holiday Inn Express, Biloxi Comfort Inn, Atlanta
Econolodge, National City Motel 6, Phoenix Microtel Inn & Suites, Meridian Residence Inn Perimeter, Atlanta
Days Inn, Barstow Independent, Phoenix Hampton Inn (Northlake), Atlanta
Fairfield Inn, Ontario Alabama Best Western, Savannah
Best Western, Blythe Best Western, Montgomery
Economy Inn, Blythe Texas Ramada Inn, Madison Florida
Hampton Inn, Anaheim Hampton Inn, (Addison) Dallas Residence Inn, Altamonte Springs
Travelodge, Buena Park Days Inn, Irving Oceanside Inn, Cocoa Beach
Best Western, Ontario Tradewinds Motor Hotel, Wichita Falls Island Inn, St. Augustine
Holiday Inn Express, Hillsboro Park Inn, Bradenton
Ramada Inn Midtown, Ft. Worth Wynfield Inn, Kissimmee
Holiday Inn Express, Abilene Wynfield Inn, Orlando
TownPlace Suites, Plano Independent, Miami Beach
Independent, Miami Beach
Hawaii
Seaside Suites, Waikiki
Ala Wai Terrace, Waikiki
19
20. Completed Full Service Transactions – Partial List
Minnesota N. Dakota New York
Millennium Hotel, Minneapolis Dakota Inn, Jamestown UN Plaza Hotel, New York
Colorado Hilton Airport, Minneapolis Four Seasons, New York
Millennium, Boulder Holiday Inn Central, Bloomington Illinois Four Points, Buffalo
Millennium Knickerbocker, Chicago
Utah Michigan Connecticut
Sheraton, Salt Lake City Hotel St. Regis, Detroit Wisconsin Radisson, Enfield
Holiday Inn, Salt Lake City Sheraton Inn, Detroit Holiday Inn Centre City, Green Bay
Iowa Holiday Inn, Hurley Massachusetts
Northern California Holiday Inn, Des Moines Bostonian Hotel, Boston
InterContinental Hotel, Holiday Inn, Muscatine
San Francisco New Jersey
Hilton, Sacramento Sheraton Hotel, Newark
Radisson Airport, San Jose
Orchard Garden Inn (land), SF Indiana
Hotel Valencia (land), San Jose Clarion Hotel & Marina,
Clarion, Sacramento Bloomington
Holiday Inn, San Rafael Ohio
Quality Inn & Suites, San Mateo Millennium, Cincinnati
Aurora Inn, Aurora
Southern California
Four Points by Sheraton, San Diego Tennessee
Biltmore Hotel & Office Tower, LA Regal Maxwell House, Nashville
Radisson LAX, Los Angeles
Marriott Hotel, Ontario Missouri
Holiday Inn, Thousand Oaks Park Place Hotel, Kansas City
Best Western, Long Beach Quality Inn, St. Charles
Sheraton Mission Valley, San Diego Doubletree, St. Louis
Radisson, La Jolla Arkansas Millennium, St. Louis
Arizona Holiday Inn, Alabama
McCormick Ranch Resort, Scottsdale Arkadelphia Holiday Inn, North Carolina
Radisson Hotel, Scottsdale Homewood Sheraton, Durham
Texas Louisiana Georgia
Radisson, Dallas Mississippi Holiday Inn, Metarie Georgian Terrace, Atlanta
Wyndham, San Antonio Holiday Inn, Gulfport Best Western, Valdosta
Holiday Inn, Dallas Holiday Inn Airport, Gulfport
Hawaii Clarion, Ft. Worth Florida
Marriott Wailea Resort, Maui Radisson, Austin Hilton Garden Inn, Tampa North
Parkside Hotel, Waikiki Holiday Inn Lubbock South, Lubbock Four Points, Kissimmee
Doubletree Alana, Waikiki Holiday Inn, Pecos Inn on the Beach, Daytona Beach
Outrigger Luana, Waikiki Crowne Plaza, San Antonio Holiday Inn, Plantation
Holiday Inn, Jacksonville
Dominican Republic
Canoa Coral Resort, Dominican Republic
Hamaca Coral Resort, Dominican Republic
Marien Coral Resort, Dominican Republic
20
21. Brokerage Assignments
Maxwell House
Nashville, TN
Radisson - Springfield, CT
Four Seasons
New York
Hilton Garden Inn – Tampa, FL Fairfield Inn – Ontario, CA
21
22. Why Choose Horwath HTL
We partner with our clients.
We recruit only experienced industry professionals.
We inform and involve every team member.
We communicate constantly.
We always work as a team.
We have a national network with worldwide reach.
We get results!
22