Our impartial and independent Hotel Assessment Tool analyzes thousands of lodging success metrics as well as industry benchmarks for an individual hotel or for a group of hotels.  This proprietary tool is the nucleus for all of our consulting and management services.  This onsite property examination reviews, assesses and sets out corrective actions for a broad range of metrics in four categories; 1.) Operational Process & Procedure; 2.) Business Development; 3.) Capital Expenditures; and 4.) Financial Management.   

Detailed examination of the functions, practices, policies and procedures of all operating departments including human resources, general management, accounting, front office, housekeeping, facility maintenance, food service, business development and security are conducted including a review of the hotel(s)’ leadership.  A thorough analysis of the collected data is then undertaken by our executive team.  A formal Success Plan is established laying out the course required for significant operational and financial improvements. 

Our assessment is ideal for lending institutions’ real estate owned departments that find themselves suddenly responsible for underperforming lodging assets.  The assessment provides a viability appraisal that determines the strategic short and long term courses of action for the most cost effective disposition of the asset. 

For lodging owners or for those owners employing a management firm the Hotel Assessment Tool provides an independent “third-party” review that can ensure that the hotel’s full interests are being served, that the hotel has identified its best market position and that the team is maximizing the profit potential of the asset.  We can identify new efficiencies, reduce owner’s liability and increase revenues and profitability. 

For lodging franchise companies this exhaustive analysis can identify lacking core competencies of the franchisee while closely examining the proficiency of the operator, its team and its operations and resulting in setting out a product, service and business development improvement plan.

In summary, the Hotel Assessment Tool identifies and exploits the opportunities available to the lodging asset.

To learn more about our Hotel Assessment Tool contact us at BSax@SHGonline or 877-744-4744.