Paramount Lodging Advisors provides the highest level of value enhancement services based on our years of operations, development and transaction experience. Shown below is more information on our services.
The key elements we focus on are:
- Revenue performance
- Expense management and control
- Brand and Franchise issues
- Capital Expenditure considerations
- Legal and Safety compliance
- Capital Structure and Refinancing
We have never had a Hotel Value Enhancement client cancel an engagement with us (and we hope to keep that track record perfect!).
What We Provide
In addition to an In-Depth Initial Review of the Hotel, we review all monthly performance indicators and provide a quarterly Asset Manager Scorecard with an action plan for managers to implement suggestions.
Additionally, we conduct Safety and Security Audits, Marketing Audits and Utility Audits of the property on a regular basis to ensure optimal operations.
This is a concise, 10 page, easy-to-read report that tells you:
Our approach to consulting is straightforward:
You ask the Question - We Provide The Answer
These questions may look something like this:
We can help you determine if you should build your hotel and what exactly you should develop.
We study the market, demand generators, and competitive landscape and determine the overall feasibility of a hotel and the optimal size. We create a development budget, financing assumptions, pro-forma projections and investment returns.
The analysis will be developed based on the creation of a construction budget and Furniture, Fixture and Equipment budget, interaction with General Contractors, Franchisors, Lenders and industry professionals, as well as market data.
Brand and Management Selection
Hilton - Marriott - Starwood - Hostmark - Interstate
We evaluate all hotel franchise brand options available and review capital requirements versus forecasted performance for each to determine optimal branding for the hotel. We then recommend the appropriate branding course of action based on this risk and return analysis.
The same critical analysis is completed in the management company selection process.
Each consulting engagement is unique. Shown here are summaries of some of our past engagements.
- RUKH Development
Our clients say it best. Read more about what our clients have said about working us.