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Hotel Asset Management
WINGRO is a game changer in Hotel Asset Management.
Over the last years the focus of Hotel Asset Management has shifted from a focus on cost control only to also driving ADR, Occupancy, REVPAR and GOPAR. Besides this shift-in-focus the market place too is growing greatly competitive and complex for which consultation from experts is a prime need. Our team of business development and consulting experts specializes in:
With its quality techniques, WINGRO transforms independent hotels into true revenue and profit generators. WINGRO will ensure that your Hospitality Real Estate investment and assets generates a more than healthy ROI. WINGRO will advise you on the market, the operations and the Financial Management of the hotel in an effort to help improve both cash flow and value and also help achieve your goals.
WINGRO differentiates 2 phases within Hotel Asset Management:
- • Pre-Opening
- • Post-Opening
Pre-Opening Phase:
- • Recruitment and qualification of hotel manager.
- • Vender selection and negotiation.
- • Development of SOP and SOO protocols.
- • Recruitment and Training of the hotel staff.
- • Development of Financial reporting structure.
Post-Opening Phase:
- • Coaching and steering of hotel manager in operations.
- • Monitoring of on-site team performance and service quality standard.
- • Identifying opportunities to maximize cash flow while maintaining or improving the market position.
- • Seek to improve the physical attributes of the hotel.
- • Monitor maintenance of the asset to ensure it remains in tip-top shape.
The following elements are part of our Hotel Asset Management Services:
- • Concise reporting
- • Benchmarking and best practices
- • Operational performance reviews
- • Review of staff capability, qualifications, and performance
- • Quality property inspections
- • Training planning
- • Strategic planning
- • Sales & Marketing Plan monitoring and advisory
- • Expense control monitoring
- • Facilities recommendations
- • Capital Expenditure planning and monitoring
- • Operations budgeting
How We Do It:
WINGRO maximizes the interest levels of your Hotel Manager and productivity levels of the property's staff. We work to maintain and improve the physical condition of your hotel by monitoring maintenance and the completion of capital expenditure projects. We at WINGRO will help you develop and communicate your goals for the property to the Hotel Manager and subsequently encourage their achievement by monitoring and directing your team's efforts towards achieving these goals. And we seek cost-effective ways to maximize value including repositioning, expansion, and adaptive re-use of spaces, remodeling, refinancing, other revenue opportunities, and costs of ownership.
And don't think for a moment this cannot be applied in your hotel. We work on projects large and small across the globe. WINGRO' best practices can be applied in any kind of hotel;
We have experience in a wide selection of countries around Europe including Ireland, United Kingdom, France, Italy, Germany, Switzerland, Austria, the Netherlands, Belgium, Portugal, and Spain. The Properties include famous brands like Ritz-Carlton, Marriott, Renaissance, Westin, Melia, Bulgari, Pullman, as well as independent 3, 4 and 5 star hotels.
We provide our Hotel Asset Management and Hotel Owner Representative Services and solutions for a variety of clients including hotel managers, operators, property owners, investors, fund managers, banks, developers, and asset managers.
Let Us Drive Your Revenue
Driving ForceBusiness Development DNAResult & Goal orientedData Based Decision MakingScientific ApproachProven Yield TechniquesLodging SpecialistsExtensive track Record