Hotel Asset Management
Mankarios Partnership is a strategic consulting and advisory firm that specializes in creating opportunities and value added solutions in the
upper end of the hospitality business worldwide. Our strength is our extensive knowledge gained from decades of hands on experience as corporate executives,
entrepreneurs and operators of world class hotels and resorts on four continents. Our passion for serving our clients by bringing in unparalleled expertise
to help achieve their objectives is what sets us apart. We provide partner level only hands on services that utilizes our extensive knowledge and insight
and delivers strong results. We have a total commitment to serving only our client’s best interests, and complete dedication to conducting ourselves and our
business with integrity and candor to help deal with the real picture and create solutions tailored for each client’s requirements.
Hotel Asset Management is accomplished through constant interaction with hotel management. Goals and objectives are set during monthly meetings with the hotels executive team. In preparation for this meeting Mankarios Partnership analyses the current financial performance as well as projections, identifying areas of concern in profit margins vs. what was budgeted. Fixed and variable costs are reviewed to ensure that proper “flexing” matches the achieved revenue. Past and future pricing strategies are validated. Actual and planned sales and marketing activities are reviewed in light of the current market and comp set performance.
All of the above activity results in a “to do” list which is the basis for ongoing communication between the Mankarios Partnership team and the hotel Executive team until the next meeting when the cycle repeats.
While we strongly believe that the maximum value is achieved through an ongoing relationship, Mankarios Partnership is able to assist hotel owners on a short term basis by providing:
|
