Maximize Quality, Profit and Value

You are most likely aware that the present economic landscape is ominous, unprecedented, uncertain. We assure you it is not impassible.

Mihran Kalaydjian Hospitality Consulting Firm recognizes that property owners need assistance in navigating branded management companies. As an asset manager, our role is to ensure that ownership's objectives and goals receive first priority. To achieve this we act as the owner's agent, working directly with the management company to provide oversight on all facets of property operation. This can include:

• Annual operating budget review.
• Monthly income statement and balance sheet review.
• Evaluating operational effectiveness and concept viability.
• Reviewing market penetration and competitive set metrics.
• Evaluating sales and marketing strategies and tactics.
• Capital improvement recommendation and budget review.
• Asset protection and risk management evaluation.

Asset Management arrangements can provide peace of mind to ownership. They can also improve RevPAR and market penetration, increase property valuation, enhance customer service, and improve team member retention. Mihran Kalaydjian Hospitality Consulting Firm has experience working with both private and public ownership as well as branded and non-branded management companies.

Mihran Kalaydjian Hospitality Consulting Firm can become more "hands on" when necessary. We can help to:

• Negotiate and facilitate the purchase and absorption of a hotel asset.
• Streamline and professionalize the accounting, reporting and budgeting process.
• Develop and/or guide in the development of marketing and business plans.
• Conduct market analyses to ensure that the asset is properly positioned.
• Monitor market conditions to identify opportunities that are in keeping with owners exit strategies.
• Assist in the sale and or refinancing of the asset when the occasion arises.