Hotel Asset Managemen - Go2 Hotels & Resorts

Hotel Asset Management areas and services

Review of the current performance of the hotel in comparison with the budget and with the previous year.
Supervise the budget approval process.
Monitor forecasting, balance sheet and on-the-books businesses.
Ensure the right balance of day-to day monitoring and strategic investment advisory.

Establish rules on CapEX Process and Projects approval (e.g. obtain multiple bids)
Ensure the right balance between R & M versus CapEx
Monitor budgeting for CapEx and long term planning.
Provide ROI analysis
Guarantee full transparency for the owner.

Unlock access to multi-dimensional internal and benchmark data.
Control over rate setting and internet marketing/distribution/social media.
Strategic planning, tight supervision of sales and marketing, analysis of market trends, market positioning
Secure full control of the PACE, forecasting and budgeting, room type utilization, flow-through by segment, complimentary room nigh report, ge- stats…
Control of channel submission, and reservation cost per channel and other hidden costs.
Keep track of the hotel’s sales and marketing targets and supervise the activities.

Confirm that the owner’s interest has a direct influence on property level operating decisions.
Supervise the effectiveness of attracting revenues and cost control.
Ensure that the on-going projects are moving along at the property level.
Review of external and internal client and staff satisfaction surveys
Evaluate key personnel and request hotel corporate support when necessary (e.g. replacing staff, training, S&M initiatives…).
Monitor stock level.
Certify that the asset is well looked after.

Continuous performance supervision and contractual compliance.
Establish communication channels between all stakeholders (e.g. owner, operator, executive team, employees, communities).
Transparency: good news or bad news, the owner needs to be informed.