hOTEL_SUITE (2)

     

    GPG Can Do For You

    Feasibility Assistance


    ∑ Coordinate with Laventhal and Horwath or Pannell, Kerr & Forester on feasibility studies
    ∑ Analyze and verify feasibility studies 
    ∑ Assist in site selection and evaluation
    ∑ Coordinate hotel demand studies 
    ∑ Prepare financial pro forma and alternatives 
     Prepare preliminary construction and related cost estimate

  • Financial

  • ∑ Develop modeling package to project operations revenue and expenditures¬ 
    ∑ Coordinate hotel appraisal 
    ∑ Consult on financial package structuring
    ∑ Develop financial package alternatives
    ∑ Interface with lending institutions
  • Planning/Design

  • ∑ Design rooms, food and beverage area and/or meeting
  •    facilities to fit target markets 
    ∑ Coordinate architect, engineer, land planner, and/or interior 
  •    designer 
    ∑ Coordinate layout/procurement of hotel furnishing, kitchen and lounge equipment, laundry equipment, and 
  •   commercial area furnishings 
    ∑ Coordinate all computerized areas front desk, energy management, restaurant, administration
    ∑ Coordinate the telephone system, key and lock system, and audio visual system 
    ∑ Specify/procure ice machines, vacuum cleaners, maid carts, etc.
  • Interior Design Assistance


    ∑ Interview and select the design firm 
    ∑ Assist the interior design firm with the furnishing selections: lobby, corridors and meeting rooms, rooms, restaurant and lounge

    Construction Management


    ∑ Function as construction manager (fee basis) 
    ∑ Act as general contractor (fee basis)
    ∑ Coordinate input with architect, engineer, etc.                                                                              Four-Corners'-Restaurant--Italian-Section
    ∑ Consult with owner on bids, changes and/or selecting General Contractor 
    ∑ Take bids on project 
    ∑ Perform pre-opening inspections and punch list for hotel

    Pre-opening Assistance


    ∑ Create and implement the pre-opening marketing plan 
    ∑ Assemble pre-opening budgets (working capital, food, beverage, linens, china, etc.) 
    ∑ Recruit, interview, and hire all key management and sales personnel        
    ∑ Train all key personnel                                                                                                                      Four-Corners'-Restaurant--Mediterranean-Section
    ∑ Interview and select advertising agency 
    ∑ Establish definitive objectives and action plans for all departments 
    ∑ Obtain business licenses to include restaurant, bar and signage 
    ∑ Develop pricing for rooms, food and beverage 
    ∑ Develop specifications and bids on building insurance 
    ∑ Coordinate the procurement of guest supplies and employee uniforms 
    ∑ Interface with potential hotel concessionaires 
    ∑ Develop employee benefit program and policy manual

  • Accounting Assistance
    ∑ Process all transactions including cash receipts, payroll, accounts payable, fixed assets and other
  •   journal entries 
    ∑ Produce monthly management reports: profit and loss statement, balance sheet, funds flow statement,
  •   guest room occupancy and average rate analysis
  • Hotel Operation Services

    ∑ Develop strategic marketing plan with budget and action plans
    ∑ Establish aggressive sales effort for each target market segment 
    ∑ Employ strategy to stimulate customer through innovative programs: Senior Citizen Account Executive,

      Frequency Traveler, Use of rapid transit media 
    ∑ Increase customer awareness with creative advertising 
    ∑ Perform day to day management of property 
    ∑ Administrate all hotel policies 
    ∑ Set up goals/budgets for each department 
    ∑ Establish a preventative maintenance program 
    ∑ Create a bonus plan for key personnel 
    ∑ Human Resource support 

    Brokerage/Acquisition Services


    ∑ Develop and analyze long range pro forma
    ∑ Recommend appropriate financial structuring 
    ∑ Coordinate appraisals and market studies

      Prepare marketing materials 
    ∑ Prepare loan packages 
    ∑ Utilize extensive contracts in the sale of hotel properties


 

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