We optimise the revenue and expense potential of a hotel asset thus maximising yield for the owner. We transform under-performing assets into performing ones.
ASSET MANAGEMENT
Hotelivate-Savills Asset Management is a team of hotel experts that is focused on optimizing the returns from operating hotel business. We unlock the true potential of a hotel asset by assisting the unit operations team to challenge the status quo. By using market intelligence, logical assessment and industry best practices, we offer a perspective of balancing hotel operations with the financial objectives of the owner/ investors.
In branded hotels, our inputs are geared towards reducing an environment of ‘trust deficit’ and in making the owner and the operator acknowledge each other’s point of view. In unbranded or independently run hotels; we fill up the ‘knowledge deficit’ by detailed operational involvement.
All assignments commence with a detailed Asset Performance Review that allows us to diagnose the issues and recommend solutions. The client has the option of executing the identified strategy internally or with the help of Hotelivate-Savills Asset Management Team through Full-scale Asset Management or Owner Representation Services.
WHAT WE DO
Review
Deep dive into asset performance and potential
DIAGNOSE
Identify critical issues and solutions
EXECUTE
Action identified strategy to tackle focus issues
Asset Performance Review
A one-time activity including:
- Positioning & Strategy Review
- Market Segmentation Review
- Market Intelligence & Competition Analysis
- Revenue Management Strategies
- Marketing Review
- Departmental Expense Review
- Manpower/HR Practices Review
- Operational Departments - Process Review
- Guest Services Review
- One-time Mystery audit
- Detailed Recommendations
Full-Scale Asset Management
- Execution of plans formulated from strategic asset review
- Asset Repositioning and Re-setting
- Revenue & CapEx Budget
- Optimize Market Segmentation for the Asset
- Oversee Sales and Marketing Activities
- Oversee Revenue Management Strategies
- Optimize Departmental Expenses
- Optimize Human Resource Allocation
- Evaluation and Improvisation of Internal Processes
- Renovation Planning & Support
Owner Representation
- Positioning & Strategy Review
- Revenue Budget Review and Forecasting
- Capital Planning & Investment
- Monthly Meeting with Operations Team
- Evaluation of Internal Processes
- In-depth Analysis of Internal and Industry Benchmark Data
WHY WORK WITH US?
- Asset Management can lead to short and long-term gains for hotel investors.
- In the short run, improved revenues or reduced costs can vastly improve business cashflows.
- In the longer term, improvement in EBITDA typically leads to a 10x - 12x increase in the valuation of the asset.
- Hotelivate-Savills also partners with subject matters experts in the field of engineering, procurement, human resource and internal controls which allows for providing only the highest quality advice to its clients.
- The Hotelivate-Savills Asset Management team comprises of experts with high quality domain expertise and relevant industry experience.
- Expertise in areas like hotel operations, sales, revenue management, online and offline marketing, real estate finance, cost centre optimization, working relationship with operator, management agreements, annual budgeting exercise and manpower allocation.
- Our advice is backed up by practical application. We work closely with the hotel operations team to work out practical solutions to identified issues at hand.
- Our interests are aligned with that of the ownership of the hotel.
GET IN TOUCH
Telephone: +91 124 461 6000
Email: contact@hotelivate.com
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Delhi NCR
2nd Floor, Paras Downtown Centre, Golf Course Road, Sector 53, Gurugram, Haryana 122002, India | +91 124 461 6000
Mumbai
Unit No. 2604, 26th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra , 400013 | +91 124 461 6000
Bangkok
26/F, Abdulrahim Place990 Rama IV Road, Silom, Bangrak, 10500 | +66 2636 0300
Dubai
22nd floor, Arenco Tower, Sheikh Zayed Road, Dubai, PO BOX 3087 | +971 4365 7700
Singapore
30 Cecil Street, #20-03 Prudential Tower, Singapore, 049712 | +65 6836 6888
Jakarta
16th Floor, Unit C, Panin Tower - Senayan City, Jl. Asia Afrika Lot. 19,
Jakarta, 10270 | +62 21 293 293 80
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