Service Details

HOTEL ACQUISITION

It is crucial for investors planning to add certain properties in their portfolio to know the prime reasons based upon the vital information.

The Pride Hospitality can help make experienced, educated assumptions about future market conditions and implement a plan to deal with those ever-changing conditions. The key to a successful hotel acquisition lies in the following Effects:

1. Identification of under-performing properties in good locations where repositioning the property will lead to successful performance.
2. Analysis of costs and projections of income and expense.
3. Substantial area for cost saving in the operations.
4. Selection of the appropriate brands.
5. Analysis of physical and environmental challenges present in older buildings.
6. Determination of replacement materials which will enhance the economic operation of the property, insuring environmentally correct and energy efficient systems.
7. Selection of properties wherein the cost of renovation represents significant savings over new construction.
8. Identifying potential Acquisition hotels.
9. Co-ordinate Appraisals and Market choices and preferences.
10. Determining possible changes in management/Franchise