12 Good Reasons for Outsourcing Hotel Management
Compass Hotels Ltd have a proven track record of successfully operating hotels...
With nearly 25 years experience in the three star hotel sector, both as owner and operators and as a hotel management company, Compass Hotels Ltd have a proven track record of successfully operating hotels. Here's a dozen compelling reasons for choosing Compass Hotels' Hotel Management Service.
Our approach is to invest time to determine the most suitable brand for the hotel, taking into account the competition, the location and the style of operation. To wholeheartedly embrace the brand standards and supplement them where possible with suitable touches. We expect the sales and marketing aspects of the brand to deliver and actively drive this expectation supplemented with local sales and marketing plans seeking to secure local support for the hotel and secure business directly from agents and local corporate clients. We believe investment is key to maintain a product fit for purpose and we review procedures and processes to ensure a smooth running operation for the benefit of our customers and staff.
We bring to the table the following benefits:
- Independent, privately owned company with ability to select the most appropriate brand for the business and benefit from global exposure to markets through this brand;
- A committed, professional and knowledgeable Executive Hotel Management Team with a track record of successful hotel operations in the 3 star market;
- A passionate interest in all aspects of the hotel business;
- Proven track record in recruitment and retention of competent, professional Hotel Managers;
- A will to succeed coupled with the energy and drive to deliver results;
- Competences in all aspects of hotel operations;
- A flat management structure - you talk with us and we talk with the Hotel Manager;
- Established contacts with industry professionals in purchasing, legislative compliance; sales and marketing, valuations, acquisitions and disposals;
- Flexibility for the asset owner / investor in selecting a Brand most suitable for the property;
- Flexibility in the term of engagement;
- Desire to build a relationship with the asset owner and seek to underpin the asset value of a property through strong trading performance;
- Transparency of accounting with an annual external financial audit of each property's accounts.
Contact Compass Hotels Ltd and discover the hidden potential of your hotel business now.
In addition:
Whilst not always required, Compass Hotels Ltd can produce full monthly profit and loss accounts for the hotel through our head office operation. An additional charge will be made for this service.
Strong links have been forged over time with professionals in challenging ratable values, providing comprehensive insurance quotes specific to the hotel sector and the management of Health and Safety issues. All these services can be introduced but additional fees will apply should the services be engaged.
Hotel Consultancy
6 Point Plan
Before becoming one of our hotels in Bath, The Abbey had operated successfully for many years, boosted by its prime location in the city centre. However, a quick succession of trading shocks impacted upon the hotel's profitability...
The strategic review and the 6 point turnaround business plan
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