Hotel Asset Management Company
Xotels is a game changing company in hotel asset management. Over the last few years, the hospitality industry has seen a shift of focus from cost control, only optimizing bottom line profit, to driving top line income through revenue management. And the Xotels Group is a global leader and expert in this field.
Xotels is a specialist company in the field of revenue and yield management for hotels and lodging properties. With our proven methodology and in-house developed best practices we drive the overall financial results of hotel assets, optimizing the return on investment on your hospitality real estate investment. We aim to challenge the status quo in your local market, and turn your hotel property or project into a market leader. Too many hotels are stuck in traditional ways of operations, we will lift your hotel asset to another level, uncovering the hidden revenue potential.
We are firm believers in the power of an independent hotel with a unique product and amazing guest experience, over the conventional hotel franchise chain branding route. Keeping up with the latest developments and innovative solutions in hotel distribution and online travel marketing can be challenging, with the landscape changing so quickly. But our hotel strategy specialists are here to make turn your hotel around and increase your ROI.
Focusing on the unique selling points of your property, our hotel management experts will develop a customized and creative strategic hotel advice plan, to increase the revenue generation power of your hotel or resort. And with our business development DNA and creative approach, we we will increase both top line revenue income as well as bottom line profit. We will push all performance levels of your hotel; REVPar, GOPPar, NOI, NOP, EBITDA, …
Hospitality Asset Management broken down:
We differentiate 2 phases within Hotel Asset Management:
- Recruitment and qualification of hotel manager.
- Vender selection and negotiation.
- Development of SOP and SOO protocols.
- Recruitment and Training of the hotel staff.
- Development of Financial reporting structure.
- Coaching and steering of hotel manager in operations.
- Monitoring of on-site team performance and service standard quality assurance.
- Identifying opportunities to maximize cash flow while maintaining or improving the market position.
- Seek to improve the physical attributes of the hotel.
- Monitor maintenance of the asset to ensure it remains in tip-top shape.
The following elements are part of our Hotel Asset Management Services:
- Concise reporting
- Benchmarking and best practices
- Operationsl performance reviews
- Review of staff capability, qualifications, and performance
- Hotel management supervision and coaching
- Quality control & property inspections
- Training planning
- Strategic planning
- Sales & Marketing plan monitoring and advisory
- Revenue management and distribution support
- Expense monitoring and cost control
- Facilities recommendations
- Capital Expenditure planning and monitoring
- Operations budgeting
How We Do It:
Xotels maximizes the interest level of your Hotel Manager and productivity levels of the property's staff. We work to maintain and improve the physical condition of your hotel by monitoring maintenance and the completion of capital expenditure projects. We help you develop and communicate your goals for the property to the Hotel Manager and subsequently encourage their achievement by monitoring and directing your team's efforts towards achieving these goals. And we seek cost-effective ways to maximize value including repositioning, expansion, adaptive re-use of spaces, remodeling, refinancing, other revenue opportunities, and costs of ownership.
Our international team of hotel consultants specializes in:
Revenue Management & Yield Strategies
Opening a hotel is an art in itself. Critical timelines and paths need to be controlled and managed in detail. We have opened dozens of hotels over the last decade, and are ready to do the next roll-out with our strategy development, checklists and action plans.
We can support you with your hotel project from the earliest stages. We excel in development of new hotel concepts, and original ideas, including branding and positioning. If you are looking to become the new hot thing in the hospitality industry, we are all game.
Finance & Asset Management
We specialize in maximizing the return on investment on your hotel investment. Both short turn through profit optimization, and long term through operational cost control and maintenance of the real estate asset, we strategically improve your financial results.
Sales & Marketing
At the base of the success of any hotel lies a comprehensive sales and marketing strategy. Our team contains experts in internet marketing and online distribution, plus sales representation.
Guest reviews scores is a direct result of the service standards at your hotel. Our management team implement quality standards of operations and procedures aimed at achieving high satisfaction levels.
With our proven techniques, we turn around independent hotels into true revenue and profit generators. We will ensure your hospitality real estate investment and assets generate a more than healthy ROI. Xotels will advise you on the market, the operations and the financial management of the hotel in an effort to help improving both cash flow and value and achieve your goals.
And don't think for a moment this cannot be applied in your hotel. We manage a diverse international portfolio of top performing hotel companies, ranging from independent boutique hotels, luxury design hotels, beach & ski resorts, innovative hotel concepts, aparthotels, vacation rental properties, tourist apartment blocks, regional hotel firms, and even small country side / rural hotels, modern budget hotels, trendy youth hostels, hip bed & breakfasts, camping sites and holiday parks.
We provide our hotel asset management and hotel owner representative services and solutions for a variety of clients including hotel managers, operators, property owners, investors, fund managers, banks, developers, and asset managers.
Xotels is an innovative hotel asset management company, for a new breed of hoteliers.
Want to increase the financial results of your hotel?
Bring in the experts!