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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