Our concentration in hospitality management includes select service, Full service, upper mid-scale and extended stay hotels. Our company is capable of managing any size hotel in US.
We strive on acquiring hotels with much upsides on price per room as well as revenue incline and profitability. Every acquisition we have done was lower compared to market comparison as well as the revenue multiples.
Hotel construction projects can be complication and can easily run over budget if not managed properly. A customized program can be developed for any hotel project under construction, from construction management, pre-opening marketing to purchasing FF&E.
While the design and development of your project is continuing, our Construction Management team begins preparations. Whether it is a property renovation or a complete new development, our recipe is one which focuses on value engineering, green friendly and management efficiency while minimizing cost over-runs.
We monitor all phases of the construction process, ensuring that schedules are maintained and coordinated, product and materials are brand approved, ordered and received in a timely fashion, and that all principles are updated constantly on the project status.
Operations. The heart and spirit of every hotel. We’re successful at the operations level because we adhere to standards that are considerably higher than the broader industry standards most hotels settle for. Plus, we better train and execute at the frontline levels. So guests enjoy greater service, quality assurance, and hotel cleanliness. We’re also great at controlling costs. So owners enjoy more profits. In fact, our hotels continue to gain market share and customers for life at a pretty impressive rate. The kind of stuff that keeps other hotels up at night.
We have proprietary business intelligence and yield management tools that enable market-leading results. Our experience is exhibited by ramping newly launched hotels to market share and our ability to drive premium segmentation at the expense of less profitable sources of demand.
Some might call our sales and marketing folks experts. We like to think of them more as gurus. That’s because they possess an uncanny understanding of our customers and what makes and keeps them happy. And these unique insights help fuel a range of innovative and aggressive marketing techniques for our hotel managers. Hey, in these competitive times, knowledge is power. And it’s good to know that our Sales and Marketing team, technically speaking, rules.
We have a centralized accounting department for all hotels we own and manage. This empowers us to provide key statistics to every hotel and corporate personnel almost instantly. And by providing key reporting metrics, hotel management and executives are able to make quick, nimble decisions and adjustments. And being nimble is key to great hospitality.
Our company forte is selecting right brand for right market. We have many years of experienced in working with many hotel companies. Our knowledge of working with each franchisor to make sure we have best deal points. We have also been very successful on getting development incentives. Our past experience also includes in renegotiating deal terms/Liquidated damages on existing hotels in the event of rebrand and redevelopment to maximize the value.
Our design effort mindset is world class without much boundaries. We believe in providing a guest experience of the lifetime, not just stay. Our design strategy and decisions are made solely based on guest demands and expectations during their stay, while keeping the close eye on how the industry will change in next decade. We worked with many top-class design firms who believes in our ideas and bring them into real life experience.
We excelled in each hotel project that we have completed. Project were done on time and on budget. We have done some unique project and turned them into cash-flow hotels by creating product that did not exist in the market. Our thinking outside of the box and conviction helped made past projects into reality. Our expertise includes turned key design built projects. We have strong knowledge on everything relates to construction/renovation as per hotel brand requirement as well as the local municipal codes. We also have strong knowledge on budgeting, draw schedule with title company, contractors and lenders.
Endeavor Hotels can provide lenders with hotel receivership services and ensure that their troubled assets are run in a smooth cost effective manner during this critical transition phase. We have the legal expertise, accounting skills, and great operational track record with management of properties.
It is important that during this process the operations, revenue, and most importantly employee morale is improved upon. After all, the Net Operating Income is the biggest part in today’s hotel appraisals. If you allow the operation and in turn revenue to decline, then your asset value will also decline.
Our team can assist lenders or clients during the appointment process to ensure that the Order Appointing the Receiver is adequate in the scope and the receiver is allowed the necessary authority for a smooth transition.
We are able to take over the hotel operations with minimal to no disruption to the property in light of our proven operational track record.
We will implement the necessary changes immediately and manage the asset as effectively as those assets currently within the HDG Hotel’s portfolio.
At the time of takeover, we will also review the processes in place from accounting, to payroll, to revenue management, and brand compliance to reduce the lenders’ risk as much as possible.
Our operations and accounting team will take over the hotel’s day to day operations. We will ensure that all the existing employees including general managers are given the opportunity to be part of the new team, as their experience and contribution to the property allows for low payroll transition costs.
Our team will handle all the administrative duties.
These duties range from communication with franchisors, utilities, and existing vendors, to filing the necessary state and local sales taxes, to renegotiating the necessary contracts to continue operations and to making all the necessary decisions to maximize the property’s value and minimize the hotel’s disruption.
Endeavor Hotels has been growing in past few years and our has been measured by finding unique assets and turn them into a profitable hotels.. Our expertise on acquisition and our out side of box thinking mindset approach making every deal lucrative for our company.
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