BUSINESS TURN-AROUND

We provide a turn-around service to stabilize hotels in receivership, which are under-performing or failing, and return them to profitability. We identify weaknesses in the business and propose appropriate solutions using a detailed review and action plan.

Following a detailed and rigorous operations review, our specialist team members within each area of the business will produce tailored strategic recommendations, complemented by deliverable action plans that will address those areas of the hotel either found to be falling short of the owners' expectations or industry norms.
Such action plans include:

• Cash-flow priorities and cost controls
• Focusing on customer service
• Human Resources – addressing payroll, staffing levels and skills
• Increasing procurement efficiency
• Sales, Marketing and Pricing Strategy
• Expense management
• Operational day to day business management