Services
Premier Hotel Properties provides hands-on detailed management services. Employing our experience to improve the bottom line and utilizing our years of experience in marketing, controlling costs, working with franchisors, and managing renovations. Premier believes that hotel operations demand attention to detail and a committed collaborative approach between ownership, supervisory management, and the hotel staff. The investment is too high, the risk too great, and the changes too fast for passive management. Premier Hotel Properties has years of experience running profitable properties and offers its successful hands-on management as a solution in today’s demanding operating climate. We will work with you to understand your objectives and implement strategies for your property to reach its potential. Our services encompass the following variety of service offerings.
Strategies for operating results…
- Receivership and Troubled Asset Consultations: Premier is prepared to assist financial institutions and owners effectively address issues causing operating challenges and put solutions in place to deal with troubled properties.
- Accounting and Financial Services: Web-based centralized accounting platforms, automated Human Resource services and systems, best practice purchasing, and insurance.
- Marketing and Sales: Create sales/marketing plans, sales goals, and objectives, identify revenue opportunities, and monitoring tools to help improve your market penetration.
- Turn Around Properties: We have experience in planning and implementing steps to turn around underperforming hotels. Whether the problem is local market conditions, under-utilized franchise marketing channels, or poor on-site management, we have worked with owners in many situations. Let us help you solve your issues and create a path to improvement.
- Acquisition by Premier and its Affiliates: Premier continues to acquire and invest in hotels.
- Acquisition Consulting: Premier’s principals have acquired, financed, and divested hotels of all types. We can assist a potential buyer to analyze the opportunity, price the offer, and determine what steps should be taken to improve operations after the acquisition.
- Renovation Planning and Execution: Premier has experience and connections with great designers that help you with large or small renovations or franchise required Product Improvement Plans (PIP).
- Franchisor Relations: Premier can step in and manage the franchise relationship whether repositioning a property, improving scores or implementing product improvement.
- Hotel Feasibility and Marketing Studies.