Our experience is to testify that each hospitality entity should be managed in its own unique way. Nevertheless, each hotel has to go through particular predetermined stages of its development and its business launch. This process is in need of thought through strategic moves, directly linked to the external factors and continuous variations, which keep evolving in the hospitality industry.
We can effectively help independent objects implement the changes necessary to achieve international standards or to maintain a leading position in the market. By assisting the hotel’s team in the standards and regulations formulation as well as implementation, we provide a base for their further product management and improvement.
Our consulting services encompass all the aspects of the hospitality businesses function – from the supply services optimization to the recommendations on the organizational structure formulation.
What is a business plan development?At the project planning stage Premier Hotels and Resorts hotel operator will conduct comprehensive marketing research of hotel services in the owner’s given city/region, including site analysis and an independent assessment of the hotel’s services. Operator then develops a business concept for the project, the purpose of which is to determine the most effective operating model for the hotel, plus allotment. Premier Hotels and Resorts hotel operator has considerable experience both in terms of hotel reconstruction and new construction. A clear hotel concept and a thorough walk-through of the technical details will allow the general project design team to work more efficiently and outline the expected economic performance of the project for the owner and its partners/creditors.
Additionally, proper financial forecast s are a vital part of any hotel business project. This includes estimates of all necessary investments as well as the terms set out for ROI. Involving a hotel operator provides for solid property management, accounting that considers all relevant details based on its vast experience, plus sets benchmarks for major revenue indicators, workload and operational costs. What’s more, an important aspect is proper positioning of the hotel as well as choosing the right brand from the operator’s portfolio in order to develop a successful marketing strategy for the hotel.
Construction and Design
Premier Hotels and Resorts’ capital construction and reconstruction department provides support at each stage of project development thanks to its significant practical experience, technical standards, and understanding of state standards and the legal framework governing hotel ownership. The active participation of the hotel operator at the construction stage secures total control of quality by following a planned blueprint and achieving the standards set for the hotel’s operating category. In addition, hotel operator helps control the development process in terms of profitability and selection of the best suppliers in all relevant areas.
Interior design is a key success factor for any hotel , and Premier International is ready to provide consultation and support in this field given that it constantly tracks global trends in hotel design.
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