HOTEL MANAGEMENT SERVICES

 
 
Prima Consultant offers hotel management services to hotels and resorts to compete in present’s market competition.
Our management contract will create better results through standard business management,online marketing and revenue
management by our expert team to increase your hotel’s RevPAR and GopPAR.
PROCESS OF MANAGEMENT CONTRACTING

1. Property review & evaluation ; Operator will review & evaluate the hotel’s facilities and staff service standard.

2. Technical assistance agreement proposal ; Operator will provide the Technical Assistance to the owner in:
- Preparing the hotel renovation program and design brief
- Establishing targets to meets the consensus standard.
- Guiding the design team
- Integrating the standards and specifications for design, construction and equipment.
- Defining and selecting the specialized equipment.


3. Facilitate the agreement of a letter of intent ; Define all of the necessary conditions to be put in Management contract.

4. Management contracting ; Legal contract signing.

Prima Consultant provides an effective day-to-day operational management under the conditions mentioned in management contract which addressed the typical components of a hotel management agreement. The following major components provide the basis for structuring the entire agreement:
  • Contract Term – Length of time the agreement will be affected.
  • Management Fee - Amount to be paid for services rendered.
  • Reporting Requirements – Type, distribution, frequency of operational and financial reporting.
  • Approvals – Aspects of hotel operation to get approval from 3rd party.
  • Contract Termination – options which the contract can be terminated.
  • Operator’s investment in the property – Types of the investment an operator can make decisions in the property.
  • Operating income and Expenses – Types of expenses above GOP
  • Owner’s and Operator’s Expenses – Types of expenses below GOP and types of expenses incurred outside of the property that will be reimbursed by the hotel owner.
  • Hotel Personnel – Authorization to employ the personnel.
  • FF&E Reserve for replacement – The structure and management of a reserve for replacement.
  • Hotel Budgetary and Accounting Process – Business plan creation and approval of business plan, Audited accounts, Payment adjustment and disputes.
  • Mandatory Insurance – The necessary insurance to cover all the business.
  • Duties of the Owner Prior to the expected Management date.

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