HotelBrain undertakes the operation and management of hotels under long term or short term management agreements.
- We meet with the hotel owner and discuss his vision and expectations;
- We thoroughly investigate the current operating requirements, financial performance and sales potential of the property;
- We assess any future re-development plans for the property (i.e. full scale renovation, refurbishment etc.);
- We present an efficient Business Plan;
- We produce a realistic Financial Budget of operating revenue, payroll and operating expenses;
- We formulate an effective Sales & Marketing action plan;
- We evaluate the staffing requirements and propose the adequate Staff Plan for every department and position;
- We prepare the Quality Service Manual of the hotel;
- We train the hotel’s key personnel;
- We implement daily Yield Management to achieve revenue targets;
- We perform weekly and monthly sales, financial and quality audits and present the monthly Profit & Loss Account to the owner.