Innovative Hospitality Management
Founded in 1997, Hospitality Investment Services, LLC (HIS, LLC) Hotels is one of the industry’s leading hotel management companies offering innovative, yet proven, expertise in hospitality operations, revenue optimization, and financial reporting.
HIS, LLC Hotels consistently delivers high returns to clients through superior market penetration. A unique branding process, based upon rigorous market research, paves the way for the hotel’s identity and value proposition, which is projected through all available media and distribution channels.
To complement this approach, HIS’ LLC implements a high-touch operations management style and guest service program resulting in stellar online reviews and rankings, which translates into pricing power and tangible revenue results. The use of advanced online accounting and cost control procedures to manage operating expenses assures an optimal flow through of revenues to render an impressive NOI.
The company’s depth of knowledge and appreciation for distinctive hotels in highly competitive markets generates a creative, yet methodical, approach to pricing and marketing the asset. The team’s forethought and understanding of trends within the industry, guides the process by which hotel owners obtain maximum value in their investment.
Culture & Philosophy
His, LLC Hotels has adopted a decentralized, non-bureaucratic approach to hotel management that is philosophically client focused and results oriented, rather than process driven. This arose from the various types of properties managed by the company and from the differing objectives of the owners served — each of which are numerous and cannot be fulfilled with a single, process driven approach. For this to be effective, HIS, LLC Hotels has engaged and developed exceptionally talented and entrepreneurial minded team members who communicate effectively and are capable of making good decisions, independent of a rigid, corporation.
Areas of Practice
Revenue Optimization
FINANCIAL REPORTING & OPTIMIZATION
Hospitality Investment Services, LLC utilizes the AHLA Uniform Chart of Accounts as the primary systems used to record the hotel’s financials and produce accurate reporting. Frazee, Ivy, Davis, CPA, LLC, Memphis, TN is our professional CPA firm that oversees the accounting procedures along with the property’s Management Team. Each onsite manager works directly with members of the corporate accounting department to ensure that the following are diligently performed:
eCommerce
USING ONLINE RESOURCES TO GAIN EXPOSURE AND CAPTURE MARKET SHARE
HIS, LLC Hotels acknowledges how vital online distribution and exposure is to generating revenue and capturing market share. An emphasis on a sophisticated eCommerce strategy is apparent in the countless online initiatives which include online distribution, website design, search engine optimization (SEO), search engine marketing (SEM), email advertising and social media.
Development
HOTEL DEVELOPMENT
Proven experience successfully developing and opening new hotels from limited-service branded to luxury independent boutique.
HIS, LLC has experience successfully developing and opening new hotels from the branded economy segment to luxury independent boutique. They understand that the key to success for a new lodging establishment is to perform exhaustive due diligence within the project’s fundamentals.