Planning

Hospitality Investment Services has experience successfully developing and opening new hotels from the branded economy segment to upscale and independent properties. They understand that the key to success for a new property is comprehensive due diligence..

At Hospitality Investment Services, the first step in the due diligence process is to perform a market analysis to understand the competitive environment. Who are the customers and what are the market segments? That is followed by a strategic analysis to identify specific points of opportunity and what is the correct positioning of the new hotel..

Assistance is then provided in determining project and brand development.  Correct sizing and utilization of the proposed space determine the organizational and staffing structure that should operate the hotel.

Construction Management

Owner Representation

Project Management

Budgeting & Pre-Opening

The intelligence gathered in the market and strategic analyses enable the creation of a pro forma for use in making a final evaluation of the hotel project’s merits and for making presentations to lenders and investors.

Prior to opening, Hospitality Investment Services will prepare an income-and-expense operating budget for the proposed hotel.  Recommendations will be discussed and made regarding the layout, design and functionality of guest rooms, public areas, and the “back of the house.”  Purchasing of all operating supplies and equipment and contracts with all vendors needed for post-opening operating supplies will be coordinated.

Also, prior to opening, Hospitality Investment Services recruits for and hires the general manager and sales and marketing management team, and sets up temporary office space to begin the selling of the hotel.  The recruitment and training of the remaining staff and managers follows. Hospitality Investment Services, along with the hotel's brand team, implements a comprehensive eCommerce and marketing campaign designed to launch the hotel successfully.