About this Employer
With our expert hospitality operations team, asset consulting services, organized labor relations management, we can provide everything your property needs to develop and operate a successful hotel. We understand the specific challenges of managing a both independent as well as branded hotel properties.
GAM Hospitality has direct “hands-on” approach in leading hotel operations, food & beverage outlets, catering events, sales, revenue management, and finance. This enables us to evaluate marketing strategies, control your operating expenses, and debt structure to recommend courses of action for increasing both profits and asset value. We can assist in finding the right hotel brand for your property, choosing and monitoring other management companies, negotiating management contracts and franchise agreements. We specialize in total portfolio management, including acquisition and disposition of hotel properties.
Our hotel asset management team begins by conducting a comprehensive study of the competitive market and operating environment, including the hotel’s physical condition, capital expenditure history and capital expenditure plan. Financial performance and labor productivity are reviewed and benchmarked. Sales and marketing strategies are evaluated and measured for ROI. Legal documents are meticulously reviewed with respect to compliance with operating and business terms. Members of the on-site and management/franchise team are extensively interviewed.
We concentrate on reviewing property operations and capital expenditures, identifying opportunities to increase profitability, ensuring competitiveness in procurement, ensuring that the hotel operator is focused on the critical elements of success, monitoring changes in the competition and reacting accordingly, and analyzing results on behalf of ownership.
