Our team of asset managers oversee hotel management to ensure we are maximising both operating performance and capital value of the property, whilst protecting the physical condition of the hotel asset. Our objective is to have a clear understanding of the owner’s objectives and be able to articulate and implement these goals by coordinating the key stakeholders, which in the case of a hotel are the owner, operator, valuers, financiers, tenants and suppliers.
OUR SOLUTIONS
Business Planning & Budget Setting
Sales & Marketing Strategies
Operational Productivity Enhancements
Regular Financial Performance Reviews
Performance Benchmarking
Building Condition & Plant Maintenance Reviews
Capital Expenditure Assessment & Recommendations
Competitor Reviews & Monitoring
Key Personnel Assessments
Workplace Health & Safety Compliance for the Owner
Overseeing the Valuation Process
Monitoring the Broader Hotel Investment Sector and its Implications for the Property
CASE STUDIES
Asset Management
Overview
Colliers International are appointed by a number of domestic and global investment groups to asset manage their Australian hotel portfolios. These engagements seek to add value to owners investments on top of administering the broad range of ownership matters that regularly arise with hotels. As part of the value add service, Colliers International employ unique hotel room rate analytics to monitor and engage with hotel operators to assess daily the hotels room rate position and highlight opportunities for hotel operators to maximise rates compared to competitor hotels. For one newly opened Queensland hotel, the Colliers revenue analytics tool combined with regular weekly engagement with the hotel management team supported a 64% growth of revenue per available room compared to the hotels immediate competitor set. This was achieved in a five-month period in 2019.
CASE STUDIES
Asset Management
Overview
Colliers International are appointed by a number of domestic and global investment groups to asset manage their Australian hotel portfolios. These engagements seek to add value to owners investments on top of administering the broad range of ownership matters that regularly arise with hotels. As part of the value add service, Colliers International employ unique hotel room rate analytics to monitor and engage with hotel operators to assess daily the hotels room rate position and highlight opportunities for hotel operators to maximise rates compared to competitor hotels. For one newly opened Queensland hotel, the Colliers revenue analytics tool combined with regular weekly engagement with the hotel management team supported a 64% growth of revenue per available room compared to the hotels immediate competitor set. This was achieved in a five-month period in 2019.
