OWNER REPRESENTATION • ASSET MANAGEMENT • HOSPITALITY CONSULTANTS
We advise owners and hotels to optimize asset development and financial returns. We provide consultancy on structure, operational processes, operator selections, sales and marketing and revenue generation.
We are hotel owners with over 20 years of International and domestic experience with a proven track record of astute asset management.
& ASSET MANAGEMENT
We provide a hands on structured and proven approach to managing the owners assets.
With up to date benchmarking and operational knowledge as hotel owners we have the real time ability to identify growth opportunities, structural or organisational change and a dedicated team to manage the asset.
Asset management is an annual contract with the below services provided:
- Monthly financial performance review with clearly defined outcomes for opportunity
- Annual budget review process
- Capex review
- Industry benchmarks
- Opportunity and growth options
- Brand review
Operator selection is paramount to the positioning and financial success of a business. We provide and manage the process of Global contacts for the right fit and contract negotiations. Contractual negotiations are tailored and defined to meet the financial goals of the owner.
We manage the process from selection criteria, brand and vision matching, global negotiations, benchmarking operator performance, negotiations and working with the owners legal teams for contractual completion.
The overarching fundamentals of this process are achieving the desired financial outcome for the owner and minimising contractual risk.
Projects whether small or large can be determined based on the outcomes required by the owner. Area of specialisation for project management are:
- Maximising profitability
- Market feasibility studies
- Corporate structuring
- Operator selection
- Contract negotiations
- Sales and marketing strategy
- Renovation owner representation
- Pre Opening Support / management
Compete and submit the form below to get in touch.
M +61 411 196 406 | E: Sonia@lustro.com.au
PO Box 277, Glenelg SA 5045