Asset Management

Let us create and implement your strategic plan. Put our extensive knowledge in all aspects of the hotel industry to work for you. Our experience in hotel operations, hotel consulting, hotel ownership and hotel transactional work has led us to strongly believe that a comprehensive strategic plan is necessary to maximize the value of your hotel. A thorough understanding of the hotel industry is critical to the creation and implementation of the comprehensive strategic plan.

With the goal of maximizing the value of your hotel, Hotel Source, Inc. is able to:

  • Identify your hotel’s strengths, weaknesses, opportunities and threats.
  • Develop a comprehensive strategic plan including:
    • Review of Hotel Operational Protocols
    • Hotel Marketing Plan
    • Hotel Capital Budget
  • Implement a timeline with accountability for strategic plan initiatives.
  • Select a hotel management company with the expertise to carry out the strategic plan.
  • Benchmark performance.
  • Perform acquisition due diligence.
  • Inspect hotel regularly with on-site management.
  • Deliver progress reports for ownership.
  • Communicate with hotel ownership and all parties involved on a regular basis.