Hotel Development: Hotels involve specialized management and labor concentration. Therefore comprehending the cyclical character and dynamics of hotel markets is crucial to skilled investment decision-making. The most pivotal feature of hotel investment decision-making is an initial investigation of market and financial feasibility.
UMC’s hotel Consulting department offers custom-made hotel Consulting services for each project to best fulfill each client’s individual needs. Ideally suited to assist you with your hotel development project, we assist clients from feasibility study to pre-opening and opening.
Feasibility Assistance
• Feasibility studies analysis and verification
• Site selection and evaluation assistance
• Hotel demand studies coordination
• Financial pro forma preparation
• Preliminary construction and related cost estimate preparation
Planning/Design
• Hotel room design and food and beverage areas coordination
• Architect, engineer, land planner, and/or interior designer coordination
• Layout/procurement of hotel furnishing, kitchen and lounge equipment, laundry equipment and commercial area furnishings coordination
• All computerized areas (front desk, energy management, restaurant and administration) coordination
• Telephone system, key and lock system, and audio visual system coordination
• Ice machines, vacuum cleaners, maid carts, etc. specification and procurement
Interior Design Assistance
• Design and recommendation
• Interior design firm furnishing specifications assistance:
• Lobby, corridors and meeting rooms
• Rooms restaurant and lounge
Construction Project Management
• Function as project manager
• Act as general contractor
• Coordinate input with architect, engineer, etc.
• Consult with owner on bids, changes and/or selecting General Contractor
• Take bids on project
• Perform pre-opening inspections and punch list for hotel
Pre-opening Services
• Pre-opening marketing plan creation and implementation
• Assemble pre-opening budgets (working capital, food, beverage, linens, china, etc.)
• Main management and sales personnel recruitment, interviewing and hiring
• Significant personnel training
• Advertising agency recommendation
• Establish definitive objectives and action plans for all departments
• Develop pricing for rooms, food and beverage
• Specifications and bids on building insurance development
• Guest supplies and employee uniforms procurement coordination
• Interface with potential hotel concessionaires
• Employee benefit program and policy manual development
Management Company Selection and Negotiation
Choosing the right hospitality management and consultancy firm is key. It can make all the difference towards reaching success and fulfilling your goals. In a saturated market, UMC is the logical choice. We provide A-to-Z services, handle everything on the behalf of our clients, act as a trusted partner and have substantial specialization and experience. |