The return on your investment depends greatly on the development stage. With its extensive experience in opening branded hotels, AHC Asset Management is at your side to contribute to the success of your hotel projects.
Feasibility studies
Assessing the viability of your project by challenging:
Its commercial feasibility:
> Site Analysis : location, accessibility, socio-economic environment, infrastructure and public services….
> Market Study: Strategic diagnosis of the Destination, Potential Market, Identification of Customer Expectations.
> Definition of optimal product: positioning and target, pre-program , adapted brand....
> Definition of the Sales and Marketing strategy and key success factors to consider.
Its financial feasibility:
> Assumptions for Cash-Flows from operating, investment and financing.
> Assumptions for appropriate legal, financial structure and timing for exit.
> Analysis of pofitability indicators: project IRR and equity IRR.
> Sensitivity analysis based on key assumptions and comparison of different scenarios.
Business model, Operator search and selection
We help you select the ownership structure that best suits your profile:
Owner-Operator: independence, Affiliation, Franchise.
Owner-Investor: lease, HMA, TPO, Manchise, White Label....
Afterwards, we will work with you to choose the operator and Brand fit your project:
> Create tender documents, management RFP process.
> Analyze operator offers and balance score cards.
> Manage negotiation meetings, shortlist operators.
> Challenge BP and negotiate term sheets/LOI.
> Steering the iterations of various agreements (HMA, TSA, Trademarks sublicense, Centralized services...)
Value Engineering and Procurement Management for FF&E and OS&E
Value Engineering
AHC Asset Management conducts a critical review of the final program, and suggests optimization opportunities using a thorough ATM (Architecture, Technical, Management) approach applied to surfaces, functionality, FLS, maintenance, costs....
> Preliminary estimate of the FF&E/OS&E budget.
> Optimization of the decorator's specification file.
> Suppliers sourcing and tendering.
> Creation of prototypes, mock-up room audit and table tops reviews.
> Administrative management and monitoring of expenses commitments.
> Logistics management: delivery, scheduling.
> Reception, control, labelling and on-site installation.
> Management of snagging and reception of equipped areas.
Procurement Management for FF&E and OS&E
Pre-opening Project Management
The project's viability depends heavily on the pre-opening phase. AHC Asset Management works with you to minimize the risk of exceeding your budget and timeline:
> Monitor overall critical path and review POB.
> On-Boarding GM and Core Team.
> Review of the Manning Guide, Training Planning.
> Update Concept F&B by outlet.
> Challenge Sales and Marketing strategy and Revenue Management.
> Manage cash flow and working capital requirements.
> Challenge 1st year operating budget.
> Set-up IT, management systems, and Sell date management.
> Select the appropriate competitive set for performance comparison.
> Monitor of the regulatory aspect: Licences and authorisations.
> Pilotage of the Countdown phase (FLS inspection, final Operations inspection, ATO, Hand-Over).
> Monitor of the soft opening.