Coakley & Williams Hotel Asset Management

Creating Value: Oversight of Business Performance

Our goal is to ensure your asset is managed in the most effective way possible to maximize revenue growth through market positioning, revenue generation and cash flow.

Hotel Asset Management Services provided to investors and owner/operators:

1. Advise Ownership regarding Asset Potential:  Review market trends and asset quality levels
2. Advise Ownership regarding Management Performance:  Review industry trends and constantly evaluate operator performance strengths and weaknesses
3. Support the Business Planning Process:  Review and facilitate approval of budgets, marketing plans and capital expenditure plans on behalf of ownership
4. Monitor Financial and Business Performance:  Review of actual performance versus budget and prior performance and appropriate benchmarks
5. Monitor the Asset's Environment:  Regularly review pricing and distribution as well as renovation and new supply activity within the competitive set

In addition, we can provide these added services with our hotel asset management:

• Providing acquisition or development due diligence services
• Negotiating with the operator to reach consents and approvals under the operating agreement, including negotiation of renewal or new management agreements.
• Monitoring the operator's compliance with operating agreements
• Conducting regular meetings with the operator to evaluate current financial, marketing and operational goals and performance
• Evaluating asset insurance, licenses, leases and other agreements
• Providing centralized accounting services

You can get more information about Coakley Williams hotel asset management services  by calling 301.474.6200.