operator search, change and negotiations
Finding the best-fitting operator for your hotel real estate and negotiating a mutually beneficial agreement is a crucial decision that has lasting effects on the owner’s returns and on the future value of the property. Among the strategic questions that need to be assessed at this stage is choosing between a lease contract, management contract or a hybrid variation. All have their advantages and disadvantages that are specific to each individual project and property.
Signing a management contract without any guarantees takes very little time and effort in most of the cases. However, the terms included in these are not serving the best interest of the owners, but are rather orchestrated to benefit the operator.
The insight of professional hospitality consultants can tip the balance of such deals in order to create a win-win scenario – enabling the operators to expand, while maximising returns for the property owners. We can also negotiate certain guarantees that minimise the risk for proprietors making the hotel property a stable asset in their portfolio.
We would love to hear from you and learn more about your property. If you are interested in how we could be of service to you, share your current situation, goals and priorities with us and we will get back to you with a personalised offer as soon as possible!
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