As reputable owners and operators ourselves, we will manage your property as if it were our own. Our entrepreneurial approach involves custom-tailoring a comprehensive plan for your individual hotel, focused on your specific investment goals. In addition to creating an in-depth personalized strategy, we will expertly handle all your day-to-day hotel management tasks with laser-sharp precision, from operation issues, to sales and marketing campaigns, to human resources procedures.
Our intense attention to details across all departments will control expenses while maximizing top-line revenues. With our comprehensive payment structure, there will be no hidden fees or charges for hotel management services. From each guest’s arrival to departure, our ultimate goal is to bolster profitability and long-term asset value.
Streamlined Systems That Power Profitable Hotels
With an entrepreneurial approach to managing your hotel’s operations, we keep an eagle eye on every detail that drives your property’s daily success, while also expertly monitoring and maneuvering the bigger picture. Every hotel has its own unique situation, location, brand and condition, and we will custom-fit our proven operations model to consistently enhance the guest experience, while producing excellent financial returns year after year. Your property will receive hands-on attention of our entire executive team to ensure optimal productivity, an approach that maximizes top-line revenues while controlling operating costs. From a fine-tuned housekeeping staff to remarkable front desk associates, we offer a full range of services to streamline your hotel operations and deliver industry-leading performance.
Guiding Properties Into High Yield Investments
We proudly hold more than 50 years of experience developing and repositioning a diverse portfolio of commercial real estate assets, including hotel and resorts, retail shopping centers, and office buildings. We understand the arduous process of ground-up hotel construction, hotel development planning, hotel renovation, hotel PIP and can offer a rare, complete turnkey partnership with a long-term investment strategy.As a current hotel owner, your property will likely experience challenges and changes throughout the years, based on changing consumer tastes, economic turns, or new market dynamics. Whatever the situation, we are experts at rebranding and repositioning tired assets and can guide your property in the right direction towards long-term value and return.
Increasing Revenues through Strategic Hotel Marketing and Sales
Today’s travelers have a long list of hotel choices and short attention spans. We know how to take your hotel from standard to standout, both online and offline, so you can deftly outmaneuver your comp set. Not only do we harness creativity and marketing technology to drive revenue, but also build traffic, generate quality leads and foster emotional connections with guests and group sales clients. Our thorough approach begins with a deep dive into your market, your hotel product, key customer segments, and your competition. From there, we capitalize on industry and guest intelligence to custom-create the right hotel marketing messages, for the right audience, at the right time – driving maximum revenue from direct bookings with every campaign.
It’s vital for hotels to build occupancy during periods of low transient demand period. Our year-round sales strategy includes assertively pursuing key accounts for both corporate and group business and building authentic relationships to ensure repeat business. Our pervasive and seasoned sales managers will chart a vision and precise plan to hit your room night goals, plus provide you with sales reporting to measure booking pace and production.
Maximizing Revenues & Optimizing Results
Most hotels solely focus on drawing yield from guestrooms. At Meisel Holdings Managed Services, we understand that every guest interaction holds the potential to motivate or disrupt spending. For this reason, we target the full value of every guest and every stay, optimizing growth from all revenue sources. From industry-leading hotel revenue management technology to real-time market intelligence, we deploy a number of tools to facilitate timely and accurate revenue and rate optimization. In addition to expertly working with best practices and time-tested analytical tools, we are relentless revenue managers who aggressively pursue new and innovative strategies to drive peak performance and profits.
Our approach is diligent and competitive, adapting to accommodate your specific market and comp set. Best of all, we move quickly to adjust rate based on changing needs and market updates. Powered by trend intelligence and our professional analysis, our team will take the guesswork out of setting room rates and projecting revenue results.
Successful Hotel F&B Operations
Today’s travelers are looking for more than a room and a quick bite to eat. They are sophisticated consumers seeking dining experiences that showcase the flavors of a destination. Our team will manage every aspect of your food and beverage operation to add substantial value to your asset, while also creating customized culinary experiences. We know what it takes to streamline F&B operations to better manage costs, while boosting profits and minimizing waste. Starting with bespoke menu design and dining concepts, our scalable F&B programs perfectly complement your hotel’s core business.
We maintain a diligent balance between cost management and guest experience to guarantee sizeable margins and financial viability.
Where Strong Returns Begin
Specialized hotel accounting is critical for effective cost controls and boosting the bottom line, so it is vital to work with accounting specialists who understand the unique nature of hotel operations, seasonality, and spend. Our centralized hotel accounting team will give you an edge by bringing robust hotel experience and by working closely with the operations team for better management, forecasting, planning and distribution of cash flow. We leverage a bevy of resources, such as cloud-based accounting technology, and adhere to strict hotel accounting practices to maximize profitability and improve future revenue performance. Our strong record for delivering positive returns relies on closely monitoring, interpreting and managing each investment and every aspect of accounting, from monthly cash flow sheets to payroll processing. Expect timely and robust financial details, all in line with realizing your goals and profit potential. Our team will run through all of your property’s financial intelligence with thorough analysis, then follow-up with tailored recommendations to raise profits and ultimately, long-term property value.
Remarkable Hotel Experiences Start With A Remarkable Staff
Your staff is your hotel’s most vital and valuable asset. Choosing the right team and offering thorough training is the cornerstone of your hotel’s success, impacting your ability to receive positive reviews, increase occupancy, and drive rate. So, it is crucial to discover the right hospitality professionals to helm your asset and create an unforgettable service culture that resonates with every guest. We will manage all facets of employee recruitment and development, plus provide an empowering support system and positive work environment for your associates' professional and personal growth. This strategy preserves staff satisfaction, minimizes turnover, and lowers operating costs-all resulting in improved guest experiences.