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Hotel Operator Selection
We dispose with list of hotel operators and hotel management companies who are already present in the region of central Europe or have strong ambition to enter this market.
There are several steps in the selection process:
Decision about preffered mode of operation
We will assist in deciding about the preferred mode of operation of the property (management agreeement, lease, joint venture) based on the investment priorities and market conditions.
Preparation of memorandum
Based on the available documents we will prepare memorandum and distribute it to respective (patricný) applicants. After signing Confidentiality agreement further documents will be presented to applicants.
Hotel management or lease agreement is a complex document which can be base for succesful decades-long business relation.
In short-term, clearly established negotiation preferencies reflected (pretavený) in contract conditions can decrease your bank loan interest or construction costs.
In long-term, the fee structure and other payments to the operator will influence investment profitability.
At the end separate franchise agreement and initially agreed transition conditions will make the transfer of responsibilities much smoother.