For Owners
Specialized Consulting Services
Development Consulting
We are not architects, interior designers or construction professionals - yet we may be one of the most potent forces on your development team. Our forte is creating special properties - unique to the communities in which they reside and reflecting the owner's priorites. We begin by identifying the needs and desires of the clientele a hotel aims to reach and creating a service model appropriate to the target markets. Included in the model are key points of distinction that will set a hotel apart from the competition - which can range from service offerings, amenities selection, and workforce development. We then develop a financial model for profitable operations. Our efforts extend to finding innovative ways of weaving a hotel into the fabric of a community, drawing upon an area's business, education, arts, social, and historical resources.
Transition Services
In addition to managing hotels for others, InnWorks' principals are also hotel owners. As a result, we have a deep appreciation for the effects of managers' decisions on an owner's bottom line. We are also highly sensitive to the apprehension a previously hands-on owner may feel when turning over a hotel to someone else to manage.
InnWorks' Transition Services are designed to effectively move a property owner away from hands-on management to absentee ownership. We establish the controls and systems necessary to safeguard the owner's assets - not just cash and the physical property, but reputations and relationships. By utilizing our Transition Services, a property owner can comfortably relinquish day-to-day operating responsibilities in order to assume expanded activities, including acquiring or developing additional hotels.
Employment Practices Audit
We review all facets of a hotel's human resources function for compliance with local, state and federal regulations. Based on this review, we will establish policies and procedures that provide both consistency and flexibility in addressing myriad workforce issues.
Other Consulting Assignments
- Acquisition Due Diligence
- Evaluation and Selection of Brand Affiliation
- Design Services to Optimize Operating Efficiencies
- Preparation of Detailed Operating Pro-Formas
- Representation at Professional Tour & Travel Trade Shows
- Independent Investigation of Sexual Harassment and Workplace Discrimination Claims
- Structuring Securities Offerings
- Investor Relations