Finance and Cost Control
Let's work together to unlock the full potential of your hotel asset by managing your finance and cost control.
At Barrows Hospitality, we understand that successful hotel asset management goes beyond simple cost control. Today, it's about strategically optimizing both top-line revenues and bottom-line results to drive profitability and enhance asset value.
Leading Hotel Improvement Firm
Our comprehensive hotel consulting services are designed to deliver actionable recommendations that maximize returns and improve the overall value of your hospitality property.
By actively participating in the management of your hotel, Barrows works to elevate operating performance, improve cash flow management, and optimize capital expenditures. Our goal is to ensure that every aspect of your property contributes to increased profitability and long-term value.
As experts in hotel revenue management, our approach is centered on enhancing the value of your hotel asset. We focus on maximizing performance through a range of specialized services, always keeping the interests of our investment clients at the forefront.
Our Hotel Asset Management Services Include:
Rooms & F&B Operations:
Optimizing the efficiency and profitability of your room and food & beverage operations.
Sales & Marketing:
Driving revenue growth through strategic sales initiatives and targeted marketing efforts.
Finance & Cost Control:
Implementing rigorous financial management practices to control costs and boost profitability.
KPI Analysis & Benchmarking:
Regularly analyzing key performance indicators and benchmarking against industry standards to ensure optimal performance.
GOP & EBITDA Analysis:
Monitoring and enhancing gross operating profit and EBITDA to maximize financial results.
Cash Ratios & Debt Positions:
Managing cash flow and debt positions to maintain financial stability and support growth.
Strategic FF&E Planning:
Developing strategic plans for furniture, fixtures, and equipment to maintain quality and appeal.
CAPEX Requirements & Investments:
Planning and managing capital expenditures to sustain and grow property value.
Vendor Analysis & Procurement:
Ensuring cost-effective procurement and strong vendor relationships to optimize supply chains.
Annual Budgeting:
Crafting detailed annual budgets that align with your financial goals and operational needs.
Lease Negotiations:
Negotiating favorable lease terms that support long-term profitability.
Concept Development:
Innovating and refining hotel concepts to meet market demands and enhance guest experiences.
Branding & Positioning:
Strengthening your brand's market presence and positioning it for success.
Hotel Management:
Providing comprehensive hotel management services that drive operational excellence and superior guest satisfaction.
Financial Management
At Barrows Hospitality, we are committed to being your strategic partner in hotel asset management. Our expertise ensures that your property not only meets but exceeds its performance potential, delivering strong financial returns and long-term value growth. Let's work together to unlock the full potential of your hotel asset.