Hotel Operator Appointment

Finding the perfect fit

The First Group Asset Management’s hotel consultancy team members are experts in negotiating hotel management contracts (HMC) and to date its team has secured more than 30 HMC’s with some of the world’s leading hotel operators – a factor which is a driving force behind the success of its client’s hotel properties.

TFG Asset Management sources the perfect hotel partner by ensuring:

  • Only the most suitable operators are selected and pre-qualified for consideration
  • The operator’s brand strengths, portfolio, management style, reservation systems and fee structure are meticulously evaluated

Once the hotel operator is selected, TFG Asset Management takes care of every intricate detail including:

  • Handling all commercial terms and conditions for the Memorandum of Understanding
  • Negotiating and securing Hotel Management Contracts (HMC) or franchise agreements

 

Pre-Opening Assessment

Make a last first impression

TFG Asset Management knows that the pre-opening stage can be crucial to the future success of your hotel property. Its dedicated hotel consultancy team has been involved in a large number of pre-opening hotel projects and fully understands the critical path that must be followed before the first paying guests can arrive. TFG Asset Management aims to facilitate the smoothest of launches by ensuring that every detail prior to opening your hotel for business in Dubai is scrupulously attended to.

Key pre-opening services include:

  • Assessment and supervision of pre-opening programme
  • Support with appointment of key executives
  • Pre-launch budget review and advice
  • Assistance in development of marketing strategy
  • Overseeing development and implementation of operating guidelines, policies and procedures at the outset
  • First year budget review and advice

Hotel Operations Assessment

Small changes for top returns

TFG Asset Management has the credentials and capability to offer expert evaluation and analysis of your business operations. Assessments can range from an isolated or potentially stagnant area of concern, to an in-depth and complete overhaul of operations. TFG Asset Management’s expert team make qualified recommendations and provide advice on implementation, with the aim of making a real difference in the overall running and profitability of your business.

Services include:

  • Revenue and expense benchmarking
  • Operating costs review & cost-benefit analysis
  • Internal control procedures
  • Quality control and service standards checks
  • Pricing strategy evaluation
  • Marketing plan and strategy review

Concept Design & Development Consultancy

An expert eye for detail

TFG Asset Management team has consulted on many hotel developments in Dubai and beyond, assisting and advising throughout the entire design and concept phase. They know that developing the best plan is vital, particularly at the very early stages of a project, and that it is essential in order to achieve a hotel that is operating more efficiently and cost effectively. TFG Asset Management oversees every intricate step of development from start to finish, continuously reassessing your brief to make sure it measures up to your vision.