With a Certified Hotel Asset Manager (CHAM) on the Peck team, owners use us to review current property level performance in comparison to “best-in-class” metrics. We can calculate the value of any gaps in current operating performance and make “implementation-ready” plan adjustments to achieve full economic potential.
Should you consider selling, upgrading, changing brands, or changing management companies? We can help you think through these and other strategic decisions.
Peck Hotel Consulting can work with the brand to steer limited resources into the areas that will generate the most value and return on your capital spend.
Major hotel brands have system costs and relative RePar performance. We can help you select or change to the best option for your location and market. In certain high-demand markets, an independent hotel could be your best option.
Management company selection will impact your NOI more than any other decision. We can help you select the best option for your property while monitoring and influencing their performance.
We can work with your management company to ensure the annual business plan and CapEx plan target key opportunities, as well as reduce potential competitive risks.
Aside from management company selection, the most significant impact on your NOI and/or EBITDA will be the selection of the general manager and other key hires. Peck Hotel Consulting has talent selection tools that can help ensure the right candidate is approved.
We can coordinate with the management company to ensure timely and accurate monthly/annual reporting for your hotel(s).