Restructuring/Repositioning Services
IHM has operated more than 20 hospitality assets including hotels,
destination resorts and food and beverage operations. Our experience
enables us to bring a broad range of skills and depth of knowledge
to every new opportunity. We are able to quickly identify symptoms,
diagnose problems and then develop and implement strategic solutions.
For each engagement, IHM develops
a Takeover Plan, which begins with an assessment of the current
property situation and an in-depth market evaluation and analysis.
Based on this information, we develop the strategic operating plan
for the business. Our approach ensures from the outset that the
business fundamentals and expectations are fully disclosed, and
subject to client review and approval.
We also provide a detailed “Takeover
Report” that presents vital information about the asset, and
monthly financial and operating reports on an ongoing bases.
We have an established track record
of enhancing the asset’s value by improving:
- Operating efficiencies
- Business reputation in conjunction with employee morale and
productivity
- The physical asset
In addition, our processes have been proven to:
- Control costs
- Increase market share
- Restructure contracts
Results >increasing marketability
of the property = increased realization of profits/sale proceeds.
Turnaround
Management
- Comprehensive Takeover Plan
- Effective hands on management
- Strategic Marketing and Revenue Management Plan
- Professional Staffing and Training
- Effective Cash and Cost Control
- Purchasing network
- Cost Effective / Practical Renovations
- Timely and accurate accounting and reporting
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