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Professional Hospitality Advisors
“Integrated Consulting Solutions and Management Services for
Hospitality Businesses”
Repositioning, Restructuring and Distressed Property
Recovery
IHM provides a full range of repositioning and distressed property recovery assistance.
Having completed more than 30 hospitality asset repositioning and restructurings
assignments, for a wide variety of stakeholders (shareholders, lenders, legal and
restructuring firms, and insolvency professionals), IHM has assisted in:
- Operational Reviews and Symptom Identification;
- Assessment of Treasury Function and Cash Management Practises;
- Assessing Financial and Management Reporting Systems;
- Evaluation of Operational and Internal Control Systems;
- Operational Benchmark and Market Share Analysis;
- Evaluation of Labour Cost Management and Operating Efficiencies;
- Assessment of Sales & Marketing Plan and Execution;
- Market Distribution and Assessment of Revenue Management;
- Development of Extra Net and On-Line Travel Agent Relationships;
- Evaluation of Asset Condition and Assessment of Deferred Maintenance;
- Contract Review and Analysis;
- Evaluation of Risk Management Practises and Insurance Coverage; and
- Management Team Assessment and Replacement.
With industry professionals representing more
than 200 combined years of senior management expertise, IHM delivers
an experienced team approach to repositioning and turnaround management
and recovery; including:
- Comprehensive Asset Assessment and Takeover Plan;
- Hands on Management, Supervision, Coaching and Mentoring;
- Operational and Internal Control Systems, including Cash Management
and Treasury functions;
- Comprehensive Financial and Management Reporting Systems;
- Strategic Marketing, Distribution and Revenue Management Plan;
- Human Resource and Labour Cost Management Systems;
- Capital Replacement and Deferred Maintenance Remediation Programs;
and
- Professional Training and Safety Programs to mitigate Risk.
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