Asset Management
For hotels where the operational management is encumbered with longer term management agreements with unrelated parties, Vertiq will work with owners and investors to review the performance of the hotels with the objective to seek value creation opportunities in the operations, real estate and finance/capital related areas.
Asset Management Services include:
- Operational, sales and marketing reviews
- Negotiation of annual budgets and ongoing monitoring of performance and forecasts
- Full-P&L accounting services
- Financial control (including capital and operational expenditure) and cash flow management
- Securing financing, financial reporting and re-financing
- Capex investments
- Hold/sell analysis
- Preparation and execution of a divestment programme
