Hotel Asset Management Brand
Vinnca Hotel is a game changing brand in hotel asset management. Over the last few years, the hospitality industry has seen a shift of focus from cost control, only optimizing bottom line profit, to driving top line income through revenue management. And Vinnca Hotel has the team to lead globally and has extreme expertise in this field.
Vinnca Hospitality Pvt. Ltd. is a specialist company in the field of revenue, yield and business management for hotels and lodging properties. With our proven methodology and in-house developed best practices we drive the overall financial results of hotel assets, optimizing the return on investment on your hospitality real estate investment. We aim to challenge the status quo in your local market, and turn your hotel property or project into a market leader. Too many hotels are stuck in traditional ways of operations; we infact, lift your hotel asset to another level, uncovering the hidden revenue potential.
We are firm believers in the power of an independent hotel with a unique product and amazing guest experience, over the conventional hotel chain branding route. Keeping up with the latest developments and innovative solutions in hotel distribution and online travel, marketing can be challenging, with the landscape changing so quickly. But our hotel strategy specialists are here to make turn your hotel around and increase your ROI.
Focusing on the unique selling points of your property, our hotel management team will develop a customized and creative strategic hotel advice plan, to increase the revenue generation power of your hotel or resort. And with our business development expertise and creative approach, we will increase both top line revenue income as well as bottom line profit. We will push all performance levels of your hotel; REVPar, GOPPar, EBITDA, …
Hospitality Asset Management further is segmented :
We differentiate 2 phases within Hotel Asset Management:
· Recruitment and qualification of hotel manager.
· Vendor selection and negotiation.
· Development of SOP’s.
· Recruitment and Training of the hotel staff.
· Development of Financial reporting structure.
· Coaching and steering of hotel manager in operations.
· Monitoring of on-site team performance and service standard quality assurance.
· Identifying opportunities to maximize cash flow while maintaining or improving the market position.
· Seek to improve the physical attributes of the hotel.
· Monitor maintenance of the asset to ensure it remains in tip-top shape.
The following elements are part of our Hotel Asset Management Services:
· Concise reporting
· Benchmarking and best practices
· Operational performance reviews
· Review of staff capability, qualifications, and performance
· Hotel management supervision and coaching
· Quality control & property inspections
· Training planning
· Strategic planning
· Sales & Marketing plan monitoring and advisory
· Revenue management and distribution support
· Expense monitoring and cost control
· Facilities recommendations
· Capital Expenditure planning and monitoring
· Operations budgeting
How We Do It:
Vinnca Hotels maximises the interest level of your Hotel Manager and productivity levels of the property’s staff. We work to maintain and improve the physical condition of your hotel by monitoring maintenance and the completion of capital expenditure projects. We help you develop and communicate your goals for the property to the Hotel Manager and subsequently encourage their achievement by monitoring and directing your team’s efforts towards achieving these goals. And we seek cost-effective ways to maximize value including repositioning, expansion, adaptive re-use of spaces, remodelling, refinancing, other revenue opportunities, and costs of ownership.
Our Hotel Team specializes in:
Revenue Management and Yield Strategies
· Our experts in hotel revenue management and pricing will work on increasing your room and total revenue. With our best practices in hotel yield and distribution we will grow your hotel’s RevPar and GopPar.
· We can support you with your hotel project from the earliest stages. We excel in development of new hotel concepts, and original ideas, including branding and positioning. If you are looking to become the new hot thing in the hospitality industry, we are all ready.
· We specialize in maximizing the return on investment on your hotel investment. Both short turn through profit optimization, and long term through operational cost control and maintenance of the real estate asset, we strategically improve your financial results.
Sales & Marketing
· At the base of the success of any hotel lies a comprehensive sales and marketing strategy. Our team contains experts in internet marketing and online distribution, plus sales representation.
· Guest reviews scores is a direct result of the service standards at your hotel. Our management team implement quality standards of operations and procedures aimed at achieving high satisfaction levels. We already have the accolades and online feedbacks which reveal our expertise areas in operations management.
Over few years, we have built up a proven track record with opening and positioning the hotels. We will help you develop your hotel online and position your concept for success. In preparation of the opening of the new hotel, we develop and implement a hotel business action plan. With our services we position your property to become a leader in its locale, to guarantee you a concrete ROI.
And don’t even think for a moment this cannot be applied in your hotel property. With our revenue manager for hire team we can manage a diverse portfolio of top performing hotel companies, ranging from independent boutique hotels, luxury design hotels, beach hotels & resorts, innovative hotel concepts, apartment hotels, vacation rental properties, tourist apartment blocks, regional hotel firms, and even small country side / rural hotels, modern budget hotels, camping sites and guest houses.
Vinnca Hotels is an innovative hotel management group, for a new breed of hoteliers.
Start planning your hotel project marketing and distribution strategies in time to guarantee the best results!
Bring in the Experts!