Operational, Financial & Facility Assessments
Before acquiring an asset, purchasers and asset managers must first know what they are getting into. Even if things look to be in line at first glance, a focused review of the asset is needed to cover all areas.Parkview Hospitality Group can assist you by providing the following:
Property Assessment
Physical plant review
Review of local market conditions
Assess and compare the subject property to its competitors
Full Operational Review
A review of operating procedures, systems & controls
Staffing and operating policies
Management capabilities and effectiveness
Quality of product and service
Financial Review (Remote and/or Onsite)
Financial statements, records and reports
Cash control procedural audit
Operating ratios
Sources of data and financial process
Line-by-line Profit & Loss assessment against industry standards