In situations where there is an operator in place, Parkview Hospitality can provide complete asset management services concentrating on reviewing property operations and capital expenditures; identifying opportunities to increase profitability; ensuring competitiveness in procurement; ensuring the hotel operator is focused on the critical elements of success; and analyzing results on behalf of ownership.

We will specifically provide the following:

• Review and analyze monthly operator performance
• Maximize property return through the pursuit of strategies for value creation
• Participate in planning and monitoring of capital projects
• Administer owner relations and represent the company at board meetings
• Review and critique annual marketing plans and budgets
• Review asset positioning and make comparisons to market competitors
• Assemble and evaluate pertinent market and economic data
• Assist with legal issues and contract compliance
• Preparation of financial projections and valuations
• Prepare quarterly investment performance report
• Administer legal, tax and accounting formalities for each property