Authenticity, integrity and Commitment to Excellence
WE DELIVER. BOTTOM LINE.
Performance Hospitality is defined by thinking and acting like owners in all aspects of the operations and delivering superior bottom-line results. Our philosophy is to provide out-of-the-box, intuitive management while maximizing profitability. Our proactive management breaks through the traditional barriers that inhibit efficient operations. Providing innovative, cutting-edge systems and practices, along with transparent communications, is a fundamental part of our commitment. Our core principles reflect our alignment with ownership groups’ objectives and interests.
Targeted, Focused and Cost-Efficient Operations • Cost-efficient, hands-on management and operations with dynamic value-engineering • Cutting-edge management practices and marketing solutions • Strong financial discipline and controls • Continuous corporate guidance and support
Owner Perspective Management Agreement and Fee Structure • Flexible terms and termination • Management fee aligned with flow and owner’s success • No hidden service exclusions and additional costs
Timely and Transparent Reporting • KPI-driven interim reporting • Easy-to-navigate monthly and annual reporting
Ability to Provide Additional Services in Cost-Effective Manner • Strategic alliances with construction, branding and capital needs companies • Extensive experience and expertise in creating value through transitions • Concept planning of value enhancement alternatives
Self-Expression and Open-Source Platform
AGREEMENT IN ALIGNMENT
Our hotel management agreement is designed by owners for owners.
Management Fee Aligned with Owner’s Success • We believe that value for the owner is created in all areas of the operating statement, not just the top-line revenue • We construct our base management fee as a percentage of both total revenue and gross operating profit
No Hidden Service Exclusions or Additional Costs • We believe that management fees should cover all aspects of operations and oversight • Ownership is only charged additional fees for truly ancillary services or those usually provided by third parties at higher costs, such as centralized accounting and centralized reservations, when the alternatives are thoroughly evaluated and costs are justified
Flexible Terms and Termination • An initial five-year term with extension options • Can be terminated with 90-day notice at any time after first year • Can be terminated upon sale without any additional fees due
Our Success is Your Success.
We believe in providing each hotel the competitive edge for superior performance. We believe in management as a relationship of mutual benefit, and we are confident that we can deliver on all of your expectations.
and Interest in Mind
Performance Hospitality offers a full-suite of property and asset management services to maximize the value of your investment. We employ industry-leading systems and processes to ensure efficient execution at every stage of the investment lifecycle.
Operational Enhancement • Hotel operations • Sales and marketing • E-Commerce and social media • Revenue management and strategy • Food & beverage operations • Human resources • Accounting • Information technology • Local and national procurement
Asset Maximization • Transition strategy and analysis • Capital budget management • Project management & procurement • Franchisor relations • Lifestyle branding • Creative services • Pre-opening services • Insurance and risk management • Legal
Strategic Approach • Value-focused execution • Responsive executive attention • Allocation of in-house or centralized resources • Leverage local and national relationships • Affiliation with critical project contributors: o Investment support o Construction management o Branding and distribution