When working with Owners and Hotel Management Companies, our goal at Coast 2 Coast is to provide asset documentation that better informs your investment, management, and development strategies. Whether a boutique or branded property, consistently reinvesting substantial capital into the hotels to drive a higher EBITDA growth rate and successful operating performance.
Some hotel management agreements (HMAs) have comprehensive redevelopment and transformation projects, including guestrooms, public spaces, meeting and event venues. Using our asbuilt documentation of these spaces has enabled managers to prepare for common project delays prevalent in the market today.
As the lodging industry’s recovery accelerates in 2022, the pressure to turn a profit has increased. The hospitality industry is likely to see an increase in distressed properties. Owners are looking to their capital managers to develop long-term strategic plans for Capital Market Transactions and Dispositions.
Team members routinely review the condition of hotels, their market position, and forecasted property improvement plan (PIP) requirements to ensure capital allocation generates the highest returns while meeting hotel brand standards. Hotel managers offer insight to determine if the hotel has an optimized market position and if capital reinvestment in renovations would further improve asset value.
Carla Niemann RID, IIDA
Senior VP of Design & Architecture
14185 Dallas Parkway, Suite 1400
Dallas, TX 75254
100 Pine Street, Suite 3000
San Francisco, CA 94111