Luxury Resort Relais & Chateaux
Horwath provided pre-opening services that included a full market study, hotel valuation and branding opportunities. We then provided asset management services that were based on the ongoing relationships between the Horwath team, the Owner and Owner’s management teams. The objective was to optimize the asset’s financial performance during its initial opening period, with a second goal of creating a small luxury resort hotel product that went onto becoming a member of the renowned Relais & Châteaux hotel brand.
Scope of Work:
Our services included operational assessments, monthly operating performance report, monthly owner meetings, strategic asset management plan, review of annual marketing plans and budgets, financial performance analysis, competitive analysis, and sales and marketing effectiveness, among others.