It is imperative for investors deciding to include a hotel in their portfolio to know why they are doing so. JYI Hospitality can help make experienced, educated assumptions about future market conditions and implement a plan to deal with those ever-changing conditions.
JYI Hospitality has over 30 years' experience in helping investors in identifying an opportunity, formulating a plan for it, and then proceeding to evaluate the possibly of acquiring the hotel.
Basic steps in the Acquisition Process (just to name a few)
JYI Hospitality realizes that a hotel is both a business and real estate investment and therefore needs to be scrutinized by those familiar with the hotel industry.
Identifying potential Acquisition hotels
Substantial cost saving using JYI Feasibility studies
Development of 1 5 year Pro Forma
Co-ordinate Appraisals and Market Studies
Determining possible changes in management/Franchise
Markets will change That is a given.
JYI wants the buyer to understand both property and market dynamics BEFORE purchasing the hotel. Once a property has passed our rigorous screening process, JYI can perform a preliminary property and market analysis to establish an initial bid price.
Due diligence of the targeted hotel is a must that is often overlooked by investors thinking they know the business.
JYI Hospitality has vast experience in handling financial, marketing, engineering and environmental audits, just to name a few, that are needed to ensure you make a sound educated decision before purchasing a hotel.
CALL JYI Hospitality Management & Consultants TODAY, before it's too late!