Compass Hotels Management continue to work alongside a range of other consultants with complementary disciplines and skill sets in order to deliver a variety of assignments in support of their clients.
We continue with strategic business appraisals and feasibility studies as well as ongoing support work.
In an ongoing assignment, Compass Hotels Management have been working with a multi-site Owner / Operator to establish the strategic direction for their business: a hold and dispose strategy, operational input at certain sites, support for the CEO as well as Owner thus both an asset management focus and operational focus.
There is something very satisfying about completing a longer-term assignment and executing the handover to the client in full knowledge that they are well prepared to continue to grow and deliver all that we have shared, learnt and achieved together.
Compass Hotels Management were honoured to be recognised as Best Hotel & Hospitality Consultancy 2024 – Wiltshire in 2024’s Lux Life Hospitality Awards!
Reviewing a period property which has such character and history is a real privilege.
Unfortunately, sometimes, these properties have somewhat lost their way and bringing in a third party to experience, review, interrogate and objectively challenge existing practices helps to start the process of re-setting the business.
As we complete another busy year, we look back on a few of our successfully completed assignments:
As we approach the end of October 2022, we complete the first year of an ongoing relationship with a private hotel operator in Bournemouth.
Specifically focused on health and safety support, Julian Tee has introduced a cloud based H&S system for use within the hotel and supported the senior leadership team in implementing a culture of health and safety within the operation.
Attention has been given to fire safety, food hygiene practices, lift safety, general health and safety across the business and statutory compliance such as electrical and gas inspections.
Here’s to our second year supporting our client at this property and as they develop plans to expand their portfolio.
Working on behalf of an associate, Julian Tee has undertaken a strategic business and operations review for a Branded hotel in Buckinghamshire.
Part of an international brand and owner operated under a franchise agreement, Ownership requested the review focus specifically on areas of review generation and F&B cost control.
Following an unannounced overnight stay to appraise the service standards and observe F&B service practices, detailed discussions were held with Ownership and members of the senior leadership team within the hotel to establish areas of need, “pain points”, gaps in knowledge and procedures and to understand where support would be valued.
A detailed report was submitted for Ownership to review with opinion, recommendation and further actions for implementation.
Administrations happen for a number of reasons and being called in to support administrators can be a challenging brief.
On this occasion, LSS Group were appointed by administrators to continue to trade a 4 star asset in the Midlands, pending disposal.
Working on behalf of and alongside LSS Group, Julian Tee supported those left in the business to balance the accommodation bookings, implement simple systems for the restricted operation and ‘steady the ship’ in readiness for disposal.
A detailed RAG report was produced on Health and Safety concerns at the request of the Administrator with evidence gathered from data on site and communication with former hotel suppliers.
The hotel has now been sold and continues to trade.
Julian Tee was engaged by a third party to support and deliver a detailed report on total revenue projections over a 5 year period for a new build development site in Wales.
Strategically located on a coastal site, the proposed high end boutique hotel development offers a rare opportunity to operate in such a beautiful location.
Initially, the focus was on accommodation revenues; however, the project morphed to include full P&L projections and rationale looking at comp set data and current cost trends.
At the time of writing, the development has been taken to market and we wish the vendor every success in their disposal strategy.