Asil Consulting manages hotel real estate projects through all points of transaction to ensure an on-time, on-budget end result.
We provided this service for a prominent worldwide brand that acquired an existing property and redeveloped it into a premier beach resort worth over $100M.
Our assistance with the due diligence and transaction process facilitated a smooth acquisition and redevelopment. Post acquisition, we offered an operational and financial review to ensure that the property’s business processes were in place and accurately reflected the goals that the owners wanted to achieve in the short and long term.
We worked with the management company to define a forward looking plan and business strategy for the future that included potential future renovations, attractions and guest services. We prefer to have a hands-on approach when working with our clients so that we fully understand the business and can support the management team where needed.
In addition to improving back-end procedures within the hotel, we also provided oversight of $75M refurbishment of the hotel including all Food and Beverage outlets within the property. These improvements helped modernise and distinguish the existing offerings.
After the acquisition process ended and refurbishments were complete, Asil remained involved in the resort by offering ongoing asset management and owners representation. We believe that our continued support exemplifies the connection we feel with properties we represent and our dedication to their continued success.