Our clients include:
- Professional hotel investors
- Property investors in need of hotel expertise for managing their investments
- Banks that have assumed control of distressed assets
The typical approach (will be amended to fit the individual situation and client):
- Startup meeting with client and introduction to the hotel
- Market analysis + review of the hotel’s operations
- Introduction to staff
- Management solution: keep current GM, recruitment of someone new, or introducing NHC in a GM role
- Careful takeover planning and executing the listed tasks
- Developing action plans for sales, distribution and marketing
- Continuously overseeing and developing operations, uncovering growth opportunities and realising cost savings
Several members of the NHC team have extensive operational experience from both small, privately owned hotel companies and major Scandinavian chains. We can thus assume the overall responsibilities of a hotel property in order to make a complete turnaround, to optimize, or simply to stabilize operations – depending on the situation.
Should the client need it, NHC can manage the pre-opening or the takeover phase, organizing everything from supplier negotiations, sales and distribution initiatives, staff takeover and organizational setup, etc.
NHC will either identify a new management team, establish a close collaboration with the existing team, or assume the management role ourselves, depending on the individual situation and client’s needs.
Based on business and strategy plans, we continuously develop the hotel operation. We are here to help our clients re-imagine their operations, to uncover growth opportunities and realise cost savings. Operations are closely monitored and continuously improved, while the client receives a weekly status on the hotel’s performance.
NHC has been involved in interim management assignments in Denmark, Germany, France and Bulgaria – managing various types of hotels including seaside resorts, golf and gourmet chateaus, suburban hotels, conference and event hotels, and unique city centre properties. Our involvement in each hotel has been exceptional and tailormade to fit the needs of the client, as well as the current situation and future potential of the hotel in question.
NHC is qualified to undertake the operation while we perform an operator search for a long-term partner. Or, NHC can become that long term partner, operating a hotel independently or as a white label operation with a well-known brand.