Asset Management

 

Every hotel is a business and represents a unique set of challenges and opportunities. There is no one size fits all model.  An experienced professional can advise a client what role a hotel should play in its market.  MTEL can, with years of experience in the hospitality industry in a wide variety of situations, customize its approach to suit the unique need of each hotel asset(s).  MTEL ensures each managed hotel will achieve gross operating profits that exceed industry standards by carefully analyzing each hotel's financial and market position. MTEL firmly believes in increasing efficiencies at every level, whether it is operations (i.e., payroll, utilities, repair and maintenance costs), suppliers/vendors, real estate taxes, property insurance, or even merchant processing. MTEL provides:

  • Proven financial systems, processes, and strict controls
  • Comprehensive business planning
  • Annual detailed operating budget
  • Annual capital budget
  • Monthly financial statements
  • Internal controls, risk mitigation, and reporting for each property

 

 

If you're in search of a one-stop hotel management company, you're in the right place. Contact Us for an opportunity to discuss your hotel asset. 

 

Learn about the MTEL Approach to Asset Management

 

MTEL can also provide the following select services and help fill in any "voids" in your hotel with the following:

 

Revenues / Yield Management       Sales and Marketing       Financial Management

Managed Assets

Super 8 Greensboro Super 8 Greensboro
Red Roof Annapolis Red Roof Annapolis
Best Western Annapolis Best Western Annapolis
Red Roof Clifton Park Red Roof Clifton Park