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Absentee management has no place in the
hospitality business. The risks are too high and the
details too important. The Madison Hospitality Group
prides itself in offering a full range of "hands-on"
hotel management services, spanning the entire hotel
investment cycle. |
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Development and Construction
Whether we're building a new property or repositioning
an existing one, MHG has a proven track record of
identifying economically viable hotel/restaurant
opportunities that are profitable to both investors and
the company. We have the capability to handle all
construction including identifying the most appropriate
hotel product, brand and size based on the market
analysis. We will address zoning and financing issues,
develop blueprints and interior design, and manage all
elements of construction for a new hotel or renovation
of existing hotels. |
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Financial Services
Our staff and outside services of accountants, along
with the operation teams, will establish strong internal
controls, and properly interpret and consolidate
financial information to ensure our hotels are operating
cost-effectively and profitably. With centralized
accounting services and uniform procedures, we improve
cash flow and timely reporting for each ownership group,
communicate clearly and timely, and help our corporate
office and operations teams closely monitor each
property's operation. Performance and compensation,
insurance, associate benefits and retirement options are
all regularly monitored to assure they are competitive,
attractive and affordable for hotel owners. |
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Human Resources
Staff members are our most important assets and that's
why we make sure our hotels and restaurants are staffed
with the best. We provide direction in areas of
compensation, benefits, training, and development to
help create a positive working environment in which our
staff can grow and prosper. We strive towards low
turnover and believe that a well managed performance and
compensation plan in a positive work environment enables
us to deliver the same service we do every day to our
staff members as we do to our guests. |
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Operations
Properties managed by MHG consistently outperform hotels
in their respective markets in both occupancy and
average rate. In review of data from Smith Travel, our
hotels exceed both in penetration and yield in our
markets. Our team is distinguished by a "hands-on,
on-site" management philosophy that ensures top
management is personally involved in every project. As a
result, properties managed by MHG consistently achieve
profitability levels higher than industry standards. |
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Pre-Opening Management
The Madison Hospitality Group is equipped to handle all
pre-opening phases of a new hotel, from architecture and
construction to furniture, fixtures and equipment. With
our years of experience in opening new hotel properties,
you can be assured of a smooth opening. We will recruit
your management team, handle all pre-opening sales
efforts to insure that the hotel is positioned correctly
in the market place, and oversee advance bookings so the
hotel opens with maximum profitability. We have proven
experience in competing directly with the competition
and exceeding market penetration and yield. |
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Product Management
We have vast knowledge of brand standards and
specifications. Our efforts are focused on satisfying
the needs of our customers by providing quality hotel
products. We will also manage items that are so often
disregarded: maintenance, energy, telecommunications and
safety. Programs are implemented to insure that we make
the most of our available resources, decrease
expenditures, and increase profits. |
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Receivership Services
Through our experience with both legal and financial
institutions, we are well postured to handle the
receivership of any hotel asset. We are able to respond
on short notice and will ensure the smoothness of each
and every transition. |
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Renovations
With our knowledge of brand standards and specifications
and our network of procurement companies from design to
architecture, we can assure that each renovation is
postured to compete in the market place and that the
design is timeless. We have excellent experience in the
area of renovation from both the financial and the
design sides to ensure that the project is achieved at
or under budget. |
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