Services






 

Midwest Hospitality operates in all aspects of the hospitality industry.

 

Initial Planning:
Hotel Development Assistance:

  • We can assist the developer in all aspects of analyzing and pulling together a successful hotel development from the very first stages of
    site location, market feasibility, and franchise selection.
  • Review offering documents, initial proformas and budgets.
  • Create investor contacts and offering process

 

Pre-Opening Operations:

  • Establish company policies and procedures, including a team member handbook
  • Hire General Manager and Sales Manager
  • Work with General Manager in hiring, training, staff scheduling
  • Create and/or order printed sales materials that are needed
  • Assist General Manager/Sales Manager with Marketing Plan
  • Conduct some initial pre-opening sales calls
  • Create online social media
  • Assist General Manager/Sales Manager with Grand Opening
  • Assist with basic FF&E ordering, scheduling, storage
  • Consult with hotel Franchisor for opening procedures and scheduling of initial training
  • Assist with hotel website creation through franchise

 

Pre-Opening Operations: FF&E Procurement

  • Establish FF&E budget
  • Hire and oversee FF&E company
  • Coordinate ordering, delivery, payment, franchise specifications

 

Post-Opening Operations:

  • Set up payroll, accounting system and create financial structure with accountant firm
  • Create, review and analyze monthly and yearly operational budgets
  • Review monthly and yearly financials with General Manager
  • Review rate maximization through yield management
  • Control energy costs
  • Create preventative maintenance programs
  • Receive purchasing power through economies of scale
  • Work with General Manager on overseeing staff
  • Implement General Manager and Sales Manager incentive programs
  • Conduct General Manager and Sales Manager reviews
  • Assist with Sales & Marketing promotions, materials, marketing plans, training, social media
  • Identify new and existing target markets
  • Conduct sales calls
  • Food & Beverage: Monitor Food & Beverage costs and labor costs, implement inventory control measures, enforce quality standards,
    review set-up and clean-up operations, oversee personnel
  • Consult with hotel Franchisor for following standards and requirements
  • Review daily Occupancy report, Weekly Sales Recaps, Monthly Sales Recaps
  • Update investor website on a monthly basis
  • Communicate with investors regarding investor rooms, perks, financial questions, K-1s, etc

 

Post Opening Operations: Accounting

  • Midwest Hospitality has a strong relationship with a local and reputable CPA Accounting firm who does the accounting for the hotels.
    They provide a range of services such as Payroll, Accounts Payables, Taxes, K-1s, and Financial Statements.

 

Consulting:

  • Midwest Hospitality can do any of the above items on a consulting basis only.

 

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