Services

Asset Management

At Above and Beyond Hospitality, we are focused on optimising the returns from operating the hotel business. Our objective is to ensure that the hotel asset realises its true potential by helping the unit operations team. We use market intelligence, logical assessment and industry best practices; we offer a perspective of balancing hotel operations with the financial objectives of the owner and investors. We begin with a detailed Asset Performance Review that allows us to verify the issues and recommend solutions. Then, the client can execute the identified strategy internally or with the help of the Above and Beyond Hospitality Management team through Full-scale Asset Management or Owner Representation Services.

Our Approach to Asset Management

Review Phase

Asset Performance review

We analyse the Asset performance and its potential. This phase is one time and performed at the beginning of an entire activity.

What do we Review?
  • Positioning and Strategy.
  • Market Segmentation.
  • Market Intelligence and Competition Analysis.
  • Revenue Management Strategies.
  • Market performance.
  • Departmental Expense.
  • Human resource practices.
  • Operational Departments.
  • Process review.
  • Guest services.
  • One-time mystery audit.
  • Detailed recommendations.
  • Full-Scale Asset Management
    We provide strategies backed by the SMART plan.
    How do we Execute?
  • We execute plans formulated from strategic asset reviews.
  • Asset Repositioning and Re-setting.
  • Revenue and CapEx Budget.
  • Optimise Market Segmentation for the Asset.
  • Oversee Sales and Marketing activities.
  • Oversee Revenue Management strategies.
  • Optimise Departmental expenses.
  • Optimise Human Resource Issuance.
  • Evaluation and Improvisation of Internal Processes.
  • Renovation Planning and Support.
  • Owner Representation
  • Positioning and Strategy Review.
  • Revenue Budget Review and Forecasting.
  • Capital Planning & Investment.
  • Monthly Meeting with Operations Team.
  • Evaluation of Internal Processes.
  • In-depth Analysis of Internal and Industry Benchmark Data.
  • Why Above and Beyond Hospitality for Asset Management?

    We all comprehend that asset management can render short and long-term yields for hotel investors. In addition, working on asset management can be a tremendous advancement in remuneration or even a lower cost, which enhances the enterprise's inflow of money in the short run.

    You can rest assured of the grade in engineering, procurement, Human resources and internal controls.

      We stand out in providing advice on

    1. Hotel Operations.
    2. Sales.
    3. Revenue Management.
    4. Online and Offline Marketing.
    5. Management agreements.
    6. Annual budget allotment.
    7. Human Resource allocations.

    Lastly, we assure to keep our clients' requirements and sentiments aligned with ours.

    Hotel Operations Services

    At Above and Beyond Hospitality, we are vigilant about optimising the returns from operating the hotel business. We intend to assure that the hotel asset acknowledges its true potential by permitting the unit operations team. We utilise market intelligence, logical assessment and industry best practices; we propose a stance of balancing hotel operations with the financial objectives of the owner and investors.

    We begin with a comprehensive Asset Performance Review that authorises us to verify the issues and recommend solutions. Then, the client can complete the determined plan internally or with the assistance of the Above and Beyond Hospitality Management team through Full-scale Asset Management or Owner Representation Services. Be rest assured by associating with us that the

    Our comprehensive management solutions cover the following areas:

    1. Day to day operations.
    2. Sales and Marketing.
    3. Finances.
    4. Purchase or Procurement.
    5. Engineering or POMEC.
    6. Security.
    7. Human Resources.

    Why Above and Beyond Hospitality for Operations Services?

    Sales & Marketing, Revenue Management Services

    Business mix optimisation
  • Create strategies to achieve a suitable business compound.
  • Help improve penetration in underperforming segments.
  • SWOT analysis.
  • Displacement analysis.
  • Pricing Strategy
  • Competition Analysis.
  • Dynamic pricing mechanism.
  • Usage of restrictions.
  • Promotions to optimise low and high periods, respectively.
  • Data mining for trend analysis.
  • Rate parity across multiple platforms.
  • Rate fencing.
  • Price elasticity study over weekdays and weekends on a requirement basis.
  • Forecasting Models
  • Historical and Advanced Booking Models.
  • Assessment of Pace report, Daily Pick-up report, and Sales productivity report.
  • Incorporate City sold-out dates and demand spike periods.
  • Banquet Space Revenue Optimization.
  • Online Channel Management
  • Web Content Management.
  • Work with OTAs to drive special promotions.
  • Offer advice for SEO and SEM activities.
  • Managing revenue related tasks periodically.
  • Distribution Management
  • Improve GDS productivity.
  • Direct and indirect channel balance.
  • Marketing budget assessment.
  • Identify gaps or leakages in reservations.
  • Food and beverages revenue management
  • Analysis of F&B outlets' revenues.
  • Competition analysis.
  • Identifying new trends and implementing the idea.
  • Ensuring proper optimisation.
  • Why Above and Beyond Hospitality for Sales & Marketing, Revenue Management Services

    When it comes to Hotel Management, Sales and revenue management plays a vital role. To reach an extensive gathering of differently scaled hotels, we deliver the most suitable online and offline sales and revenue management and operations across the industry. As a result, we assure you of advancement in the RevPAR of the hotels.

    Pre-opening Services
    • We will assist with all operational specifications of the project.
    • Participate in the budgetary process, selection and purchase of FF&E.
    • We are operating equipment and supplies.
    • We supervise and prepare all standard operating procedures.
    • Recruitment and training of employees.
    • We help in the development and implementation of Sales & Marketing activities.
    • We help in the development and implementation of Market analysis, providing competitive positioning and marketing plans.
    • Implement all required reservation standards and a global distribution system.
    • Supervise the development of the project sales & marketing collaterals and contractual sales agreements.
    • Undertake to secure and make contractual arrangements with concessionaires, licensees, and other third-party contractors.
    • Prepare and monitor the pre-opening budget and expenses.
    • Supervise the preparation and execution of a program of pre-marketing activities and opening festivities for the project.
    Why Above and Beyond Hospitality for pre-opening services

    Our expertise lies in pre-opening, and we assure to provide proper consultation and give essential information on expenditure for hotel owners to be aware of the operational specifications. We uphold typical operating procedures for each department, implemented with the hotel staff's help.

    We also help develop the proper strategy for Sales & Marketing and understand the distribution system usage.

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