Services Provided

HOTEL MANAGEMENT AND FACILITY SOLUTIONS

Prince-Bush Hotels provides management of the day-to-day operations of hotel properties that are productive and efficient while maintaining the ultimate guest experience and have produced measurable results in revenue performance, guest satisfaction, cost management and profitability. We have developed a successful operating strategy that combines economies of size with agility in deploying resources to operate hotels efficiently and profitably. We understand that the value of physical assets is a critical key to financial success. We have extensive experience in developing and executing preventative maintenance plans and evaluating cost benefit analysis of capital expenditures.

ASSET MANAGEMENT

As an owner and investment partner of hotels, Prince-Bush Hotels maintains a highly qualified in-house asset management team to ensure that each and every hotel receives meticulous attention with respect to all facets of value enhancement and maximization. This function extends to all owners and investors where we have a history of successful asset management of a variety of lodging types under various brands. The goal is to ensure that each asset is value enhanced by preparing detailed asset management plans for owners, with specific recommendations to achieve maximum value.

FRANCHISE MANAGEMENT

We work with the franchisor and franchise representatives to ensure maximum benefit to the property for fees paid for the brand. We maintain excellent relationships with all the leading hotel brands to continue to be at the forefront of rapidly changing dynamics as the brands proliferate and evolve. Prince-Bush Hotels can quickly assess brand availability as well as suitability for any given project to ensure that owners maximize value. Franchise relationships include Hilton, IHG, Wyndham Worldwide and Best Western.

HOTEL DESIGN, RENOVATION & CONSTRUCTION MANAGEMENT

We work with the franchisor and franchise representatives to ensure maximum benefit to the property for fees paid for the brand. We maintain excellent relationships with all the leading hotel brands to continue to be at the forefront of rapidly changing dynamics as the brands proliferate and evolve. Prince-Bush Hotels can quickly assess brand availability as well as suitability for any given project to ensure that owners maximize value. Franchise relationships include Hilton, IHG, Wyndham Worldwide and Best Western.

HOTEL DEVELOPMENT SERVICES

Prince-Bush has multi-property experience in all aspects of the development process from site identification to hotel opening. As a leader in hotel investment, management, acquisition and development, the company’s superiority is a direct result of combined professional experience in hotel business development, financing, acquisitions, franchising, owner relations and hotel operations. In addition, our financial resources provide opportunities for the company to focus on growth strategies through hotel investment and joint venture partnerships.

SALES & MARKETING

We use proven sales techniques and accountability to achieve sales goals. Prince-Bush Hotels has earned a reputation for aggressive hotel sales and marketing, for the achievement of occupancy rate and revenue objectives with a clear focus on the bottom line. Our effective sales and marketing strategies produce results that exceed industry averages in sales and profitability. We take a proactive approach that directly results in increased average daily rate above industry standards. By identifying opportunities in every segment of the marketplace, our management team maximizes hotel market penetration and revenue through a comprehensive approach to all distribution channels and motivated sales management.

HUMAN RESOURCES

Human resources management in hotels requires a special skill set. Our HR Solution was built around that concept and is dedicated to helping employers manage every aspect of creating the “perfect” team. We do that by helping you streamline and maximize the front line and bottom line benefits of quality human resource management and by providing clear management objectives and incentives, excellent initial training as well as on-going training of hotel staff for continued high level performance and by providing support in the areas of compensation and benefits to create a positive working environment in which our associates can learn and grow and insure high quality professionalism.

FINANCIAL REPORTING

With our centralized finance and accounting team we can provide timely and detail reports to assist the operations team in better management of the property while meeting the objectives set by ownership. Our accounting team has more than 20 years experience in the hospitality field which allows us to provide expert professionals in all facets of financial reporting. These professionals understand the seasonality of the hospitality industry and the ability to maximize those tendency with quick reporting response while provided strict internal controls to limit loss.

Operational and capital budgeting
Payroll and payroll tax reporting
Monthly P&L statements with commentary
Accounting consistent with the uniform system of accounts
Cloud based financial service
Sales, Tourist and Alcohol Tax Reporting along with appeals
Property Tax appeals
Internal Audits
Income Tax Returns
Accounts Payable
Accounts Receivable
Inventory Controls