GARDEN STATE HOSPITALITY GROUP, LLC

WHAT WE DO

MANAGEMENT

 

Garden State Hospitality Group has extensive experience in managing properties through many economic cycles. Our proven operating strategy combines economies of size with agility in deploying resources to operate hotels efficiently and increase profitability.This experience provides us with a solid foundation to provide outstanding management services to owners by producing measurable results in revenue performance, guest satisfaction, cost management, focused marketing plans, and continuously driving overall profitability and long-term sustainability.Our experienced team offers a full complement of management services designed to provide maximum support and achieve substantial revenue growth. Our hands-on approach spans the entire hotel investment cycle and beyond. With a focus on food and beverage, revenue management, franchisor relations and much more, we utilize our solid foundation in each of these fields to provide maximum profitability to your bottom line. 

 

 

ACCOUNTING:

Accounting is the scorecard of any business, and the Garden State Hospitality Group centralized accounting team provides a strong base for the management of hotel finances. Our centralized accounting service results in the following: lower administrative and payroll expenses, accurate and informative statistic comparable analysis, timely processing of accounts receivable/payable, and prudent daily cash control.

 

OPERATIONS:

Garden State Hospitality Group believes that operational excellence is achieved through active management. Our aggressive schedule of property visits and conference calls with our hotel managers provides guidance, support, and quality assessments to maximize operating efficiencies and customer service tailored to each hotel.

 

SALES & MARKETING:

Garden State Hospitality Group places special emphasis on measurable and effective sales and marketing programs for each of our hotels. Our focus is on local, regional, and national exposure and a personalized sales action plan ensures active promotion of each hotel on a quantifiable basis. We use state of the art sales and marketing software to assist with contract administration and productivity at the property level, while gaining from the assistance of cross-selling our own properties as part of an on-going marketing campaign.

 

PURCHASING AND COST CONTAINMENT:

With our national network of trusted supplier and vendors assembled over the past thirty years, Garden State increases hotel profitability reducing expenses in operations and supplies. Our efficient ordering processes, inventory management systems, food & beverage management, and purchase efficiencies provides our hotels with a competitive advantage in contributing significantly to the bottom line. These relationships, with direction from our development team, also ensure capital improvements incorporate practical design planning to control the capital budget.

 

 

DEVELOPMENT

 

Our business development services are the result of years of hands-on experience within the hospitality industry. In an effort to formulate opportunities and overcome challenges for owners and developers, we optimize the diverse range of issues related to development. Our established relationships across all major brands and networks offer the alliances necessary to ensure a successful transaction, clear strategy for the asset, and quick ramp in performance. In addition, our significant resources are applied to investment and growth strategies throughout each phase of the process. From sourcing acquisitions, development opportunities and due diligence support, to evaluating branding and opportunities for improvement, GSHG is here for you every step of the way.

 

Garden State Hospitality Group creates value by first identifying value-added opportunities, performing detailed due diligence on any assets we target and finally executing our strategy to realize value through incremental operating potential, marketing and rate repositioning, financing, cost containment, and operational enhancement practices. This approach has allowed us to successfully implement initiatives to maximize revenue, and market share thereby increasing the net operating income and the inherent capital value of each investment.

 

Garden State Hospitality has a disciplined focus on acquiring and developing globally branded hotels throughout the United States. 

 

 

• Feasibility Studies                                                         

• Brand Approval and Coordination

• Procurement and Purchasing

• Critical Path Scheduling

• Design and Development

• Site Plan and Master Planning

• Architectural & Contractor Selection

• Local and State Approvals

• Branding Identification

• Third-Party Consulting Agreement

• Acquisition Analysis

• Financial Underwriting

• Construction Cost and Budgeting

• Value Engineering

• Construction Management

• Interior Design

• Pre-Opening Planning