Hotel Life Cycle

Optimization Strategies for Our Client’s Journey

  • Are all of your systems, teams, and operations optionally functioning to produce maximum revenues?

  • Do you need to augment your team in order to achieve your revenue and customer experience goals?

  • Are you acquiring new hotels and need transition support?

  • Are your hotels exceeding ownership expectations & KPIs?

We provide solutions for all of this and more. Our senior-level team of experienced hospitality executives specializes in helping hotels profit. See what services we offer for each phase of a hotel’s life cycle.

 
 

Dragonfly-Hotel-Life-Cycle-Planning.png
  1. Design, Development, Acquisition 

  • Understanding and aligning with ownership goals

  • Proforma

  • Market feasibility study

  • Competitive set analysis

  • Brand/soft brand ~ independent evaluation

  • Management company search & selection

  • Space planning including meeting space, room configuration & amenities


Dragonfly-Hotel-Life-Cycle-Pre-Opening.png

2. Pre-Opening

  • Comprehensive commercial strategy

  • Outsourced revenue strategy & optimization

  • Launch strategy

  • Guest experience & loyalty strategy

  • Guest experience standards

  • Organizational structure design & modeling

  • Recruitment & task force staffing 

  • Budgeting

  • Guest communication strategy

  • Web site development & content creation

  • Outsourced sales & catering administration

  • Technology search & selection

  • OTA & partner contract negotiation

  • Technology installation & integration

  • Training & professional development


Dragonfly-Hotel-Life-Cycle-Launch.png

3. Launch

  • System and hotel go live management

  • Task force opening/migration team

  • Team training & readiness

  • Launch marketing & grand opening event plan


Dragonfly-Hotel-Life-Cycle-Operating.png

4. Operating 

  • Commercial strategy management

  • Audits: revenue, sales, marketing, distribution, operations

  • KPI performance review & recommendations

  • Outsourced revenue strategy & optimization

  • Task force revenue strategy & management

  • Forecast & budgeting model

  • Group valuation model

  • Actionable reporting

  • Asset management

  • Team training, education & mentoring

  • Digital strategy & agency management


Dragonfly-Hotel-Life-Cycle-Database.png

5. Migration 

  • Revenue & distribution systems search & selection (PMS, CRS, SCS, RMS, CRM, IBE)

  • Hotel operations platform search & selection

  • System migration & integration

  • System implementation

  • Partner migration including channel & GDS connections


Dragonfly-Hotel-Life-Cycle-HotelRoom.png

6. Renovation, Rebrand, Reposition

  • Proforma

  • Renovation ROI modeling

  • Reposition strategy

  • Re-entry market plan

  • Flag change evaluation & management


CONTACT US TODAY FOR A FREE 1-HOUR EVALUATION.