| Property Management Services |
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Overall Functioning and management of the hotel.
- We work on Revenue sharing based model with an Initial Set up Fee for managing your Hotel.
- We will appreciate if there is no Involvement and Interferences regarding the running of the hotel.
- We shall maintain transparency accounts and other financial details shall be shared with your company in a regular basis.
- We shall require a few changes to be done in the building according to our requirements which shall be communicated after a thorough visit to the hotel.
- All our Prescribed Standards and Specifications needs to be followed by your company.
- We shall be responsible to appoint a well trained marketing team to handle the marketing aspect and expansion of business, publicity, etc.
- All direct and Indirect costs like salaries and wages, Pension funds, Gratuity, raw material costs, energy bills, licensing fees, Investment cost, Cost of structuring and de-structuring etc shall be borne by the Owners. We shall recruit appropriate staff for easy functioning of the resort, the salary of which shall be borne by the Hotel.
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THE FINANCIAL DETAILS ARE EXPLAINED BELOW:
- Our Visit fee depends on the location of the hotel.It includes transport cost and accomodation for our team.
- SET UP FEE is generally 5% - 8% of the Project Cost excluding the land cost.
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Set up fees would include the following –
- Hotel Management Software and Restaurant POS along with 1 year Annual Maintenance.
- Hotel Website domain,webspace and email to be designed by us with 1 year Annual Maintenance and Search Engine Optimization of the site.
- Cost of marketing set up, staffing at our Mumbai office.
- Supervision and administration of the various functions listed above upto opening of the Hotel.
- Transportation of our staff To And Fro from Mumbai to your hotel till the opening.
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| We would work towards completing the set-up within a span of Three Months, thereafter positioning the Hotel for Business. |
| After Set up Of the Hotel and commencement of Business a % of Revenue shall be shared from the Total Sale of the Hotel. This percentage shall cover all Marketing Expenses after the Set-Up. We would appoint a well trained marketing team to create awareness about the Hotel and market the same as specified earlier. |
| Marketing Office |
| Value Hospitality Pvt ltd. |
Office Address: A / 03,Ground Floor,
Ashwamegh Co-operative Hsg.soc,
Plot No.30,Sector 16A,
New Panvel, Raigad
Pin Code-410206.
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