 |
| Byblos Properties provides
consulting services covering a wide range of subjects including operations,
marketing and financial structure. We also coordinate consulting assignments
with major international firms and members of the International Society
of Hospitality Consultants, with which we enjoy special relationships,
so that our clients get the maximum benefit for their dollars invested
in consulting. |
 |
| Operational and Marketing
Analysis |
| We conduct operational
and marketing reviews of hotels for the purpose of identifying shortcomings
in marketing efforts, operational inefficiencies, service deficiencies
which may be inappropriate for that particular hotel, improper and
wasteful payroll scheduling and other waste. These reviews are very
useful for increasing cash flow, developing workout plans or analyzing
budgets and cash flow forecasts for hotels. |
|
| Demand Studies, Market
Overviews and Impact Analysis |
| We conduct services
for owners finding themselves in situations where they must respond
to their franchisor locating an affiliate within the competitive area
or for situations where either new construction is underway or a major
refurbishing will drastically change the distribution of demand within
the market. We also prepare abbreviated Market Overviews and Demand
Studies which consist of a five to ten page report discussing the
potential hotel market, how the proposed property should be positioned
within it and include estimates of annual Occupancy Percentage and
Average Daily Rate. Estimates of operating results over the first
five years of operation are prepared. In cases where a full market
demand study is required by a lender from an independent consulting
firm, we coordinate and supervise the engagement to insure its accuracy
and cost effectiveness. |
|
| Litigation Support
and Expert Testimony |
| Our staff is experienced
in assisting attorneys with hotel industry information, practices
and analysis so as to support litigation involving hotels. That litigation
experience includes operations, contract practices, marketing, financial
structure, mortgage reviews and financial statement reviews, among
others. We have staff who are experienced in both courtroom and administrative
hearings. |
