Consulting

• Project & Objekt Analysis

Quick Check:
In view of the intricacies of a special property such as a hotel, hotel & resort or residential & suites real estate, HRC does a Quick Check of all relevant aspects. This includes building & corporation laws, and economic, commercial, legal, fiscal, architectural and technical features.
 

• Analysis of Profitablity

Profitability and Market Analysis:
Assuming that the Quick Check is positive in terms of location and demand, an in-depth profitability study is then carried out. For this, HRC produces a detailed location and market study using latest branch data and personal research on-site.
The result is an independent analysis of profitability based on the internationally accepted and most frequently applied Uniform System Of Accounts in which the anticipated trading results of each department as well as of the enterprise as a whole are ascertained.
HRC further elaborates a concept for the property usage including a detailed room logbook which is used by the planning architects as a model and reduces the preliminary planning costs. In addition we at HRC estimate the necessary investment costs using specified parameters and figures already available to help our clients weigh up their risks and make informed decisions for their planned investments.

Development

We at HRC offer in-depth and up-to-date expertise with regard to the conceptual, technical, planning and economic development of hotel and accommodation real estate.
 

• Concept and Utilisation Analysis

Location-related utilisation check of the property and the mix of offers in hotel, gastronomy and other services. HRC will also identify additional services which will optimise the utilisation of the property.
Identifying project definitions and range of products.
Generating detailed and economically optimised room logbooks which are a valuable resource at architects briefings.
Detailed description of the general and preliminary standards (construction and quality) for the interior decoration and facilities including preliminary costs which can be used as part of the contract or pre-contract for lease or management negotiations.
 

• Investment Costs

Planning and appraisal of capital costs including FF&E (fixtures, furniture & equipment), inventory / OS&E (operating supplies & equipment) through to consumables.
Demarcation list of building and technical costs for FF&E as part of the project's total costs calculation and for negotiations with operators, investors, builders, interior decorators and general contractors. Detailed appraisal for the pre-opening and definition and allocation of costs before opening as a necessary part of the overall project costs determination and as a basis for financing concepts or for negotiations with operators.

Real Estate Solutions

This business segment unites all the core competences of HRC and our strategic partners. The acquisition of a strong hotel corporation and the subsequent establishment of a long-term contractual relationship are crucial to the development of a hotel project or the re-positioning of an existing property.
 

• Hotel & Operator Search

Thanks to the solid relationships we have built up with both better and lesser known international hotel groups and expanding hotel operators, we can offer various customised solutions for the operation or management of a property.
The range of solutions comprises budget and economy operators, three- or four-star brands as well as operators for the upper five-star properties in the business and resort segments whose requirements we know or may even have helped to define. We choose the right partner effectively and discreetly.
 

• Hotel Investment Service

HRC offers hotel owners in-depth consulting, servicing and broker service for their properties. We at HRC maintain extensive long-term relationships with institutional and private investors, both national and international, whose strategic investment planning includes the hotel real estate segment.