| Asset Management | |
| From Repossession to Resell | Download PDF Brochure |
It should never happen, but it does and debtors default on their hotel mortgage. The bank can repossess a house, lock the door, and put it on the market, but not if the property is a hotel, motel or inn. The bank cannot just close the doors in most cases. The property needs to run and doors need to be kept open. That is what we do.
DHI Asset Management specializes in speedy repossession of properties and operates the property in the most feasible fashion until the property is delivered to the new owners.
The goal is to increase the value of the asset and to maximize resale value.
Highlights of our services:
Speedy
Repossession
As early as "Next Day"
Speedy Corporation
and DBA Procedures
Corporate and DBA
applications will be processed the very first business day after the
repossession.
Speedy
Applications for Local Permits
Local authorities require CO even in the
case of temporary repossession. CO also requires various inspection
that need to be processed immediately to eliminate any possible
downtime.
No Operational
Downtime
- Hotel operations will be
be interrupted at all after the takeover as long as staff is not
removed prior to arrival.
- Downtime will be minimal in case of staff removal and/or local
requirements.
Low Monthly
Management Fees
As low as $2000 a month.
Efficient day to
day operations
Minimized operational cost
with increased productivity.
Crash Course
Training
Staff will be screened an
trained within few a few days on
- Operational Responsibility
- Customer Service
- Sales
Reflagging
- To independent but
recognized names, or
- To known franchises when deemed feasible.
Reporting
DHI
prides itself on clear and accurate financial reporting. You will
receive timely and accurate financial and operational reports from
day one, based on your requirements. The reports could be daily,
weekly, monthly quarterly and or annual. DHI tailors the reports
based on your needs and requirements.
Repositioning of
the Property
One of the reasons for the
failure of a property is inaccurate market segmentation and rate
management. DHI is an expert when it comes to rate and inventory
management.
Improving local
recognition and reputation
Most of the failed
properties suffer from lack of local recognition if not native
reputation, DHI increased the community participation of each
property. See
www.communityhotels.com
for details.
High level of
associate satisfaction
Satisfactory work
environment reduces turnover rate. DHI utilizes various methods to
increase staff satisfaction, talent recognition and support.
Beautification
Least costly investment
with highest impact is beautification of the property before putting
it on the market.
Renovation
In some cases, when the
banks deem the need, renovation could be the key to maximize the
margin. DHI staff has renovated and opened many hotels.
Preparation of the
Property for
The property will be ready
for sales from day one.