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Hotel Management - Overview
HVS Hotel Management Company, headquartered in Newport, RI, is a full-service third party management company. Established by Kirby D. Payne, CHA in 1988, we operate hotels throughout the U.S. and provide clients with the best possible service in all areas of hotel real estate and management to maximize cash flow and return on investment. We bring you the unique perspective of an owner/operator with extensive in-depth consulting experience to your hotel development projects or consulting and litigation support engagements.
We serve management contract, asset management and operational consulting clients such as investment groups, lender institutions, law firms, owners and operators and institutional owners. Our team strives to maximize the interest level of the operator and productivity levels of your property's staff to increase cash flow and also has capital available to advance as loans or equity for hotels managed by the company.
- We help you develop realistic goals for your property and encourage their implementation. We begin by getting to know your property, staff and market, and conducting property visits to help your team carry out the business plan.
- We provide detailed market plans, budgets and capital improvements when appropriate. Periodic reports keep corporate staff apprised of progress and areas needing attention.
- We ensure that the physical maintenance and capital expenditures to improve the property are completed. We can oversee redecorating and refurbishing to enhance market appeal and operating efficiencies.
- We motivate your employees with human resource procedures that create a sense of belonging.
- We negotiate volume purchasing agreements to help you maintain consistency and cost controls.
- Our web-based hotel centralized accounting and accounts payable with ADP payroll systems are widely regarded.
- For management contract clients, we offer reasonable base management fees, a mutually agreeable incentive management fee, and term lengths and cancellation clauses focused to your needs.
- For more details on hotel, motel & resort management, click here.
- For asset management and operational consulting clients, our range of fee structures is tailored to each situation. For more details on asset & oversight management, click here.
Achieving Outstanding Results for You
Our knowledgeable team can maximize your cash flow and return on your
investment. Director Kirby Payne is a 30-plus-year hotel-industry veteran and
served as the 2002 Chair of the American Hotel & Lodging Association (AH&LA). He
is also a former director of the National Restaurant Association and now a
commissioner on the Certification Commission of the AH&LA’s Educational
Foundation.
To learn more about "Strategies and Services to Maximize Return on Your
Hospitality Investment"
click here.
