Hospitality Audits & Operational Reviews
Structured operational audits for owners, asset managers and operators who need an independent read on a property's operating health. Delivered within three weeks with prioritised findings, indicative P&L impact ranges and a clear action plan.
Where this service applies.
- 01Owner or asset manager unsure whether the operating team is performing to potential
- 02An acquisition or refinancing decision that needs evidence from the operating side
- 03An internal team too close to the operation to see the leaks
- 04Brand standards that are inconsistent across a portfolio
- 05A pre-sale operating story that needs tightening for buyers and lenders
What changes for the business.
- Independent findings, fit for a board, within three weeks
- Prioritised recommendations with indicative GOP impact ranges
- An evidence base for refinancing, sale or board reporting
- Operational visibility for owners who are not running the property day to day
- A foundation for any subsequent improvement engagement
How we deliver this engagement.
Scope
Confirm objectives, asset profile, audit depth and reporting format with ownership.
In the property
One to two days in the property. Confidential interviews, P&L review and a standards walk through.
Report
Written report with prioritised findings, ratings and indicative P&L impact.
Findings session
60 minute findings session with ownership and, where appropriate, the operating team.
Why clients choose us for this work.
- Findings reflect what is actually happening in the operation, not desk research
- Reporting format ready for a board pack
- Confidential and ready to sign an NDA from first contact
- Available as a single asset or portfolio engagement
Frequently asked questions.
How long does an audit take?
Typically three weeks from kick off to written report, including the time in the property.
What does an audit cost?
£4,500 to £12,000 per asset, scoped to property size and report depth. Portfolio engagements are priced per asset with bulk pricing above three.
Will the operating team know we are doing this?
That is your decision. Audits can be positioned to the team as external support, an operating review, or a confidential process led by ownership. We follow your lead.
Ready to improve operational performance, profitability and guest experience?
Schedule a confidential consultation with Optimum Hospitality Solutions.