Premier Hotel Advisory Services & Hospitality Consultants
Prism Hotels & Resorts is an award-winning full service hotel management, investment and advisory services company, with a team of Professionals offering experience unmatched in the industry. Not only do we offer years of hotel management experience, we also offer thorough expertise with hotel advisory services, including project management, asset management, accounting consulting, and brand transitions.
At Prism, asset management is centered around an initial operational assessment, which provides a comprehensive analysis of the real estate, underlying hotel operations, the brand, the market, and the competitive landscape. Over the years, Prism has performed numerous assignments and utilized our asset management expertise to ensure that the current operator & owner are capitalizing on every opportunity to maximize the performance of the hotel.
Prism offers a platform of specialized accounting consulting, which “checks and balances” hotel operations to drive success for ownership. These hotel advisory services include financial reporting to keep a tight rein on labor, food & beverage, and other costs, analytic services to evaluate hotel operations and financial projections, and forecasting for effective expense control. Prism’s accounting consulting services cover a diversity of hotels, from luxury hotel brands in New York City to small select-service hotels.
With Prism’s brand transition services, ownership can augment their operational results and value when a hotel changes their flag. Whether up-branding or down-branding, there are technicalities that must be accounted for to have a seamless transition. Prism knows exactly how to evaluate and select the appropriate brand, negotiate the terms, implement the PIP, and execute the transition.