Hotel and Restaurant development & opening

For hotels and restaurants alike, one of the most stressful and intensive periods is the pre-opening phase where many key systems must be set-up, processes implemented and trained, a countdown timeline planned and organized in detail. Of course, there is also the coordination of multiple partners, contractors, designers, suppliers, external personnel, etc. to achieve optimum synergies and utilization of resources. In this critical preliminary period, the strategic management team and front line staff play a key part. However, it is often the case that certain key human resource positions are filled at different times. In addition many positions join the core team with different levels of understanding and familiarity with the overall project concept and goals. Therefore, it is important to have a central, strategic coordination for professional and precise planning from the beginning stage to give direction. This will ensure success in the long-term and help to reduce rework or even the need for a complete reorientation after opening, which is a waste of the organization’s time and financial resources.

Drawing from the experience of opening over 25 international hotel and restaurant projects in four continents, the team of Walter Junger & Friends, Ltd. developed a professional system for the organization of this critical pre-opening period. From the first step of concept creation, professional support can be provided in the following areas:

• Hotel and Tourism Real Estate

- Feasibility Studies
- Market and location analysis
- Profit and loss analysis
- Return on Investment analysis
- Area and space planning
- Investor and operator search
- Asset Management
- Due Diligence of existing objects/projects etc.
- Utilization concepts

• Concept Creation

• Design & Interior Design

• Art

• Technical Services

• Information Technology

• Kitchen Planning

• Procurement of furnishings (FF&E)

• Procurement of small inventory (OS&E)

• Executive Recruitment

• Pre-Opening Management

• Public Relations Services

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