Management Contracts

Professional Hospitality offers a unique fee structure for hotel management; they make money when you do.

"We have two management fee schedules to choose from. In many cases, we are willing to receive our fees based on the hotels' performance measured by the bottom line profits. When you make a profit, we make a profit. This puts us in your shoes when making difficult decisions on your behalf."
          Bill Krueger
          Senior Vice President

This fee is a percentage of the gross operating profits and, therefore, holds Professional Hospitality accountable for costs as well as revenues.

This fee is a percentage of the hotel's gross revenue.

• Obtaining and maintaining all necessary licenses and permits required for operation of the hotel
• Hiring and training employees or evaluating existing staff and procedures
• Planning and implementing a comprehensive marketing program
• Submitting detailed operating budgets and capital spending budgets prior to each year-end for the owner's approval
• Contracting for all supplies, repairs and improvements
• Inspecting and supervising hotel operations at regular intervals
• Controlling cash and expenses using our unique and efficient procedures
• Paying all bills on the owner's behalf, while carefully accounting for the costs
• Preparing and maintaining all payroll and related tax records
• Preparing complete accounting records, statistics, and reports for managers and the owner on a monthly and annual basis
• Complete risk management services, including negotiations for the purchase of coverage and claims management