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Info for Property Owners
Known for mid-size business-class property management, Pacific Plaza Hotels specializes in maintaining consistent profitability. For over 35 years we have demonstrated successful
turnarounds, renovations, operational restructuring, and inter-property co-operative marketing campaigns that result in an overall return level which outperforms most of the country's similar-sized firms.
Services Operations Prepare, implement and monitor: - business plan
- purchasing and inventory controls
- accounting systems, including reporting
- accounts receivable and payable
- forecasts, budgets and monthly variance
- capital improvement schedules
- recruiting, training, supervising and controlling property management and staff
- establish preventative maintenance programs
- property visits by
corporate executives
Marketing Prepare, implement and monitor: - annual marketing plan
- sales systems
- sales support and training
- group marketing efforts
- coordinate public relations
- review advertising
- assist in production of collateral materials
Finance Prepare, implement and monitor: - prepare monthly financial statements
- maintain property financial analysis documents for annual
tax returns
- monitor annual budgeting process
- analyze financial results, cash flow and industry comparisons
- perform internal procedure reviews
- provide support during tax audits
- administer banking relationships,
including loan negotiations
Development / Consulting Prepare, implement and monitor: - ensure regulatory compliance
- negotiate real and personal property leases
- manage tenant relations
- negotiate
insurance premiums and claims
- initiate and monitor employee benefit packages
- organize group purchasing for equipment, supplies and services
- coordinate legal activities for the property
- interface with property
franchise organization
- assist with facility design, construction and renovation
- evaluate industry trends and information
- interface with owners
Strategic Partners
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