To view our brochure click here
News
Vision Hospitality Asset Management sponsors the RCI Christel House Open International Charity Golf Tournament
Vision is proud to announce that it will be sponsoring the RCI Christel House Charity Golf Open on 7th June 2010, to raise money for Christel House, a registered charity for impoverished, orphaned and abandoned children. read more…
Vision Hospitality Asset Management will be sponsoring the IHIF in 2011
Vision is delighted to announce that it will be sponsoring the annual International Hotel Investment Forum in 2011.
The conference will run from 7th - 9th March in Berlin.
For more details please go to: http://www.berlinconference.com/ read more…
New Additions
Vision Hospitality Asset Management, Europe’s leading hospitality asset managers, is pleased to announce the acquisition of a further 18 hotels to its extensive hospitality portfolio, within the first quarter of 2010. read more…
Budget 2010 - The need for effective Cost Benchmarking
As 2009 moves into its last quarter, and thoughts turn towards 2010 trading, you may well be asking yourself "Where are we going to pitch next year's budgeted revenues, and more importantly the profits?" read more…
Vision CEO, Clive Hillier Contributes to Property Week Article
Hotels need rigorous asset management to offset falling revenues
Sir Rocco Forte must have breathed a sigh of relief this week after he managed to persuade his lender, HBOS, part of Lloyds Banking Group, to extend his £300m loan facility.
Hotels have been badly affected by the recession (see table) and Forte’s Rocco Forte Collection portfolio of 13 luxury hotels has not been immune. read more…
Where the industry stands
At the current time it is interesting to measure the mood of the industry and in particular that of investors and lenders. read more…
2010 Budgets
As we move into the fourth quarter of the year we are all relieved to see that the hotel market is stabilising. Indeed as we now start to compare with the disastrous fourth quarter of 2008, the year on year performance numbers will begin to look slightly healthier than they were for the first three quarters of 2009. read more…
Where the industry stands
At the current time it is interesting to measure the mood of the industry and in particular that of investors and lenders.
No one believes that we are to see an imminent return to high performance levels but there is a (whisper it quietly) consensus that we have probably reached the initial low point.
The major lenders also seem to be taking a medium term view with the vast majority of their investor and operator partners. Where management teams are demonstrating a firm grip of the realities of the situation then lenders seem (reluctantly) happy to work through "get well" plans. There seems little or no motivation to crystallize situations and therefore to present opportunities for the vulture funds to pick up distressed assets at knock down values. The overriding message, therefore is "demonstrate good control of your businesses and we will all work together to come out at the other end".
As always the Vision team would be delighted to provide any assistance in benchmarking current performance and in assisting the drive for cashflow.
Case Studies
Driving Cash Flow
Through its state of the art best practice model Vision is helping a renowned owner/operator to drive a more than £6m per annum increase in EBITDA. read more…
Strategic Advice
When financial difficulties hit tenant operators our clients can turn to us to advise them on the difficult choices ahead read more…
Determining and Ensuring Forecast Accuracy
Through the management of many hospitality assets Vision has a unique overview of the sector which allowed us to identify that the level of forecasting accuracy was particularly poor in one of our managed portfolios. read more…
European Office
Devon House.
171-177 Great Portland Street.
London. W1W 5PQ.
United Kingdom.
t: +44 (0) 20 7637 3600
Middle Eastern Office
Level 25.
Monarch Office Tower.
One Sheikh Zayed Road.
Po Box 333840. Dubai.
United Arab Emirates.
t: +971 (0) 4 305 0752