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  Acquisition Review

Operational, Financial & Facility Assessments

Before acquiring and asset, purchasers and asset managers must first know what they are getting into. Even if things look to be in line at first glance, a focused review of the asset is needed to cover all areas. INNovative can assist you by providing the following: 

Property Assessment

Physical plant review
Review of local market conditions
Assess and compare the subject property to its competitors
Full Operational Review

A review of operating procedures, systems & controls  

Staffing and operating policies
Management capabilities and effectiveness
Quality of product and service
Financial Review (Remote and/or Onsite)

Financial statements, records and reports

Cash control procedural audit
Operating ratios
Sources of data and financial process
Line-by-line Profit & Loss assessment against industry standards

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INNovative Hotel Management 2009