Meisel Holdings Managed Services to Offer Hospitality Management Services to Owners, Asset Managers
Meisel Holdings Managed Services said it is expanding its hotel management division to offer hospitality management services to hotel owners and asset managers in the United States.
Founded by Marc Meisel, a long-time hotel management/development and commercial real estate leader, Meisel Holdings Managed Services specializes in yielding above-market profits and building long-term asset value for hotels and resorts. The company says it takes a "fresh approach" to hotel management, not blindly relying on automated intelligence to analyze data and make decisions. Instead it collects a hotel's data and market information and provides deep analysis conducted by individuals that understand operations and marketing. It follows up with personalized recommendations and bespoke action plans.
The firm offers custom strategies based on each property’s unique circumstances, destination, budget, comp set and target markets. Services include:
Operations
Custom-fit a proven operations model to align with each hotel’s unique budget, location, circumstances, brand and condition.
Marketing & Sales
Leverage creativity and marketing technology to drive revenue, traffic, quality leads and stronger connections with the hotel’s target audience. A year-round group sales strategy focuses on achieving room night goals for maximizing occupancy.
Revenue Management
Target the full value of each guest and draw yield from all revenue sources during a stay. Plus, Meisel Holdings Managed Services will use market intelligence to maximize rate and occupancy.
Accounting
Specialized hotel accounting practices to improve revenue performance and thorough analysis of property’s financial data. Leveraging the latest and advanced accounting methods, the firm will provide timely and accurate reporting specific to the client’s needs.
Human Resources
After thoroughly reviewing each property’s unique needs, we will select talent best matched to lead the hotel to asset protection, maximized revenues and elevated guest experiences. Ongoing training and pathways to advancement will result in less turnover and highly skilled staff at every level.
Development/Repositioning
A turnkey partnership for ground-up construction, renovation plus repositioning and rebranding tired assets to move hotels in the direction of long-term value and return.
Restaurant Management
Scalable food and beverage programs to add value to a hotel asset, plus streamline operations to manage costs
Leaders of the company have a long history of experience in hotel ownership and operations as well as development and management of other types of commercial & hospitality properties. Meisel has managed all facets of hotel investment, management, financing and development including identifying and negotiating hotel acquisitions and repositioning existing hotel product. Executives of the firm have held leadership roles at properties stretching across the East Coast, from motels, branded hotels to luxury boutique properties. As a result, Meisel Holdings Managed Services has the very unique ability to understand operations from the ownership side as well as the management perspective and be able to capitalize on this.
The Meisel Holdings Managed Services portfolio spans from luxury boutique hotels to economical motels. Many of the firm’s properties have seen a considerable increase in their TripAdvisor rankings, both in the nation and their respective markets while increasing profitability. The Santa Maria Suites is now ranked as #6 of TripAdvisor’s Top 25 Hotels in the U.S., while the H2O Suites is currently ranked #1 Hotel in Key West, Fl.