Whether you’re a hotel investor, owner or operator, you strive to enhance your investments and operations in an industry that gets more competitive every day. Real estate is at the heart of it all.
Blackstone can provide both the depth and breadth of advice required through a robust and integrated local network. We are a leading – global hotel investment services firm. Our clients look to us for advice and execution on everything from hotel investment sales, valuations and financing advice to asset management, market and feasibility studies, operator selection, research and acquisition advice.
Our services span the hospitality spectrum from luxury single assets and large portfolios to select service and budget hotels, resorts, golf courses, casinos, spas and pubs. We provide you with market-leading hotel real estate expertise and immediate access to extensive research and market intelligence.
We are continually challenged, trusted and engaged to deliver integrated hotel services across the United States and other parts of the globe, helping you to achieve continuous success in an increasingly complex and changing world.
Please see the below list of services that we offer our clients.
With Blackstone Management, you can expect effective hotel management services with results. We operate each hotel as if it's our own, and one that guests want to come back to again and again. Within our award-winning staff we believe that protecting the asset, increasing value, growing the business, and driving profitability in a smart way are universally essential to hotel owners
As partners in your success the steps we take are:
- Establishment of internal controls to safeguard assets and maximize profits
- Preparation of detailed business plans with close monitoring to ensure execution
- Development of business plan and focused management plan
- Active participation by Blackstone executives in the day-to-day operation
- Maximization of food & beverage profits through menu development & expense control
- Generation of cost savings through national purchasing agreements
- Reduction of health insurance costs and increased coverage through corporate group plans
- Institute labor management program to maximize productivity without eroding guest services
- Installation and monitoring of payroll control programs
- Institution of preventative maintenance program to maximize life of equipment and property
- Development of energy maintenance program to maximize efficiency
- Conduct annual operational and internal control review
We apply skills derived from the ongoing asset management of a diverse range of properties across all hotel segments. Our clients benefit from an objective alternative perspective on a range of hotel asset management services.
This gives you access to market information and best practice. Our hotel asset management services include:
- Operational Reviews
- Operator Selection /Negotiation
- Profitability Enhancement
- Strategic Capital Investment
- Budget Appraisal /Negotiation
- Pre-opening Plans & Budgets
Whether considering the acquisition of a single hotel or a large investment portfolio, our professionals use their financial and hotel real estate acumen to achieve the best price, a speedy transaction and certainty of closing.
On the hotel real estate acquisition side, we represent buyers at all stages of the process, from advice on selection and location to opportunity sourcing and due diligence. Our clients have the advantage of our local market knowledge and contacts in capital markets around the U.S, as well as our deep experience in hotel real estate strategy and management. This means a broader value perspective on property utilization prospects—not to mention a finger on the pulse of real-time market conditions at any moment, anywhere in the world.
Blackstone is also a leader in the specialist area of pub investment. That’s why many of the United States most successful pub owners, operators and investors look to us for strategic advice when considering any aspect of their investment.
Our pub investment services include:
- Divestment, Acquisition and Leasing Advice
- Sophisticated Marketing
- Structuring Advice
- Portfolio Analysis
- Speedy, Successful Negotiations
- Access to Corporate Finance Networks
Our pub team is in the market daily, providing access to the latest information to help make the right investment decisions.
Our approach is based on experience and the benefits of working with one national team. This ensures consistency of service across the U.S, a streamlined sales process and a coordinated strategy to achieve the best results.
We work with pub investors large and small, local and national, and when it comes to delivering results, we are unmatched.
Value Recovery Services
Helping you navigate the changing world
Our value recovery experts draw from our fully integrated, global platform to help owners, investors and occupiers address the operational and financial obstacles associated with challenged hotel assets. We seamlessly blend our expertise into creative solutions that will minimize risk and maximize the value of your hotel real estate portfolio.
Our comprehensive array of hospitality advisory services are highly relevant to today’s market challenges and opportunities.
- Asset Valuation
- Asset Management
- Asset Rationalization and Value Optimization
- Distressed Debt Disposition
- Transaction Advisory
- Underwriting Due Diligence
- Litigation Support
- Receivership Services
- Workouts and Restructuring
We will use our market sophistication and depth of experience to give you independent, precise advice on the risks and opportunities that the current market presents.