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Hotel Owner’s Tool Kit 2017-06-12T20:12:19+00:00

The Hotel Owner’s Toolkit

The Passport Group is proud to introduce The Hotel Owner’s Toolkit. This comprehensive resource has been prepared exclusively for owners, operators, and entrepreneurs of the wide ranging Hospitality Industry. Whether you are taking your first steps towards hotel ownership or are a seasoned veteran of hotel brokerages, The Hotel Owner’s Toolkit is a valuable, and always free, asset for any hospitality endeavor.

Essential Materials for Hotel Ownership

The Hotel Owner’s Toolkit covers the full lifecycle of hotel ownership, comprising a community-driven compilation of well-informed insights and entertaining educational resources. The remarkable details found within this toolkit have been expertly crafted for the explicit purpose of increasing the hotel owner’s likelihood of success in a demanding industry. The Passport Group and its extensive network of contributors provide a variety of easy-to- use, essential materials for hotel owners, including articles, infographics, industry news, videos, and more. We understand that the Hospitality Industry is fast-paced, ever-evolving, and often exhausting. As such, all of the tools we deliver are guaranteed to be pertinent, concise, up to date, and easily understood.

Created by Hospitality Experts, Fueled by Community

Creating beneficial and enduring partnerships is a key motivation of The Passport Group. Over its more than 20 years of operation, The Passport Group has had great success in, while being informed and inspired by, many different communities. The Passport Group has over 60 years of combined experiences in the Hospitality Industry. Our areas of expertise include hotel brokerage and receivership, hospitality finance, management, consulting, and more. We strive to provide solid principles and exceptional insights, presented in a straightforward and easily comprehended way, for all of our clients.

Take the Lead on Hotel Ownership with The Hotel Owner’s Toolkit

Using The Hotel Owner’s Toolkit, communities and individuals can take the lead on hotel ownership. Collaboration between, and regular feedback from, hotel owners and their communities are paramount for successful businesses. The Passport Group provides a solid model for success in hotel ownership. Thanks to partnerships throughout the Hospitality Industry, The Hotel Owner’s Toolkit will continually evolve with the Hospitality Industry, always seeking to improve the model of hotel ownership through extensive outreach with and generous feedback from all readers and community members.

How to Access The Hotel Owner’s Toolkit

The Hotel Owner’s Toolkit can be accessed through our blog and it’s completely free to you. Be sure to check the category for the blog post for The Hotel Owner’s Toolkit. If you click on the category, all the posts will be in one spot for you! Here is our infographic post describing The Hotel Owner’s ToolKit with links to the blog posts that have been written.

Toolkit Categories

Whether you’re running a single bed and breakfast or managing hundreds to thousands of rooms at multiple locations, or anything in between the two, The Passport Group delivers important wisdom and helpful tips for all hotel owners. The Hotel Owner’s Toolkit is organized according to The Passport Group’s 5 Phases of Hotel Ownership.

Introduction To Hotel Operations

Hire the Right Hotel Team

Hotel Equipment

Effective Hotel Sales &  Marketing- Coming Soon

3 Keys to Profitable Revenue Management

Effective Hotel Cash Flow Management- Coming Soon

Ensuring Hotel Guest Satisfaction- Coming Soon

Manage Your Hotel Reputation- Coming Soon

Preparing a Hotel For Sale

Update the Hotel Curb Appeal- Coming Soon

Maintain Hotel General Cleanliness- Coming Soon

Repair the Hotel Infrastructure- Coming Soon

Make Hotel Amenity Upgrades- Coming Soon

Top 4 Reasons to Invest in Technology Before Selling Your Hotel

Deliver Timely Hotel Financials- Coming Soon

Why You Want to Investigate a Buyer’s Credentials Before Selling Your Hotel

Get Professional Hotel Sales Advice- Coming Soon

Introduction to Sales Preparation- Coming Soon

Factors to Consider When Finding the Right Hotel Broker

Introduction to Marketing & Selling your Hotel

Establish Your Hotel Selling Strategy-  Coming Soon

Find the Right Timing to Sell Your Hotel-  Coming Soon

Get a Professional Hotel Buyer’s Opinion-  Coming Soon

Provide the Right Hotel Information-  Coming Soon

Vet the Hotel Buyer-  Coming Soon

Negotiation From a Position of Strength-  Coming Soon

Closing the Sale-  Coming Soon

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“The Passport Group’s success stems from the valuable personal relationships we have developed with our clients. We communicate the entire process in an easy to understand way, working as a team to make important decisions. Relationships and communication are the cornerstones of our continued growth as Hotel Brokers.”

Jeffrey Durham – Founder & Principal

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