Pinnacle Advisory Group's Hospitality Asset Management Services division provides advisory services to hotel owners and investors to achieve optimal performance from their hospitality investment. As complex, market-sensitive, capital-intensive and personnel intensive operations, lodging facilities require constant oversight by professionals who specialize in this asset type. Pinnacle Advisory Group’s operations and market analysis experience positions the company well to achieve the individual goals of each owner and investor.

Pinnacle tailors its services to client needs, including complete oversight of the property management and regular detailed financial reporting. Under these assignments, management staff would report directly to Pinnacle and Pinnacle would report directly to the hotel owner. Additionally, Pinnacle is available for periodic advice on specific issues ranging from employee incentive plans, secret shopper reports, to annual budgeting and strategic planning. Our staff is well seasoned in several aspects of hospitality asset management, and as such, Pinnacle is versatile enough to accomplish any task efficiently and cost-effectively.

In Serving As A Lodging Property Owner's Representative, Pinncale's Services Can Include The Following:

• Monitoring the operator's compliance with operating agreements: Including full analysis of the operating agreement clauses, such as fee payment, reporting requirements, staffing levels, and services provided.
• Acting on behalf of the owner in negotiations with the operator to reach consents and approvals under the operating agreement: This can include negotiation of both management contract renewals and new contracts.
• Advising the owner on annual business plans and the annual capital budget presented by the operator, including recommendations for adjustments to the proposals: This requires a review of the property’s current financial statements, budgets and market analysis.
• Conducting monthly meetings with the operator to evaluate financial, marketing and operational goals: Owners meetings will typically include discussion of progress to date on pre-established goals and objectives of the management staff. Ownership may or may not choose to attend the meetings, but Pinnacle will provide monthly summary reports to the owner of these meetings.
• Evaluating insurance, licenses, leases and contracts: As Pinnacle reviews the strategic positioning of the specific hospitality asset, our analysis will include the review of existing and potential contracts that may enhance the property’s strategic positioning.
• Providing centralized accounting services: for owners of more than one property, Pinnacle can provide centralized accounting services to the owner, allowing comparison and an overall perspective of the hospitality investment.

Representative Client List

• Black Point Inn - Maine
• Doubletree Guest Suites - Cambridge, MA
• Goodwin hotel - Hartford, CT
• Inn at Harvard - Cambridge, MA
• King Christian Hotel - Christiansted, USVA
• Marriott Hotel - Burlington, MA
• Peabody Hotel - Orlando, FL