Services - Zions Hospitality

Identify and secure appropriate site
Perform market analysis and determine the feasibility of satisfactory investor returns
Bring together the investor group sufficient to capitalize the project
Establish an LLC with an operating agreement acceptable to the members.
Obtain the hotel franchise. This includes preparing and filing the application. The application fee will be reimbursed upon obtaining successful project financing.
Manage, oversee, and control the development of the project including the design and construction.
Negotiate the necessary construction contrat, long term financing, and leases at terms agreeable to all parties.
Sign as guarantor on the franchise agreement and sign as required to secure financing.

Develop detail pre-opening budget for property for approval by owners
Develop project timeline for key activities through property opening date
Carry out pre-opening activities within authorized budget
Provide monthly reports on project progress
Develop detailed operating budget for property for approval by owners prior to opening date

Establish bank accounts and other financial services for property
Establish third party credit card processing agreements
Set up books and chart of accounts needed to perform financial reporting
Track and properly account for all pre-opening costs as either operational or capital expenditures
With proper accounting controls make payments on authorized invoices and contracts
Ensure hotel staff is properly trained to use systems and processes prior to opening date

Provide selected architect with necessary specification and requirements from franchisor to develop plans for property
Participate in contract negotiations
Provide advisement and consultation to architect on plans
Coordinate plan approval with franchisor
Work with architect to develop contractor specifications

Review bids / proposals from potential general contractors
Participate in the selection of and contract negotiation with the general contractor
Act as owners representative with construction process
Assist in bringing best of practice solutions to construction to minimize costs, meet construction timelines and provide needed quality
Participate in regular progress meetings between architect and general contractor
Make payments to general contractor on construction progress as approved by architect and lender
Review and approve all change orders following receipt of architects recommendations
Coordinate and attend Franchisor construction, fire/life safety and pre-opening review meetings

Establish list of needed inventory and supply items for property
Identify appropriate opening inventory levels
Solicit bids where appropriate to identify preferred suppliers
Obtain materials for opening date
Identify potential suppliers of required services (utilities, trash removal, landscape maintenance, elevator maintenance, etc.).
Obtain bids as appropriate.
Negotiate and execute contracts with selected providers
Ensure services are activated in timely manner to support property opening
Property management system (equipment, licenses, set up)

Recruit General Manager (GM) and Director of Sales (DoS) positions
Screen and interview candidates
Hire GM and DoS four to six months prior to opening
Ensure that GM and DoS have or receive required franchisor training
Provide additional training at manager’s office and at property consistent with training provided management at other manager’s properties of similar size and type
Assist in the recruiting of additional key personnel and other employees for budgeted positions that permit property to open as soon as expected
Establish appropriate human resource policies and training programs
Set up appropriate employee benefit programs consistent with budget and local industry practice
Contract for payroll services

Coordinate public relations communications for property consistent with brand image and property positioning from initial development through opening
Manager’s sales director shall work closely with property DoS through opening date
Coordinate with Franchisor for required pre-opening preparations
Update rate information for local market
Establish room and other service rates to maximize RevPAR
Identify key accounts and create marketing plan
Develop needed collateral consistent with marketing plan and budget
Call on all key accounts, develop follow up plan
Prepare information for franchisor reservations systems and other e-channels
Ensure timely activation of franchisor reservations systems and other e-channels