HOTEL CONDO SERVICES, LLC

EXPERIENCE THE REWARDS OF PROFESSIONAL OWNERSHIP REPRESENTATION

Hotel Condo Services strongly believes that a successful property must properly balance the needs of its owners, associates, and guests. Owners must provide the financial stability and structure to ensure company goals are met. Associates must understand the direction of the property and feel a part of its accomplishments. Understanding the guests' needs is critical to proper positioning, satisfaction, popularity and overall success.

To this environment, Hotel Condo Services adds its special brand of management for proper control and profitability. That is why you will discover a noticeable difference when you walk onto a HCS managed property. This difference is a critical competitive advantage for HCS that distinguishes us from other hospitality management companies.

Hotel Condo Services manages over 2600 units and unit owners. HCS employs over 1200 associates, has revenues of over $60 million, and manages assets worth well over $600 million.

HOW IS MANAGING A CONDO/HOTEL PROPERTY DIFFERENT THAN MANAGING EITHER CONDOMINIUMS OR A HOTEL?

• Managing the affairs of multiple Homeowners Associations
• Franchise relations and how they affect individual owners
• Managing changing guests and guest expectations in the hotel realm
• Handling accounting tracking for individual units to manage owner revenues
• Assuring that each individual owner receives his share of profits and return on investment
• Overseeing the reserve for replacement accounts and renovations
• Staffing, motivating and directing each property management team
• Making certain that all necessary revenue sources are opened, monitored and followed-up on daily