Whether you are building a new property from the ground up, re-branding an existing hotel, or simply seeking improvements in your day-to-day performance, our bouquet of services will cater to all your needs through the entire project development and asset improvement life cycle.
At Prognosis we adopt a 360° - market assessment approach to evaluate the best development and investment opportunities for our Clients. Our project reports are fully compliant with financial validation requirements of various banks, institutional investors and private equity funds.
Through in-depth market research data and performance trend assessment, coupled with the use of our proprietary financial models and viability reports, we assist our Clients in determining the feasibility of the project, and finalize the positioning, facilities, size and scale of their planned developments.
Our Asset Management services aim to provide comprehensive oversight and representation to owners and investors of branded and independently managed Hotels. As Hotel Asset Managers we work as our Client's representatives to ensure that their ownership interests and investments are well managed and provide expected returns.
For branded hotels, through Operating and Financial performance reviews we closely monitor profitability and asset value optimization. For independently managed hotels, we work along with the owners and his team to evaluate and identify revenue and profitability concerns and priorities to ensure Operations remain flexible and responsive to market conditions to maximize owners' return.
We evaluate existing hospitality business performance systems and processes to ensure they support the overall strategic objectives of the Organization; and provide comprehensive solutions to augment sales, manage rate distribution, improve operational systems and processes that optimize brand performance and visibility. Our service delivery will be directed towards development and successful implementation of an effective, time-bound and measurable road map for implementation of best-in-class practices across the entire gamut of hotel operations.
We not only provide advisory services but also execution support, should it be desired. We offer assignment based as well as end-to-end management of all functions and processes, core to the success of a Hospitality unit.