We are active as owners and operators of Class A’ international hospitality chains (Accor, Hyatt, Marriott, Intercontinental-IHG) hotels & resorts.
The Group focuses on a diversified portfolio of upper upscale and luxury hotels located in South Eastern Europe.
Our hotels, mostly situated on prime locations, are complicated, stand-alone business that service sophisticated customers, demanding nothing less than the highest level of asset management expertise that delivers top line revenues and drives bottom line profitability.
Aggressive asset management and disciplined capital allocation is our core competency and our competitive advantage. We seek to maximize investors returns through a combination of revenues growth, operational improvements and appreciation of the net asset value.
We are intensively focusing on operational excellence. As for us the RevPAR is the key top line performance metric, we are focusing on maximizing it, as well as, the non-rooms revenue and EBITDA per room.
STRATEGY
Our growth strategy is focusing on the:
• Ongoing evaluation of external growth opportunities in Southeastern and Central Europe
• Targeting assets where we can generate more value than other potential owners and managers
• Meeting rigorous qualitative and quantitative investment thresholds
• Creating value through targeted well studied capex plans
• We are tightly controlling expenses including food and beverage procurement and labor management systems Assets are operated as complex, mixed use properties with significant ancillary revenue.