Hotels & Resorts,Restaurants & Retails
MANAGEMENT
WE DRIVE UP YOUR FINANCIAL SUCCESS
WE DRIVE UP YOUR FINANCIAL SUCCESS
WHAT WE DO
Magnate Hospitality Management is a transformative force in the global hotel and hospitality industry. With a focus on business growth, we challenge the conventional approach, driving total revenue and enhancing performance for independent hotels and resorts.
Our international team of hotel experts seamlessly integrates into your company, taking charge of strategies and operations to elevate your hotel or resort. We move beyond traditional industry methods, turning your property into a true success story. Specializing in revenue and yield management, our innovative practices and proven methodologies are designed to revitalize the financial performance of any hotel.
We believe that a unique product and an outstanding guest experience deliver a stronger return on investment than conventional hotel franchise models. Navigating the rapidly evolving landscape of hotel distribution and online travel marketing can be daunting, but our strategy specialists are here to make your hotel a market leader.
We focus on setting the right priorities and implementing action steps that maximize ROI, ensuring your hotel or resort achieves its full potential.
ENSURING EXCELLENCE THROUGH QUALITY STANDARDS
ENSURING EXCELLENCE THROUGH QUALITY STANDARDS
OPERATION MANAGEMENT
Effective daily management is the cornerstone of any successful business. At Magnate Hospitality Management Ltd., we ensure your team’s focus and energy are directed toward the right areas to drive success. Guest satisfaction scores reflect the quality of service at your hotel, and our management team is dedicated to implementing top-tier operational standards to achieve outstanding results. Our comprehensive approach includes:
- Up-selling techniques
- Measurement of guest satisfaction
- Mystery customer shopping
- Conference and Banqueting sales analysis
- Food and Beverage sales activity analysis
- Weddings & Events bookings procedures
- Benchmarking against competitors
- Client & engagement letters
- Review effectiveness of the management structure
- Review skill levels of the team
- Review reporting procedures within the organisation
- Review product and service delivery standards
- Control of operational costs
- Forecasting
- Business planning
- Diary management (Duty Managers and General Manager)
MAXIMIZING YOUR HOTEL’S ROI WITH PROVEN FINANCIAL TOOLS
MAXIMIZING YOUR HOTEL’S ROI WITH PROVEN FINANCIAL TOOLS
FINANCIAL MANAGEMENT
At Magnate Hospitality Management, we specialize in maximizing the return on investment (ROI) for your hotel. Through short-term profit optimization and long-term cost control, we strategically enhance your financial outcomes. Our best-practice financial management tools ensure seamless business operations.
Our comprehensive support functions include:
- Control of purchasing and supplier agreements within set limits
- Full account processing, from daily banking and cash control to complete P&L accounting
- Evaluation of operational IT systems for back-of-house operations
- Review of Property Management Systems (PMS)
- Assessment of point-of-sale systems for food and beverage
- Ensuring compliance with all regulations
- Assistance in preparing yearly budgets
- Handling statutory filings
- Weekly, monthly, and quarterly financial forecasts
- Analysis of business value on the books
- Debtor and creditor analysis
- Purchasing review and supplier advice
- Cash handling evaluations
- Beverage and food stock management with monthly reporting
OPTIMIZING REVENUE WITH STRATEGIC MONITORING
OPTIMIZING REVENUE WITH STRATEGIC MONITORING
SALES & MARKETING MANAGEMENT
Revenue management is critical to maximizing your hotel’s profitability and demands a high level of expertise. At Magnate Hospitality Management, we employ both external and internal monitoring systems to fully capitalize on your business’s potential. Our specialists in hotel revenue management and pricing are dedicated to boosting your room and total revenue. By applying best practices in yield management and distribution, we aim to elevate your hotel’s TrevPar and GopPar.
Our support functions include:
- Monitoring activity with major websites
- On-the-road sales presence
- High-impact marketing materials
- Public relations initiatives
- Development of brochures and collateral
- Online and direct marketing strategies
- Full annual sales and marketing planning
- Review of local advertising
- Carry out competitor SWOT analysis
- Evaluate current local corporate contracts
- Review of current and lapsed users
- Review activity with main booking agents
- Regular E-shots featuring updates and offers to our Groups Operators Database
- Attendance at trade exhibitions such as World Travel Market, Best of British and Ireland, and International Group Leisure Show
- Active membership with the Coach Tourism Council (CTC) and Group Tour Organisers Association (GTOA)
- Introducing a highly targeted ‘Group Brief’ system tailored to your group requirements
- E-media campaigns through third parties
- National media campaigns
- Seasonal campaigns on major UK and international thrid-party websites
- RFP negotiation and online completion
- National corporate account management
- Agency sales
- Active membership and participation in Hotel Bookings Agents
- Attendance at corporate and meetings exhibitions, including Confex
- Implementation of an online sales planner for your sales team
MAXIMIZING TREVPAR AND GOPPAR FOR YOUR HOTEL
MAXIMIZING TREVPAR AND GOPPAR FOR YOUR HOTEL
Revenue Management & Yields Strategies
Effective revenue management is essential for optimizing revenue generation, requiring advanced skills and strategic oversight. At Magnate Hospitality Management, we utilize both external and internal monitoring systems to fully maximize your business potential. Our experts in hotel revenue management and pricing are dedicated to increasing your room and total revenue. Through best practices in yield management and distribution, we focus on growing your hotel’s TrevPar and GopPar.
Our support functions include:
- Evaluating room allotment strategies
- Assessing room rate strategies in the market
- Monitoring competitor rates and benchmarking performance using external sources
- Enhancing yield and inventory management internally
- Managing hotel websites with opportunities for promotions and offers
- Reviewing and optimizing local corporate deals
- Maximizing sales through global distribution channels with corporate agents
- National sales team support
- Reviewing third-party websites and e-commerce policies
- Training in-house revenue-generating team members
- Setting up and utilizing channel management tools
- Managing relationships and optimizing sales with major hotel brands
ENSURING OPTIMAL SKILLS AND KNOWLEDGE
ENSURING OPTIMAL SKILLS AND KNOWLEDGE
HR TRAINING & DEVELOPMENT MANAGEMENT
Given that labor costs are a significant expense, we focus on ensuring that the right skills and knowledge are in place to drive business growth. Magnate Hospitality Management employs a range of tools to support and enhance this function, tailored to meet your team’s needs.
Our support functions include:
- Payroll control and forecasting
- Up-to-date training plans
- Employee record management
- Overtime control
- Recruitment procedures
- Statutory training
- Team development
- Multi-skills training
- Labor cost and fixed vs. variable cost ratio analysis
- Internal communications
- Benchmarking against industry standards
STREAMLINING PROCESSES FOR GREATER EFFICIENCY
STREAMLINING PROCESSES FOR GREATER EFFICIENCY
Information Technology
EXCELLENT STANDARDS IN EVERY ASPECT
EXCELLENT STANDARDS IN EVERY ASPECT
Food and Beverage Management
ACHIEVING OPTIMAL VALUE WITH EVERY PURCHASE
ACHIEVING OPTIMAL VALUE WITH EVERY PURCHASE
Procurement and Purchasing
We ensure that all business purchases are made at the best market prices from a trusted list of industry suppliers. Our procurement process covers:
- Food and beverage purchasing
- Laundry services
- Energy supplies
- Maintenance contracts for boiler plants, fire alarm systems, and kitchen equipment
- Guest supplies
- Stationery
We conduct regular benchmarking to secure the most favorable rates, and our open-book policy ensures maximum benefit for each property.
SAFEGUARDING CUSTOMERS, EMPLOYEES, AND DIRECTORS
SAFEGUARDING CUSTOMERS, EMPLOYEES, AND DIRECTORS
Administration and Legalisation
In today’s complex regulatory environment, it’s crucial for businesses to stay current with legislation and procedures that protect customers, employees, and directors. We provide support and leverage external consultants to ensure full compliance.
Our services include:
- Water testing and Legionella control
- Risk assessments
- Compliance with employment laws and regulations
- Adherence to government rules and legislation
- Health and safety policy and control
- Food safety policy and control
- Fire safety policy and control
- Leisure club safety policy and control
COMPREHENSIVE SYSTEMS FOR EFFECTIVE MANAGEMENT
COMPREHENSIVE SYSTEMS FOR EFFECTIVE MANAGEMENT
Health & Leisure Clubs Management
We are committed to continually enhancing our facilities, services, and standards to attract new members and retain existing ones. Our health and leisure clubs are managed using a proven quality framework designed to support and elevate the health and leisure club experience.
OUR PARTNERS
HOTEL BRANDS WE’VE MANAGED
We offer our partners personalized guidance from the outset, supplying all necessary resources and expert advice. Our experienced directors ensure that every partner receives the support needed to achieve their goals and succeed in the competitive hospitality industry.