Consulting and Asset Management

Consulting and Asset Management

Our Mission is your success

As an owner and operator of hotels, through its operating affiliates, Palms Hospitality Management implicitly understands the objectives of the owner regarding the management of hospitality assets. Palms Hospitality Management’s Asset Management division was developed to assist owners and financial institutions in achieving those goals, and ensuring that the hotel assets’ maximum value and potential are reached. With regional operations in strategic cities across the country, Palms Hospitality Management has access to market driven data which enables a deeper level of understanding of most primary and secondary markets throughout the country. ‎

Palms Hospitality Management, through its operating affiliates, is engaged in a variety of consulting and advisory assignments, providing the hospitality expertise necessary to assist owners in making critical decisions regarding their assets. It is a primary objective to provide a customized level of service to our clients in order to satisfy the individual needs of that client. Upon recognizing specific needs of the client, a tailored plan is prepared and executed. ‎ ‎

Asset Management


Palms Hospitality Management asset management services includes reviews and analysis of the operator’s Financial Statements compared to budget, forecast, and industry benchmarks: including reviewing and analyzing of the operator’s Forecasts and Annual Budget with appropriate recommended adjustments, reviewing of all pricing policies and revenue centers, with recommendations regarding new or additional revenue opportunities, reviewing and analyzing strategic capital planning, as well as analyzing and approving of capital funding requests. ‎


Palms Hospitality Management asset management services includes review and analysis of leases, licenses, insurance and other operating agreements, monitoring overall operator performance and provide recommendations for operational and guest experience improvement, monitoring hospitality trends, market trends, and franchise initiatives that have the potential to materially affect the asset, and periodic meetings with the management team and reporting to the ownership.

Consulting and Advisory


Palms Hospitality Management perform feasibility studies for hotel development opportunities. This includes financial return analysis for operating hotels or future hotel development, providing diligent support to assist owners in the acquisition of hotel properties and pre-opening consulting and management support for new hotel development.