Hotels and leisure feature strongly in the NextGen Group property portfolio. With a substantial development and acquisition programme planned Group Chairman Philip David Green sees this delivering growth for the Group in both the short and longer terms: “With a very ambitious project already at a progressed state in Leeds and a number of other sites in progress the hotel and leisure sector will play a large part in our business over the next 5-10 years at least. With budget to boutique plans in place this will add diversity and depth to our portfolio.”
Hotel Management Services
As a proprietor in the hospitality industry, you excel at the intangible aspects of service. Let us assist you with the practical, day-to-day requirements of this highly competitive business.
NextGen Hospitality is an independent hotel management company providing integrated solutions for both major hotel brands and privately owned properties. We have expertise in all hotel segments, including luxury, boutique, full service, limited service, and extended stay.
Our current successes include long working relationships with the InterContinental Hotels Group, the Wyndham Hotel Group, and Best Western.
Then Hospitality can help ensure that your property is being managed effectively through…
Optimising your hotel’s profitability begins with a thorough examination of money management. Then…
Sales & Marketing
A strong and well-planned sales and marketing campaign is essential to driving customers…
HR Training & Recruitment
Recruiting and training the best people – along with the creation of a…
Owners enjoy many benefits of being part of a big brand. A recognized…
Development & Construction
Whether you are seeking acquisition advice on the right location for a new…
Benefit from our vast experience in hotel management services and the day to day organisation of your hotel. Our team have made their names several times over in the hotelier industry so you can be certain you are in safe hands. We can lead or delegate when necessary, our hospitality management services are given in ways intended to regulate and boost the overall performance of your business.
Our Hotel and Hospiality Management Services Include;
Whether you are wanting to sell to past, present or potential guests our sales system will enable us to focus on improving market share, we know who to talk to, how to talk to them and essentially how to increase your sales.
We appreciate you have a hectic time running the operation day to day, we also know it is a very competitive world out there. Marketing takes imagination, determination and persistence we will ensure your marketing budget achieves your aims through working with your online, print, promotion and Social Media strategies to give you a significant return on investment.
All of our clients have the option to be advertised on the NextGen Hotels website and loyalty scheme, we have strong experience in identifiable brands, to underpin coherent marketing and the essential positioning strategy. We appreciate the importance of choosing the right brand for you.
HUMAN RESOURCES AND TRAINING
Our colleagues are our most important asset and we show it by investing in individual training programmes and supporting team members to gain new skills and broaden their knowledge base. We provide team training from hotel processes through to reception training and cross selling workshops.
PURCHASING AND STOCK CONTROL
A single hotel can never purchase as effectively as one within a group. Buying power, group discounts, forensic cost evaluation and reviews of best practice are our speciality. We have preferred partners in place for all purchasing needs.
You need timely and consistent financial information at your fingertips in order to make good decisions. We provide a conscientious, prescriptive reporting procedures, interrogate reports and track performance through all aspects of your business.
Individual one-to-one mentoring sessions with the chairman are also available. Simon passionately believes in developing businesses through people but he is also a “tactical marketer” who believes in the philosophy that people should work smarter not harder!
HEALTH AND SAFETY
We are aware of our legal and moral responsibility for the safety and wellbeing of our guests and our people. Every hotel operated by NextGen Hotels is audited twice a year by an external independent Risk Management company and a Corporate Health check Pack together with an Action Plan produced. In addition to the audit every hotel has a Colleague Safety Committee which meets regularly to review Health & Safety across the property. Safety Checklists operate across each hotel detailed what must be done on an hourly, weekly, daily, monthly, etc. basis and by whom and these are then signed to show the action has been performed, any further actions noted, and checklists are regularly audited.
Hotel Investment Services
Creating exceptional guest experiences
employee growth & strong financial returns for property owners.
NextGen owned and operated business whose mission is to provide the finest hotel management, development, and consulting services throughout North America. After three decades of serving the hospitality industry, our commitment to excellence remains unchanged.
We create exceptional guest experiences while facilitating employee growth and realizing strong financial returns for property owners. Our measurable results reflect our approach to property management from an owner’s investment perspective.
Our diverse portfolio of elegant boutique hotels, award winning resorts, golf and wedding destinations, conference centres, and franchises is managed with the utmost integrity.
Raising capital and financing for hotel projects, we work together with private equity investors, family offices, institutional funds, venture capital and crowdsourcing platforms. Together with our hotel management and design teams, we create a unique hospitality concept. We run and develop different kind of hotels, ranging from boutique lifestyle hotels to modern budget hotels, youth hostels and luxury bed & breakfasts.
Hotel Room Investments
More and more investors are seeing hotel room investment as a way of expanding their portfolio, generating high stable returns, and not needing to expel huge amounts of energy for those returns.
With UK tourism at record levels, and growing, now is the time for investors to capitalize on this strong performing market offering high, sustainable, yields and capital growth.
Investor has a rental agreement (sometimes known as a sub-lease) with the hotel operating company. It is standard practice that the owner of the freehold (sometimes known as the developer) is a different entity to the operating company. The reason for this is that for each hotel within the hotel group there is usually a Special Purpose Vehicle (SPV) company set up to ring fence the activities of that hotel from any others within the hotel group.As part of the rental agreement, the operator agrees to pay a fixed rent to the owner of the room in return for the privilege of being able to use the room to house hotel guests. The rent is paid regardless of occupancy. So if the room is empty, the investor still gets paid, equally if the room is fully occupied all year round, the investor also still gets paid. Usually this rental agreement is for a fixed period of time, after which is can be renewed on new terms, or the investor can exit out of the investment through the way of a buy-back.
The NextGen Management Division leverages proven best practices, team experience, and market knowledge in delivering investment and asset management services.
NextGen provides real estate investment services and asset management to investments where NextGen has an interest, serving as a partner to other divisions across the firm, including Merchant Banking, Securities, Investment Banking and Investment Management. NextGen provides services such as sourcing, acquisition, underwriting and due diligence of distressed and performing real estate and loan assets, asset management, portfolio management and disposition across various property types. Our division also manages residential loan portfolios and warehouse repo lines across auto, student, and consumer asset classes while providing structure, pricing and collateral analysis support. The NextGen Management Division has employees in the Americas, Asia, Middle East, Europe, and India.