Hotel Management Company Services
Hospitality Management Corporation is hands-on.
We believe in a caring and innovative approach to produce the highest operating margins in the industry.
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Hotel Management
Utilizing proprietary and industry standard tools and metrics, we build a competitive business plan including a complete financial overview of performance, review of standards, staffing requirements, facilities oversight, and all other elements of day-to-day operations. We manage assets by evaluating each property individually to determine their unique value proposition and to ensure that local sales staff are positioned for success. We create cost savings across every possible asset i.e. national purchasing agreements, energy and preventative maintenance programs, health care costs, and more.
Revenue Management
We support the distinctive revenue requirements of each hotel individually.
At HMC, we understand the importance of the highest profitable revenue outcomes and strong market share and recognize that HMC and our partners are a single team with a common goal. We strongly believe in a collaborative approach, openly encouraging communication of knowledge, experience and best practices. Because of this, our award winning revenue management team has pioneered innovative approaches to include dynamic pricing and advanced inventory capabilities increasing ROI, eCommerce response rates and RevPAR contributions at each hotel.
Operations
Hospitality Management's Operations Team Oversees all day to day property operations with strong ownership engagement.
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Financial Reporting
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Owner-centric hoteliers with hands-on accessibility
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Centralized reporting platform allows for fast, customized reporting capabilities.
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Dedicated analytics team to support property operations.
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Revenue management experts focused on maximizing value and increasing market share
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Leverage scale and largest buying power to deliver procurement cost savings directly to owners
Customized services to meet your needs
Our financial experts have wide-ranging knowledge and are able to interpret data and provide financial intelligence across all brands, regions and hotel asset types. We use specialized, time-tested systems to interpret and deliver actionable financial intelligence in real-time to our revenue and operational teams to seamlessly shift or adjust their focus to achieve the highest possible revenue objectives and, in turn, profitability
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Sales and Marketing
HMC's Sales Team are responsible for driving incremental traffic and revenue to our managed hotel properties.
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Innovative sales lead cross-selling program
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Prestigious e-commerce and digital marketing training program and certification
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Exclusive sales training and onboarding programs
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Broad companywide talent pool to mitigate turnover risk
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Proprietary sales technology solutions for reporting and market statistics
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Franchise alignment with brands marketing programs
Accounting & Finance
One of our finest attributes at HMC is our accounting team. Our financial experts have wide-ranging knowledge and are able to interpret data and provide financial intelligence across all brands, regions and hotel asset types.
HMC’s monthly reporting package includes:
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Manager’s Variance Report
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Customized Sales & Marketing Reporting
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Detailed Balance Sheet and Profit/Loss Statement
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Detailed Trailing – 12 Profit/Loss Statement
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Forecast and Statement of Cash Flow Projections
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Detailed General Ledger Report
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Monthly Occupancy and Average Daily Rate, by Day of the Week
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Monthly Occupancy Graph, by Day
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Customized Reporting as Requested from Ownership
In addition to the monthly financial reports, HMC handles the following accounting services:
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Financial Statement Production and Analysis
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Budget and Pro Forma Development
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Fixed Asset Management
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Bank Account Reconciliation and Cash Management Services
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Procurement of Credit Card Merchant Services – National Agreement to achieve the lowest discount rates available.
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Human Resources
At HMC our greatest asset is our people we pride ourselves on retaining individuals with superb customer service skills which drives our customer satisfaction goals.
HMC's Human Resources Solutions Include:
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Onboarding & Recruitment
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Online Payroll Management
- Strategic HR Guidance
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Communication of key goals and objectives with management
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Recurring training initiatives for staff
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Employee recognition programs
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Discounted group insurance plans
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Competitive benefit package to include medical, dental, life/STD/LTD insurances; aggressive company matching 401k plan; vacation/sick/holiday; discounted hotel accommodations
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Implementation of employee safety program
Corporate Headquarters
401 E. Corporate Drive, Suite 221
Lewisville, TX 75057
HMC
Hospitality Management Corporation | 401 E. Corporate Drive, Suite 221 | Lewisville, TX 75057
© 2023 Hospitality Management Corporation.