About Miramar HospitalityIn addition to direct management and consulting, Miramar Hospitality is an expert in operational reviews, feasibility studies, and accepts receiver and
The ultimate goal of Miramar Hospitality is Owner Satisfaction, on every level. We work closely with our clients to establish and implement operational and financial goals. Our clients enjoy direct, personal attention and service from Miramar Hospitality's senior staff. Miramar Hospitality is large enough to have extensive experience, a well trained staff, and a solid reputation in the industry. At the same time, the firm is small enough to give the individualized attention so critical in the
Each client is in complete control and has full knowledge of all activity. The client always retains final approval of operating budgets, marketing plans, and hiring of key personnel. Miramar Hospitality's financial monitoring systems are designed to provide early warning of potential issues, for both on-site management and owners. The components of this system include a five year plan, detailed annual budgets(revenues and costs, financial plan, capital plan, and cash flow forecast), quarterly forecasts, monthly cash updates, daily reports and recommendations for corrective action. Up to the minute communication between Miramar Hospitality and the client is assured through detailed reports and regular quarterly or monthly meetings.
Sound Hotel Management Principles
Miramar Hospitality believes the key to enhancing short or long term profitability is to stress basic sound management principles. This includes the implementation of a strong strategic plan written for each individual property. Every plan incorporates sales, marketing, capital and operating strategies. After approval by the client, Miramar Hospitality works to ensure these plans are implemented in a thorough and