Westmont Hospitality is a well recognised name in the hospitality industry.
The name Westmont has come to represent integrity, reliability and results in the hospitality industry.
Westmont holds an ownership interest in and operates or advises hotels around the globe. Given the diversity in Westmont’s portfolio, every business plan can be tailor-made uniquely for each hotel asset based on its market, location, asset type and service levels. Given the vast experience that Westmont has with all major hotel brands, Westmont is able to determine the right brand for each hotel. Each asset and investment is carefully analyzed and has its own unique business model to ensure the best returns for all stakeholders.
Westmont Hospitality has a global outlook but a local approach with resources in various geographical areas, allowing local and specifically tailored services for the opportunity that presents itself. These include:
Operations Expertise
- With over 40 years of experience in hotels, Westmont takes responsibility for overseeing the asset management of the hotels including for example financial accounting, sales and marketing, IT and human resources.
- Learn more about how Westmont operates.
Development & Acquisitions
Westmont has dedicated teams that focus on:
- Sourcing assets
- Underwriting
- Due diligence and transactions process
- Market intelligence/monitoring market conditions to find new opportunities
Asset Management
- Establish Capex needs and investment analysis of capital projects
- Identify value-enhancing opportunities including efficient reallocation of space
- Provide project management when necessary
- Maintain franchise partner relationships
- Maintain brand relationships
- Management of fixed charges including insurance and property tax
- Continual hold/sell assessment
- Oversee brand managed hotels
Finance | Transactions
Westmont works alongside capital partners to provide assistance on the following.
- Tax structuring, reporting and compliance management
- Management of accounting and reporting for all assets and portfolios
- Development of financing strategies
- Maintaining bank relationships and continuously assess refinancing strategies
- Manage Due Diligence processes
- Acquisition/disposition strategy development
- Post-acquisition/disposition transitional services