Regency Hotel Management operates with a centralized accounting office to maximize efficiency and reduce operating costs for each property.
Regency Hotel Management has a strong history of hotel acquisition and hotel takeover, turning troubled properties into profitable ones.
Our hotel asset management process is centered around handling the lodging investment to meet the specific objectives of ownership.
Major years of experience has qualified Regency Hotel Management to be effective at consulting services. These services include a wide range of subjects including feasibility studies, receivership work outs, operation business plans, marketing plans and support.
Regency Hotel Management has been involved in the acquisition of land, constructions of new hotels and opening of the hotel. The full service approach includes acquisition of existing property as well. Hotel Business has listed us one of the leading hotel developers in the country.
We have conducted reports for third parties as well as our internal use on the acquisition of existing hotels as well as construction of new hotels. The feasibility addresses the current situation as well as modifications and improvements to the facility and operations.
With many years of experience in human resources and benefits, the Human Resources Department of Regency Hotel Management provides support in human resources, benefits, and risk management to more than sixty properties which includes approximately 5000 employees company wide.
Information Systems is responsible for handling the data processing services required by our properties for their general accounting needs including Accounts Payable, Payroll and General Ledger.
Regency Hotel Management provides an Internal Audit Program to ensure proper accounting policies and procedures are followed. The Internal Audit Program is conducted with unannounced random audits at all the properties. The program follows guidelines establish to detect and prevent theft and fraud.
Regency Hotel Management is a full service hotel management company ranked among the top hotel companies in the country. Management services include Initial Consultation, Pre-opening and ongoing management contracts.
Our philosophy of cost control was a natural lead into using our size to purchase better. We have various group purchasing programs at our disposal. We have also used the purchasing to establish an affiliate, Commercial Interior Décor, Inc., to provide floor covering, wall covering, beds, furniture and related items for the guest room.
Our properties are under a blanket insurance policy enabling each of the properties to purchase insurance at a cost lower than most hotels. This is a result of the size as well as our risk control programs.
Our hotel sales and marketing teams provide complete, thorough sales department audits as needed. Support and assist the property general managers and sales departments in planning and executing property specific sales plans.
We offer personalized concierge service for hotel travel planners to save you time an money, streamline your hotel selection process planning, and making hotel selection hassle-free.