Boutique Resorts & Hotels
From city centres to inspiring getaways, KRG Hospitality assists clients in the development process for new or emerging hotel and resort projects by providing specialized knowledge of key markets.
KRG Hospitality’s highly experienced, professional team has earned an impeccable reputation and is recognized for its high level of credibility among boutique hotel operators, international resorts, private investors, financial institutions, and major real estate developers.
PHASE ONE – PLANNING
The primary solutions of market feasibility studies plus concept development plans and business plans provided by KRG Hospitality, are considered a gold standard in the industry and provide a reliable & thorough evaluation of the full potential of a proposed development project or real estate property acquisition.
+ Analyzing market areas & tourism (local, regional, international)
+ Developing consumer profiles by analyzing demographics & socio-graphics
+ Compiling & analyzing required hotel & hospitality trends and market needs
+ Measuring start-up costs & financial potential against industry standards
+ Development of brand requirements and characteristics
+ Detailed breakdown of architecture needs & furniture, fixtures, equipment
+ Development of ammenity concepts incl. Rooms, F&B, Wellness, Retail, Events
+ Completion of a scaled 2-D prototype drawing with ideal layout of entire venue
Strategic Business Plan
+ Competitive landscapes, team development, brand differentiation
+ Strategic goals, revenue channels, room management, return on investment
+ Financial package w/ ten years of financial statements
+ Mock schedules, foot traffic analysis, room analysis, P&L, cash-flow, and contingency plans
PHASE TWO – DEVELOPMENT
Drawings & Permits
+ Sourcing Architects, Interior Designers, Engineers
+ Consulting on Final Design & Operational Flow
+ Hiring of Project Management Teams
+ Organizing & fascilitating all start-up tasks
PHASE THREE – EXECUTION
Outside of the three initial plans, KRG Hospitality also provides operational assessments complete with an action plan plus brand development, marketing, and guest experience strategies in addition to our full suite of restaurant, bar, & lounge solutions.
+ Development of brand guide
+ Logo design & core values
+ Marketing plan & brand activation
+ Final equipment spec consulting
+ Assisting in hotel room FFE
+ Programming all F&B layouts
+ Detailed staff organization plan
+ Standard operating procedures
+ All required checklists & templates
+ 10, 20, 40 Hour Packages Available
+ Delivering results & accountability
+ 7 Day Assessment & 12 Month Action Plan To Regain Focus, Revenue, & Profits
Schedule a 15-30 Minute Call
Access Doug’s calendar and schedule a complimentary phone or zoom call – at your convenience. Click above for access.
From bars to pubs, lounges, nightclubs, & micro-brewery concepts, KRG Hospitality is available from idea stage to grand opening and beyond