We understand that hotel businesses need a multi-disciplinary team of advisers and accountants, one that understands both the hospitality industry and the property sector. By working closely with our hotel clients we build up a strong understanding of their business and use our unrivalled sector knowledge to help improve margins, monitor cash flow and structure property investment or development correctly to mitigate tax and maximise allowances.
For a business to which service is paramount it is vital that the hotel’s operations run smoothly. As experienced advisers and hotel accountants, we work closely with our clients in this area, providing strategic and practical advice on budgeting and forecasts, identifying major spending inefficiencies and cost leakage, as well as advising on employment issues. Our specialist consultants are also able to offer IT and systems advice, ranging from the design and development of business continuity solutions to information security systems, data storage and areas of e-commerce such as EPoS and PCI.
We advise our hotel clients on specialist areas such as:
- Sale and purchase of hotels and hotel businesses
- New hotel developments
- Stamp duty and capital allowances
- Raising finance
- Budgeting, business plans and cash flow management
- HR and employment issues, including staff retention, motivation and minimum wage legislation
- Franchise advice
- Supply chain management
- IT systems and e-commerce