Development Services
Are you considering venturing into hotel ownership or already managing one? Look no further than IPH Promo Hotels, the premier hotel management company dedicated to supporting you every step of the way.
From the initial stages of assessing potential locations to securing financing and selecting the perfect brand, our team at IPH is committed to making your journey to ownership as smooth as possible. With our wealth of experience and industry knowledge, we provide invaluable guidance and support from inception to the grand opening of your hotel.
Already an established owner seeking to enhance your property? Whether it’s navigating through brand requirements, orchestrating a comprehensive refurbishment, or strategically repositioning your hotel, IPH Promo Hotels has the expertise to execute your vision flawlessly. Our dedicated team ensures projects are delivered on time and within budget, leaving no detail overlooked.
Partnering with top-tier design and architectural firms or recommending elite professionals, we collaborate seamlessly to bring your hotel’s vision to life. Through each phase of development, we apply our specialized expertise to maximize your investment, ensuring optimal results and timely execution.
At IPH, we’re not just here to manage properties; we’re here to empower owners, enhance properties, and exceed expectations. Let us be your partner on the journey to hotel success.
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The potential market, who will be our prime customer source? what RevPar can be achieved? with this information we can determine the feasibility of the project.
The best Location, the property needs a great visibility and access, also nice surrounding areas which help to increase the value of a hotel project.
If the project caters to international market, an international Brand will be required for worldwide exposure, reservations system and marketing.
Apply high-end technology to the design, functionality, guest comfort, energy conservation, low maintenance materials, eliminate nonproductive areas and operation with minimum staff.
If feasible, combine the Project with a real estate development to optimize returns, such as adding on offices, casino, commercial, condominium sales among others.
Have a sound equity/debt structure without risk to the owner and financial institution.
Hotel operation with a professional and experienced hotel management company.
Development and Pre-Opening Services
We have wide experience in all areas related to hotel development. The services we provide are unique for each project we undertake and are designed to meet our client’s specific needs. IPH provides technical services and assists owners to develop their property to the highest quality levels.
We are glad to announce that we also have several financial institutions and sources to present projects for equity, construction and long-term financing. In order to proceed on such, IPH will prepare:
- A development cost budget based on actual overall costs of Land, technical services, construction, FF&E, OS&E cost, Franchise Brand entrance cost, financing cost, duties and others.
- An operating projection for 10 years, estimating the % of occupancy, ADR, Revenues, costs and expenses, management and franchise fees, Gross Operating Profit (GOP) fixed cost such as loan amortization and interest, insurance, leases, owners’ expenses, amortization and depreciation, taxes and net operating results
- An executive summary which includes the country, location, market, competition analysts, and a complete information package for the lender (or investor).
Procurement & Logistics
- Presentation of least 2 approved Brand Vendors including CIF costs for Owner’s approval
- FF&E procurement inclusive of scheduling development, value engineering, cost analysis and quantity matrices
- OS&E procurement inclusive of scheduling development, value engineering, cost analysis and quantity matrices.
- Project accounting managed by our in-house accountant using the latest technology specific to FF&E and OS&E procurement. Get detailed reports for use tax, fabric overages, etc.
- Logistics with analysis of freight costs, terms, methods and solutions to meet budget and schedule
- Warehousing services by providing organized, professional, and reputable warehousing partners that are carefully selected for each project
- Install services with experienced FF&E installers that have completed numerous high-profile hospitality projects
- Under this service local custom handling will be required by owner
Travel and Aviation
Consulting
Consultants ranked firms on a scale of one to 10, based on prestige, firm culture, work-life balance, compensation, and other factors.
Financial Services
Consulting
We are a dynamic niche consulting firm that has been helping visionary financial services brands convey their true essence.
Business Services
Consulting
We have had to start competing on quality of life in a way that they never had to before — leading to higher ratings from consultants.
Energy and Environment
Consulting
Engage with consumers and inspire the media — we ensure brands are seen and heard in all the right places.
Consumer Products
Consulting
We are a company that offers design and build services for you from initial sketches to the final construction.
Surface Transport
& Logistics Consulting
The ConsultingWP firm scored highest for vacation policy, hours in the office, and overall satisfaction.
Our Vision
Become one of the most recognized hotel management companies in Latin America and the Caribbean by developing remarkable hotels in key locations, obtaining the highest customer satisfaction by providing a high-quality support and maintaining the property as a first-class product with reputation for outstanding service, honesty and open communication with investor/owner.
Our Mission
Develop and operate independent or branded hotels by selecting strategic locations, providing high level of support and technical service during development and implementing management strategies, hiring and training the best professionals for the job, providing the best service to the guests and ensuring the greatest return (R.O.I.) for the investor/owner
Our Philosophy
- Delivering and exceeding guest expectation
- Maximizing profit for both owners and share holders
- Managing the team to generate the best from each individual
- Innovating at each property to adapt to global changes
- Adapting our practices to provide a custom-fit for each property
- Integrity at all levels
Our History
Established in 1992 with headquarters in Miami, FL, USA. Development Representative of PROMUS HOTEL CORPORATION (Embassy Suites, Hampton Inn) from 1992 until 2000.
IPH performed Development and implemented operations of first-class hotels in Latin-America and Caribbean under international Franchise Licenses. Today IPH is approved hotel operator by Hilton Hotel Corp., Marriott International, Radisson Hotels, Wyndham Hotels, Holiday Inn by Intercontinental Hotels and operates luxury non branded Hotels and Resorts. In 2001 launches its own Franchise system under the brand Eco-Inn Hotels and Resorts.
Established Operating Companies:
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PERU: IPH Perú S.A.C.
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ECUADOR: Corporación Hotelera del Ecuador
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SURINAME: IPH Suriname N.V
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VENEZUELA: IPH Venezuela S.A
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USA: Interamerican Promo Hotels INC.
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COLOMBIA:
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ARUBA:
