At BlueByte Hospitality, we understand that selecting the right hotel operator is crucial to the success of your investment. That's why we take a personalized approach to operator selection, working closely with our clients to find the perfect partner for their project.
Our operator selection process involves:
- Identifying potential operators: We compile a list of operators that would be a good fit for your project, considering factors such as brand reputation, operational expertise, and financial stability.
- Brand fit analysis: We prepare a brief detailing each brand's system size, main characteristics, strengths, and weaknesses relative to your project.
- Request for Proposal (RFP): We issue an RFP to shortlisted operators and analyze their responses, presenting our findings to you for discussion.
- Operator selection: We assist you in selecting an operator with whom negotiations can commence.
- Negotiation: We lead negotiations to secure the best commercial deal and fair terms of contract, working closely with your legal team.
- Contract review: We review and negotiate the hotel management agreement (HMA) to ensure a balanced partnership that allows operators to perform while enabling owners to maintain oversight and control of their investment.
- MOU signing: We finalize agreements, ensuring a win-win outcome for both parties.
The goal is to deliver a successful partnership that drives financially viable results and exceptional hotel operations. With our expertise and attention to detail, we help our clients navigate the complex process of operator selection and negotiation, ensuring the best possible outcome for their investment.