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Category: Hospitality

The First Group Asset Management debuts essential guide to hotel pre-opening strategies

The First Group Asset Management is thrilled to release its first white paper, titled “Hotel Pre-Opening Strategies”.

The white paper aims to identify common issues encountered during the post-handover phase from the building contractors (or also known as the pre-opening stage) and suggests strategies to guarantee a smooth hotel opening.

From setting a realistic opening date to getting the right recruitment and training plan in place, the white paper provides insightful hints and tips that have been compiled with help from some of the industry’s most experienced hotel industry professionals. Altogether this can be a hotel pre-opening checklist for those in charge of the process.

In summary, the research proposes ten strategies, divided into three categories:

1. Solutions to Physical Causes
– Hire a Small Operating Equipment (SOE) Consultant
– Licensing Requirements
– Attention to Detail
– Test Your Equipment and Leave Ample Time for Problem-Solving

2. Solutions to Human Causes
– Training
– Hire the Best GM at the Right Time
– Plan the Incorporation of Hotel Staff

3. Solutions to Organisational Causes
– Set a Realistic Opening Date
– Staff Accommodation
– Plan the Hotel Soft Opening

The First Group Asset Management partnered with Hotel News ME to distribute its research in recognition of the publication’s market reach, which includes the region’s general manager community.

The white paper is being distributed exclusively with the September issue of the magazine. In addition to the regular print run, 10,400 copies will be distributed at The Hotel Show Dubai – one of the largest Business-to-Business (B2B) events for the hospitality industry in the Middle East and Africa.

“Partnering with Hotel News Middle East to launch our White Paper is a strategic move to reach out to interested readers and share with them our knowledge on the subject,” said Mariano Faz, Head of The First Group Asset Management. “We hope our research will act as a handy reference guide for owners and general managers embarking on a new hotel project, both now and in the future.”

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