Transcript of Selection of a Condo- Hotel Management Company.
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- Selection of a Condo- Hotel Management Company
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- Hostmark Hospitality Group Case Study 39 unit condo-hotel
Seasonal resort market Developer owned common areas Management
Company owned desk Operating Agreement between Condo Association
and Management Company Agreement structured by Developer
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- Hostmark Hospitality Group Case Study Management Issues Advance
Deposits Sales & Marketing Ownership Accounting Unit Rotation
Communication (Transparency) Self-serving agreements entered into
by Management Company
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- Hostmark Hospitality Group Case Study HOA terminates Management
Company HOA assumes desk operations HOA operates 9-10 months HOA
files lawsuit against Management Company Developer caught between
HOA and Management Company
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- Hostmark Hospitality Group Case Study HHG retained as Operator
Structured agreement to address issues Transparent Management Style
Alignment of Expectations
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- Condo-Hotel Management Case Study Management Replacement
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