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brand promise

The Hosplace team will lend all its hospitality know-how and passion for the field to owners of mid-to-upscale affiliated hotels in their efforts to reach the best return on investment and to delight customers with best-in-class experiences.

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Our expertise on the Romanian hotel market is recognized by bank lenders and international hotel chains, following successful delivery of all our projects so far.

We pledge a maximum level of professionalism and accountability at any moment throughout the project, irrespective of scope and scale of intervention.

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M I S S I O N

Our mission is to align Owners’ Financial Expectations with Brand Standards required in managing and developing hotels.

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V I S I O N

We aim to become a Romanian landmark in developing and managing mid - to - upscale affiliated hotels.

 CORE VALUES

Stock Market Data

THOROUGH  CANVASSING

We research the market thoroughly so that we can build strong business cases for business owners.

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CAUTIOUS FORECAST

We believe in  truthful forecasts.

We never create false expectations in modelling the investment decision.

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THE  RIGHT  CONCEPT

Our proposed hotel concepts are modelled to meet needs and expectations on the market.

WHY CHOOSE US?

  • Special focus on EBITDA, more than GOP, as well as on asset value

  • Flexible incentive fees formula

  • Flexible contract duration

  • No FF&E Reserve retained

  • Approach which combines the Operator's responsibility for the business with a sharp focus on the asset value and EBITDA

  • Precise and updated knowledge of the local hotel market

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BACKGROUND

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Our team members have gathered extensive experience in operating under premium hotel brands such as IHG, RADISSON, SHERATON, HILTON or RAMADA.

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OPERATING   PROCEDURES

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All our hotel operations are conducted as per standardized procedures to enhance quality and cost-control.

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REVENUE   MANAGEMENT

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Our dedicated Revenue Manager makes sure that each property is selling the property at the right price at every moment.

Contact

George Cristea, Managing Director 

© HOSPLACE Hotel Development & Management

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