Hotel Online  Special Report


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 Former Olympus Hospitality Executives
Launch Asset Pros P2P
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Proves Value In Outsourcing Hotel Asset Management
Critical For Today’s Hotel Executives

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February 25, 2005 (Houston, Tx.) – Luxury hotel veteran Mark Petersen, formerly with Olympus Hospitality and Rosewood Hotels, announced today the formation of Asset Pros P2P LP, a full-service hospitality management consulting firm based in Houston, Texas.

At a time when regulations such as Sarbanes-Oxley are putting pressure on hotel owners and operators to face accountability and internal controls, Asset Pros P2P LP serves as an outsourcer who manages operational, physical and marketing complexities. Focused on the luxury and boutique hotel market, the Asset Pros team implements proven tools and methodologies to identify areas of inefficiency and turn daily hotel processes into sources for profit.

Already, this highly targeted consulting team is working with top hotels and management companies, including Destination Hotels & Resorts, Reid’s Palace Hotel and Olympus Real Estate Partners.

“Our role isn’t just to identify the issues and areas of need,” explains Petersen. “While we work intimately and confidentially with hotel staff to analyze processes, we spend just as much time developing custom tools that the managers can use to track accountability. Our focus is identifying and strengthening areas of profit, while maintaining the individuality of the property. This is critical for most departments, including sales, operations and finance.”

Petersen, whose background includes management positions with some of the world’s finest hotels like the Warwick in Houston and Hotel Crescent Court in Dallas, brings to clients full-service expertise in the areas of sales and marketing, operations, asset management and finance.

Partner Lisa Tonnar has served in hotel management and hotel accounting for 17 years, working with companies such as Radisson Hotels and the historic Warwick Hotel in Houston.

“As Sales and Marketing Directors know, the creation of the annual marketing plan is often a fire drill exercise during the budget cycle, which often leads to little execution,” explains Andy Anderson, Senior VP Sales and Marketing for Destination Hotels & Resorts.  “Asset Pros takes a unique, actionable approach.  Their partners actually put the marketing plan to work, challenging the plan and executing the plan with the sales and marketing team. This is tremendous value for any DOSM.”

Asset Pros P2P LP, a full service hotel management-consulting firm, works with hotel owners and operators to optimize the performance of a hotel and protect the life of its physical asset.  Areas of expertise include asset management, market analysis, pre-opening management, internal controls, disaster restoration, profit recovery, sales and marketing and temporary operations management.  For more information, visit www.assetprosp2p.com or call 281-496-1154.

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Contact:

Asset Pros P2P LP
    14027 Memorial Drive, Suite 210
    Houston, Texas 77079
    phone/fax: 281-496-1154
www.assetprosp2p.com

Cassandra Johnson
Powers Communication
T:  972-745-3042
cassandra@powerscommunication.com
 


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