| Randolph, N.J. � Jan. 11, 2005 �You can�t have
too much of a good thing. That�s why Steven J. Belmonte, Founder, President
and C.E.O. of Hospitality Solutions LLC, has expanded his professional
hospitality services offerings to now include Market and Feasibility Studies,
On Site Analysis, and Ownership and Development Assistance. These services
complement the new franchise agreement negotiations, franchise termination
and liquidated damage claim negotiations, mediation, expert witness, litigation
support and motivational speaking services already being offered by the
rapidly growing company.
�The hospitality business is beginning to boom once again, and more and more developers and owners will be looking for real estate on which to build new hotels,� Belmonte said. �Before funding will be approved, financial and lending institutions will be requiring owners to conduct feasibility studies on the project. With a new research team in place to handle this expanded area of our business, Hospitality Solutions LLC is ready, willing and able to assist owners in this endeavor.� The team Belmonte has established to conduct market and feasibility studies represents more than 20 years of experience. Combined, the team has prepared nearly 100 feasibility studies for 50 different franchise companies. More importantly, the new Hospitality Solutions LLC team has a proven history within the financial community by never having a single project denied based on its study findings. �Typically, a feasibility study is used as the fundamental starting point of underwriting a development opportunity,� Belmonte said. �The study researches the market, its characteristics and addresses the viability of the proposed project. This task is not a simple process for new hotel owners, unless they hire an expert organization which is knowledgeable in this area. �That�s why Hospitality Solutions LLC has expanded its operation to help owners � especially those in the Asian business community � see their dreams of entrepreneurship, come to fruition,� he said. The new Hospitality Solutions research team also will assist hoteliers with analyzing a host of ownership and development issues, such as identifying whether or not a property is reaching full yield in penetration or identifying missed opportunities to maximizing revenues through traditional marketing and e-marketing efforts, he said. �The shortest route to success is with someone who has led the way,� Belmonte said. �Our research team has a proven track record of never having a project denied based on the findings of feasibility studies conducted. Those hoteliers looking to expand their operation will have a better chance of achieving the American Dream by partnering with me and my team of experts than with an organization of limited experience or success, period. �You can�t argue with results,� he said, �and
you certainly can�t afford to argue with lenders. If you want to expand
your operation, or venture into the lodging business for the first time,
and a feasibility study or onsite analysis is what you need to get started,
then give me a call at 973-598-0839 today. Hospitality Solutions
has all the services you need to maintain and grow your operation.�
. Hospitality Solutions LLC, Randolph, N.J., provides new franchise agreement negotiations, franchise termination and liquidated damage claim negotiations, mediation, expert witness, litigation support, motivational speaking, market studies, feasibility studies, on-site analysis and ownership and development assistance to the hospitality and service industries. Company President and CEO Steven Belmonte, former President and CEO of Ramada Hotels, also served as Chairman of the American Hotel & Lodging Assn.�s Educational Foundation and serves on the Board of Directors of Arlington Hospitality Inc. and the Industry Relations Committee for the Asian American Hotel Owners Assn. For more information, call (973) 598-0839, email [email protected] or visit www.stevenbelmonte.com. |