The Third-party Management vertical at NWH helps hotel owners with the management aspect of the hotel by taking charge of the 360-degree operations. We ensure the deployment of human resources at different operational levels and a “General Manager” to ensure flawless management.  We work like any global brand would do for you; however, we are reasonable with our terms.

We understand that your hotel’s story needs a strong brand to do its best; hence, our well-knit network can help you to find a franchisor who loves your property and gives the best brand value to the asset. Our team aids in terms of negotiating franchise contracts on your behalf, to help you avoid any problematic situation in the long term.

With major hotel chains focusing on franchising as a means of accelerated growth, both hotel chains and investors need to ensure that the operation of hotels is left in capable hands.

Hotel management experience is crucial for a hotel to be successful – all hotels, whether large or small, whether budget, focused service or luxury, require strong and expert management.

NWH brings many benefits to both hotel investors and also to hotel brands.

• Revenue Generation Management
• Franchisors Relations
• Financial Reporting

Financial Reporting

Our hotel clients depend on NWH to provide a clear picture of how their hotel is performing. We work with each client to deliver a customized, comprehensive monthly financial package every month.

Sample Financial Package

1. Balance Sheet and Schedule of Balance Sheet combinations
2. 12-Month Side-by-Side Profit & Loss Statement
3. Current Month-to-Date and Year-to-Date Statement
   1. Summary Statement of Income and Expense
   2. Departmental Statements of Income and Expense
   3. Schedule of Payroll and Related Expenses
      
4. 12-month Summary Statement of Cash Flow, Details of Schedule of Increases/Decreases
5. Calculation Schedules
   1. Brand Fees
   2. Management Fees
   3. Occupancy Tax
   4. Workers Compensation
   5. Food and Beverage Sales Tax
   6. Schedule of Cash and Credit Card Deposits
   7. Additions to Fixed Assets
   8. Trade Account Payable Aging (when applicable)
6. Detail General Ledger
7. General Journal Entry
8. Check Disbursement Registers
   1. Operating Register
   2. Manager’s Register
9. Bank Account Reconciliations
   1. Operating Account
   2. Food & Beverage Deposit Account
   3. Payroll Account
   4. Manager’s Account
   5. Money Market Account

Hotel Investment Services

 NWH provides extensive Investment Services and Transaction Advisory to growing businesses, private investors and institutional investors.

We have ventured into the Hospitality industry with the expertise of carrying out sound investments and transactions.

We offer a range of Investment services to both investors and investees, ensuring mutual benefits and healthy market returns.