Before you buy a hotel: the operator's view
Agents know the market, architects the building, law firms the law. We add the operator's view: whether a property keeps its guests, whether the kitchen pays its way, whether staff can be found and whether it earns beyond the summer.
An existing property or a new-build project, reviewed the way an operator would
Location and demand, category and fabric, the figures of recent years and earnings in three scenarios, from summer operation to year-round operation. At the end you know what the property delivers today, what it could deliver and what that requires.
Nine areas, one picture of the property
Location
access, surroundings, what the place offers outside the summer
Market
demand in the region across the year, origin of guests
Competition
comparable properties, their prices in high and low season
Guests
reviews, recurring praise and criticism
Distribution
online presence, booking channels, dependence on intermediaries
Category
registered category against the actual standard
Figures
revenue, occupancy, rates and costs of the last three years
Organisation
staff in and outside the season, management
Potential
offers for spring and autumn, required investment
What investors should know about Montenegro
Four findings from official statistics and public sources that matter for every hotel investment.
From this follows a conclusion that underpins our work: Montenegro's large source markets, Serbia and Russia, stay 7.46 and 11.82 nights and are therefore structurally guests of private rentals. The hotel guest, and with him the guest from the German-speaking countries, is the market that few have pursued so far. More figures in market insights
What we do and whom we leave the rest to
Investors trust advisers who know their role.
- We advise on operations: market, concept, figures, running the business.
- Legal, tax and construction advice we leave to licensed local law firms and offices.
- Official valuations are prepared by licensed valuers.
- We never promise a rise in price, not even verbally.
- Whoever commissions us learns of every commission in advance.
What you should know
Do you also handle legal or tax matters?
We advise on operations. Legal, tax and construction advice we leave to licensed local law firms and offices, and we work with them where your project requires it.
Do you work remotely or on site?
Both. We do the ongoing work remotely, by video and with shared documents. We come on site where it counts: for the walk-through, the training, the bank meeting.
In which language do you work?
In Montenegrin, German and English. We deliver reports in the language your owners, your bank or your funding body needs.
Tell us about your project
Whether purchase, sale, new build or repositioning: describe location, size and timeframe in a few sentences. We will get back to you personally, and everything stays between us.
office@montenegroexperts.me
+382 67 734 124 (also Viber) · +41 79 868 8168 · +43 664 911 7660