Lowy Group looks for acquisition and hotel management opportunities
Lowy Hotel Solutions, a division of the Lowy Group (formerly the Vienna Hotel Group) is seeking opportunities to lease, manage or acquire hotels.
Over the past four years and through the UK recession, Lowy Hotel Solutions (LHS) has increased the aggregate Net Operating Profits of the six hotels it currently operates by 125%. It has done this through a combination of;
- Maximising revenue yields
- Controlling costs
- Improving operational efficiencies
LHS is confident in its abilities to apply the same formula to other hotels, revitalising them, improving their profitability and therefore maximising the asset value for the owner. Whether under a lease or a management agreement, LHS can provide a sustainable and secure future for hotel properties.
Unlike traditional management or lease agreements, LHS offers an incentivised ‘Flexilease’. This has been drafted in conjunction with Christie & Co and Field Fisher Waterhouse and offers a structure to landlords, owners and administrators that provides a secure route to income and value enhancement. Key points of the “Flexilease” include:
- Guaranteed rental income
- Additional success-related rent
- Variable lease length (minimum term 3 years)
- Landlord break options
The lease offer is flexible enough to be tailored to meet specific short, medium and long term objectives.
Established in 1973, the Lowy Group has proven experience of operating both branded and unbranded hotels in the regions as well as in London, so owners can be confident that they are making the right choice by selecting Lowy Hotel Solutions as their hotel operator.
Simon Perkins, MD of Lowy Group went into more detail about what the company are ideally looking for. He said “hotels with over 100 bedrooms that are located within two hours of London or anywhere along the south coast are of particular interest. The LHS team are passionate about helping hotels in our portfolio succeed within their individual competitive marketplaces.”
To discuss any opportunities with Lowy Hotel Solutions or find out more about Flexilease please contact Simon Perkins via email@example.com or on 020 7792 6674.