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Schroder Real Estate Hotels

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For those assets operated under third party management contracts with international hotel groups*, Schroder Real Estate Hotels is responsible for the property and asset management. This includes the overseeing of investments, hotel operational performance and maximising cash flow and return on investment.

Schroder Real Estate Hotels (previously as Algonquin) has also been an operator of its own hotels (and those hotels owned through joint ventures) for 20 years. This hands-on expertise and long-standing experience of day to day hotel management provides investors with a partner whose interest is perfectly aligned with theirs, is well-positioned to create value and has the ability to undertake day to day operations of any independent or franchised hotel.

*We operate hotels with Accor, Rezidor, Marriot, IHG and Starwood groups

Property management

Lease and/or management contract monitoring, especially during the renewal and capital expenditure (capex) investment phases (relationship with tenants)

Monitoring and enforcement of third parties’ contracts obligations

Critical appraisal of capex program requirements

Technical audits and capex budget follow up

Attendance of co-ownership meetings

Project management

Conversion of commercial real estate to optimise rental value.


 

 

Asset management

Regular interactions with hotels’ operational teams to optimise;

  • The marketing mix and ability to drive top tier hotel income
  • F&B turnover, if necessary by partnering with specialized restaurant franchises
  • Productivity gains, from payroll to other fixed and variable costs lines

Positioning and brand analysis. If required, critical rebranding assessment and process management

Active role in budget planning

Monthly operational and commercial reporting

Monitoring hotels’ corporate, administrative, financial, and legal matters.



Hotel management

Through a management contract, our own hotel management team is able to handle the following operational matters:

Definition of the commercial strategy and policy

Selection/negotiation of affiliation contracts

Optimisation of operational/commercial results

Optimisation of available space commercialization

Administration and accounting structure organization



Annual budget planning and monitoring through monthly reporting to shareholders

Management of all social aspects (hiring, CHSCT, works council)

Management of legal/contractual matters (suppliers/corporate contracts reviewing)

Monitoring of technical/security issues (safety norms, capex budget)

Direct project management for refurbishment/extension work

Implementation of a dynamic marketing/commercial digital policy.

Contact Schroders

Schroders is a world-class asset manager operating from 32 locations across Europe, the Americas, Asia and the Middle East.


Contact us

For any further questions, please use our online contact form. 

Contacts

For professional investors only.

Any information held on this website relating to periods prior to 31 October 2018 will relate to Algonquin. On 31 October 2018 Algonquin was converted to the Schroder Real Estate Hotels. With effect from 1 November 2018, Algonquin changed its name to Schroder Real Estate Hotels.

For your security, communications may be recorded or monitored.

Issued by Schroder Unit Trusts Limited, 1 London Wall Place, London EC2Y 5AU. Registered Number 4191730 England. Authorised and regulated by the Financial Conduct Authority.

 

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Compliance statement

Please note this website is for professional investors and their advisers and should not be relied upon by retail clients. The purpose of this website is to provide general information about Schroders Real Estate Hotels and reliance should not be placed on the views and information on this site when taking investment and/or strategic decisions.

Nothing in this site should be construed as being personal financial advice. Should you have any queries about your application or the suitability of any of the investments included on this website for your personal circumstances, you should contact your Financial Adviser.

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If none of the above applies, please contact realestate@schroders.com

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