What we do » Management Contracts » HOTELS IN ADMINISTRATION
Experts at dealing with banks and their hotels in administration. Managing 15 hotels in administration.
Profitably trading your assets, delivering a higher exit price whilst ensuring all standards are met
Experienced team who have worked on distressed hotels - we know the landscape
Trading hotels in administration can be complicated. BDL Hotels have an established reputation of being able navigate through the complexities of a hotel group in administration, whilst keeping the hotels trading profitably and also ensuring that these are legally compliant.
BDL manage a number of hotels on long term Management Contracts. These are split into 5 divisions with each division having its own Director of Operations and Director of Finance.
One of these divisions specialises and is focussed on hotels that are in administration. This division has won 16 short term management contracts working for two different administrators.
BDL has a wide range of central services to both monitor and support the divisions. These services include:
• Revenue
• Sales
• Marketing
• Finance
• Facilities Management
• IT
• HR
• Housekeeping
• Procurement
• Food and Beverage
We understand issues with hotels in administration
BDL has firsthand experience of the issues encountered when hotels are put into administration. We have been successful in winning 16 management contracts from secured lenders and administrators. The key areas that we can bring tried and tested solutions are:
• Staffing
• Developing the Hotel Business
• Budgeting and Forecasting
• Fire, Life, Health & Safety
• Suppliers
• Accounting
• Management Information
• Minor Capital Works
Our Clients
BDL manage multiple hotel assets that have gone into administration on behalf of the banks. These include McKever Hotels and Life Hotels.
Banks that we presently work with are Anglo Irish Bank, HBOS and RBS.