Operator Search & Selection
Securing the right serviced apartment or apart-hotel operator is an important decision. An operator will have control of a building for a substantial contractual period, so it is crucial that they are reliable, trustworthy and have a strong covenant.
We always recommend bringing an operator on board as soon as possible. Whether the property is new or being refurbished to a high quality with international standards, timely appointment of the operator gives a developer additional confidence that the building will be a success. It can also avoid time-consuming last-minute alterations that may otherwise be requested. Many operators now have specific brand standards or key requirements they look for in a building, and ideally these would be considered at the outset of a project.
Saxbury brings with it a comprehensive knowledge of the serviced apartment operator market. We have developed robust relationships with many high-end operators over the years. As a result, we know which operators would suit a development and we have detailed experience of their requirements.
Appointing Saxbury early on in your project to secure a well-known operator with a good market reputation will help optimise your investment and achieve your business goals.
Working with Saxbury will ensure that our clients benefit from our strong relationships with global branded serviced apartment, apart-hotel and “all suite” operators, and have the benefit of our ongoing advice during contract and lease negotiations.