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 fantastic reputation.
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 a majority of the high-end operators over many years. As a result, we know which operators would suit a development and we have detailed and hands-on experience of their requirements.
Appointing Saxbury early in your project to secure a well-known operator with a good market reputation will help optimise your property and achieve your business goals.
We offer our clients:
Detailed knowledge of the serviced apartment sector;
Strong relationships with global branded serviced apartment, apart-hotel and “all suite” operators;
A comprehensive understanding of operator’s requirements and standard industry terms;
Detailed lettings market research, including rents and competitive demands;
A reputation for thorough due diligence; and
Ongoing advice during contract and lease negotiations.