YOUR LEGACY PROPERTIES DESERVE WORLD CLASS MANAGEMENT

Akoya is our third-party asset management solution targeted at generational owners of iconic hotel properties who want top quality operations and turnaround results. Akoya currently oversees a portfolio of over 20 iconic properties with a perfect track record of improving their operating performance quickly and effectively.

KEY FOCUS

The 3 elements of the process in a project's life cycle:

01

Akoya helps owners of generational properties or land parcels develop a masterplan vision for a trophy hotel anchored project. Utilizing proprietary program optimization models Akoya delivers the ideal mix of hospitality, residential and commercial components to a resort setting.

FEASIBILITY

02

Akoya will identify logical brand or independent affiliations to guarantee a successful operating strategy and maximize value. Akoya will negotiate and deliver all contracts and governing documents in order to ensure and asset becomes iconic and stays iconic.

BRANDING

03

Akoya will act as an extension of ownership to:

  • improve GOP performance with a 24-month turnaround tactical plan

  • oversee all facets of operations, including revenue management, cost containment and HR

  • implement capital improvements over the life cycle of the asset

  • administer HOAs, overseeing rental programs

  • manage government and labor relations, and mitigate liabilities

ASSET MANAGEMENT

THE AKOYA APPROACH

Akoya becomes immersed in the entire asset, taking a hands-on approach to ensure execution of all financial, operational, and other strategic goals agreed upon with ownership.

  • Upon engagement and on an ongoing basis, we do a total property immersion, spending ample time with leadership team to build rapport with property leaders and understand their drivers, frustrations and goals.

  • With a track record of growing GOP by over 40% in first 24 months throughout its portfolio Akoya analyzes and adjusts every aspect of the property using relevant data, in order to focus on:

    • Positioning, sales, marketing, and revenue management strategies

    • Operating revenue and expenses

    • Payroll and staffing

    • Capex planning

    • Inventory management

    • Regulatory compliance

  • At all times we interact with property leadership collaboratively.

    • Never be the loudest voice in the room to allow for true idea meritocracy

    • We are not new bosses for property leaders to fear, not consultants, but partners that bring fresh and new perspectives to the team and work alongside them to implement with shared success.

  • While we have an intensive, data-driven approach to asset management, we ensure that all proposals are targeted to this property vs cookie cutter:

    • Identify and leverage personality of property and unique elements

    • Ensure additional competencies fit with original profile

    • Foster its legacy in all new strategy

  • We act as connector between ownership and property leadership:

    • Counsel all parties on strategies, decisions, and outcomes

    • Act as a conduit to property leadership, allowing all parties to be more efficient with their own time