We provide a results-oriented strategy that drives consistent, above-average revenues to each of our hotels. Our tailored marketing initiatives are reflective of our corporate culture of excellence for each individual hotel's market dynamics to increase occupancy and ADR.
For the past 18 years, LAM has developed outstanding working relationships with leading brands of the industry. The building blocks for these relationships are respect and communication. We put our owners on equal footing with the franchise companies in negotiating the best possible franchise agreement.
Strong financial controls are a benchmark of LAM Hotels. Since our inception, we have created a strong accounting team and have developed a system of processes and controls, which monitor all key areas of an operation. These systems have resulted in timely and accurate reports to owners as well as created tools, which can be used to manage the business.
A variety of services are provided to evaluate the market and/or economic viability of a new development or an acquisition of a hotel. These services include site selection, market analysis, facilities planning, franchise selection, management recommendations, market share estimates, cash flow projections, and recommendations for ownership structure.