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Great Lakes Management assumed management of this nearly new, 60 room, property in the third quarter of 2003. Since then we have helped to maximize total revenue and reduce expenses by meticulously refining the process of how the hotel was run. By establishing better relationships with suppliers and vendors as well as local corporations, Great Lakes Management was able to provide a more firm backbone to the hotel's expenses as well as its overall revenues.

With a full hands-on approach, Great Lakes Management helped to steer the hotel towards a more profitable future with the use of deal sourcing, sales administration, financial reporting, personnel, payroll and much more. Since aquiring the management contract Great Lakes Management has been intregal in the exponential growth of this property.

 

Sleep Inn & Suites

60 Rooms & Suites
Built - October, 2002
Market - GVSU, Lakeshore
Status - Midmarket

 
 

Average Yearly Increases

Occupancy Increase - 21%
RevPAR Increase - 19%
Revenue Increase - 18%

 


While cutting costs yet increasing amenities and services, Great Lakes Management has helped to move this hotel into a profitable status after its first year of management. Revenue increases have seen a steady gain on average of 18% each year. Guest satisfaction is at its all time high, and the hotel was recently award a Gold Hospitality Award from Choice Hotels International for its outstanding facilities and guest service.

The growth potential for this hotel is excellent, but still very calculated. Currently being the only hotel serving Grand Valley State University, the Sleep Inn's possiblitity of future competition is certain. Taking this into account, Great Lakes Management is focusing ardently on guest services to provide a loyal customer base. With the continued efforts Great Lakes Management will help to provide the Sleep Inn & Suites of Allendale with continued growth, and its guests with the exceptional service they have come to expect.

 

 
 
 
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