Schulte Hospitality Group is a division of Schulte Companies, a leading third-party management company with deep, multi-generational experience in all facets of the hospitality industry. We are a diverse team of innovative hoteliers and restaurateurs operating more than 200 locations across 38 states and 5 countries. Our portfolio includes a wide array of reputable brands like Marriott, Hilton, IHG and Hyatt as well as many unique, independent, boutique and lifestyle properties and restaurants.
Our mission is to exude hospitality, be respectful and authentic, prioritize the needs of our internal and external stakeholders above our own, and continuously strive to make a positive impact in all we do. We are passionate hoteliers, eager to add like-minded people to our rapidly growing team!
Hotel Management:
- Accounting
- Operations
- Sales & Revenue Management
- Consulting
- Food & Beverage
- Information Technology
Asset Management:
- Revenue management
- Expense rationalization
- Budgeting and forecasting
- Enhanced financial reporting packages
- Brand fee, PIP and key money negotiations
- Capital markets-related services
- Real estate tax negotiations
- Property insurance negotiations
- IT systems selection and implementation
- Back office support including rollup accounting, HR assistance, IT and risk management
- Legal assistance and management of outside counsel
Capital Markets & Lender Services:
- Development Cost and Allocations
- Projections & Proforma Feasibility Studies
- Owner's Franchise Application
- Franchise Information and Fees
- Owner's Personal Financial Statements
- Sophisticated financial reporting and analytics
- Specialized accounting services
- Tax advisory
- Legal counsel
- Sourcing
- Loan underwriting
- Loan portfolio management and analytics
- Sophisticated financial reporting and analytics
- Legal and tax support
- Rigorous data-driven and multi-layer valuation analysis
- Creation of detailed operational turnaround plan
- Cash sensitivity forecasting
- Capital sourcing
- Specialized distressed asset legal and tax services
- Debt and equity holder negotiation
- Receivership
- Foreclosure analysis
- Site selection
- Capital structure formation
- Brand negotiation
- Zoning approvals
- Design & construction services as above
- Pre-opening coordination
- Pre-opening marketing and sales
