Kirke Wrench has a unique depth and range of experience and therefore the KW Hospitality Group is able to offer objective and independent advice and assistance on a broad range of financial issues that confront the hospitality industry.
During his career, Mr. Wrench has managed and collaborated with a whole range of players in the hospitality and real estate industry including hotel owners, landlords, developers, lenders, investors, operators and employees, which has allowed him to hone his communication and presentation skills and develop trusting relationships with others around him. He prides himself on his relationships with his clients and business contacts.
Hotel Consulting Services
Hotel Asset Management
Hotel Acquisition, Renovation and Development
Financing, Underwriting, Negotiations and Due Diligence
Hotel Lease Reviews and Analysis
Project Financing or Refinancing
Debt Workouts & Restructuring
Financial Reporting, Budgeting and Accounting Controls
Treasury and Cash Flow Analysis
Risk Management and Insurance
Management Contract Negotiations and Renewals
Hotel Asset Management Services
As the hotel asset manager, Kirke Wrench performs a key role in the interaction and relationship between the hotel owner and the hotel operator.
Hotel ownership is not a passive investment. While hotel ownership generally requires a significant investment in real estate, hotels are primarily an operating business that requires constant oversight by the owner or their asset manager. As an investor/owner and previous operator of a large portfolio of hotels, Kirke Wrench is well aware of the issues and decisions that hotel owners face on a regular basis. His goal is to assure a win-win situation for both the owner and operator that results in profit and asset value maximization.
Mr. Wrench offers a comprehensive range of hotel asset management services including:
Owner representation and interface
Strategic planning
Asset performance review and benchmarking
Competitive set review
Hotel asset oversight
Owner - lender relations
Management company selection and assessment
Owner/Operator relations
Review of annual operating plan and capital budgets
Risk Management and Insurance
Hold-versus-sell decisions
