Leadership transition periods can be difficult for any business. When you go through a change in your hotel property management, you may need to correct course on what has happened to the business, or you may need to maintain a strong performance after losing a key manager. In either case, an interim hotel manager can help not only bridge the space between the former and future managers, but also tighten up revenue streams and costs to lay the groundwork for the next manager.
Stability in Transition
Often, transitions between managers can cause consternation for a property owner. When a manager leaves, whether by your choice or the manager’s, you can feel pressured to rush into a new hire. The results might include a rushed leadership change, fits and starts during the transition, and a disgruntled staff.
An interim hotel manager can help ease that concern by continuing the policies or implementing new ones. When you hire an experienced interim manager, you can maintain the structure you need and take the time to make the right hire.
Objective Analysis for Improvement
But what if your property is failing? An interim manager allows you a fresh perspective on how the business of the hotel is conducted. This can allow you to address your marketing plan, your asset valuations, and your cost structure, finding ways to gain the most revenue from your assets and reduce costs in the process.
The best temporary management can do more than try to hold steady. He or she can bring new ideas and a critical eye, and can give a lift to a sagging business and push your property to improved performance.
Setting the Stage
Finally, when you move on to a new permanent manager for your property, you want to begin on strong ground. When an interim manager navigates and addresses the problems at hand, your new hire can begin fresh. Moreover, the interim manager commits to a limited engagement. A strong interim hotel manager can help maintain performance or improve performance, and can ready your property for the next leader.
