Switch Hospitality Management completed a tender process for Park Regis Birmingham along with 3 other management companies.
Some key point below as to why we are the best management company for this hotel:
- The Switch Hospitality Management proposal understood the banking covenants and expectations of the owners and committed to exceed those targets.
- In 2018/19 Switch exceeded all covenant targets and achieved an EBITDA figure 30% higher than the best comparison from the other two management companies.
- Park Regis EBITDA will increase to 100% from the 2018/19 financial year to the 2021/22 financial year.
- Park Regis is the No1 hotel in the UK & in Birmingham and has been shortlisted again in 2022.
- Park Regis has been chosen as an athletes village by the commonwealth games in 2022 (The only Birmingham Hotel).