Asset Management
Strategic oversight to maximize return on investment
We provide strategic thinking to ensure long-term profitability and capital appreciation. Our operational oversight focuses on issues such as market positioning, budgeting and profitability, digital strategy and capital planning.
Our Approach
We believe in 1) using data and metrics as a basis for understanding the property and potential opportunities, 2) developing constructive relationships with the owner and operator, 3) turning over every rock to increase revenues and operate the property with less, 4) focusing on the guest experience, and 5) exploring options for ROI investments, repositioning and rebranding.
Inn at Riverwalk, Edwards, Colorado
The Inn at Riverwalk is an 20-year old property in Edwards, Colorado. We evaluated whether the property should remain independent or pursue a brand affiliation. Based on our analysis and recommendations, the property is converting to a “soft brand” and undergoing an extensive renovation. We assembled the designer, purchasing agent, architect and the contractor to do the project as well as the marketing agency to help us reposition the property.
Hospitality Management
Comprehensive management from strategy to day-to-day operations
Resort properties often have more than one real estate component, including residential condominiums, vacation ownership, commercial/retail and resort operations. Our goal is to operate the property efficiently, maximize rental returns, and rationalize the cost sharing and governance to best serve stakeholders.
Our Approach
We develop a customized management plan based on the objectives of a particular property. The plan may include marketing of rentals, operations, association management, governance, and capital. These properties may be complicated from a legal and financial perspective, so we strive to “simplify the complex”.
Westin Riverfront Resort & Spa, Avon, Colorado
The Westin is a condominium hotel with residential, commercial, hotel, spa and club, and food and beverage components. The property has both “hotel” and “master” associations as well as a third-party operator. Prior to starting Evans Hospitality, our founder was responsible for all aspects of the property, including brand relationship, the owners’ associations, food and beverage, spa and club, and hotel operations.
Hotel & Resort Consulting
Value-added assignments with select clients
We bring valuable perspectives based on decades of experience in finance and accounting, operations, acquisitions, resort development and asset management. We customize our engagements to fit your particular set of needs. When we need additional resources, we’re able to access our network of experts.
Our Approach
Our job is first to have a conversation with our clients so that we all agree as to how we can help them with their particular “opportunity”. Once we are aligned, we dig in using our available resources, knowledge and problem-solving abilities to arrive at creative, yet practical solutions. Then, rather than simply provide our analysis and recommendations, we generally prefer to continue on with our client to implement.
About
Simplify the complex
John Evans is the founder and president of Evans Hospitality. John’s career has spanned over 30 years in public accounting, hospitality operations, asset management, real estate development, and a host of ancillary business activities. John is known for his ability to build relationships, quickly diagnose a situation, align stakeholders on strategy and execute.
John has a strong network of hospitality professionals to whom he can call for specific expertise such as feasibility studies, guest research, market positioning and marketing, depending on the client’s needs