Amstel Hotel InterContinental
AMSTERDAM, NETHERLANDS
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Asset Management
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InterContinental Amstel Amsterdam is a five-star superior hotel marked by a long tradition of genuine hospitality and discrete luxury. In 2016 and 2017 the hotel is dedicated to celebrate the 150th jubilee of the hotel, as the construction started on April 26th, 1866.
The hotel opened its doors 1 year and 1 day later in 1867 and is praised ever since for its royal appearance and homely warmth.
The imposing lobby, historical stair, beautiful chandeliers and high ceilings make it a true Grand Dame Hotel.
The landmark building is recognized as the most iconic hotel in Netherland. The 79 rooms and suites feature an authentic character with room surfaces that are among the largest of Amsterdam. This assignment was completed in 2014-15.
Number of Rooms
79 guestrooms, including 21 suites and 3 unique suites
food & beverage
3 outlets (fine dining 1 Michelin Star restaurant, a brasserie, a lounge, a wine room and a bar)
Back of the house facilities
engineering workshop, dry & cold storage, dock, and a power generator
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Opening year
1867
meeting space
7 meeting rooms, 462 sqm
Other facilities:
indoor swimming pool, fitness area with treatment rooms, sauna, steam bath, Whirlpool, solarium, business centre, boat dock, 40 covered parking spaces
Number of Rooms
The 200 rooms include 39 suites, some on two levels and some with step-out balconies or spacious private terraces. The design is contemporary, overlaid with the depth of history.
food & beverage
There are four restaurants and bars, including Dani on the rooftop by chef Dani García, serving traditional Andalusian cuisine. For those looking for the atmosphere of a cocktail bar, Isa offers mixology at the forefront of current international trends, coupled with Asian tapas.
meeting space
The setting creates a stylish and memorable destination for business meetings, product launches, weddings, and gala parties, hosting up to 350 guests. The hotel offers 1,700 m2 (18,300 sq. ft.) of spaces across nine venues on the second floor, all with natural light and views across the city. Space includes two ballrooms with pre-function spaces, an open-air courtyard, and four versatile meeting rooms.
Wellness and Private Club
Four Seasons Madrid features a four-level spa and a sun-splashed 14-metres pool, creating an unbeatable experience for Madrileños and international guests.
Opening year: 2020 (originally built in 1887)
Number of Rooms
The 200 rooms include 39 suites, some on two levels and some with step-out balconies or spacious private terraces. The design is contemporary, overlaid with the depth of history.
food & beverage
There are four restaurants and bars, including Dani on the rooftop by chef Dani García, serving traditional Andalusian cuisine. For those looking for the atmosphere of a cocktail bar, Isa offers mixology at the forefront of current international trends, coupled with Asian tapas.
meeting space
The setting creates a stylish and memorable destination for business meetings, product launches, weddings, and gala parties, hosting up to 350 guests. The hotel offers 1,700 m2 (18,300 sq. ft.) of spaces across nine venues on the second floor, all with natural light and views across the city. Space includes two ballrooms with pre-function spaces, an open-air courtyard, and four versatile meeting rooms.
wellness & private club
Four Seasons Madrid features a four-level spa and a sun-splashed 14-metres pool, creating an unbeatable experience for Madrileños and international guests. Opening year: 2020 (originally built in 1887)
The 200 rooms include 39 suites, some on two levels and some with step-out balconies or spacious private terraces. The design is contemporary, overlaid with the depth of history.
There are four restaurants and bars, including Dani on the rooftop by chef Dani García, serving traditional Andalusian cuisine. For those looking for the atmosphere of a cocktail bar, Isa offers mixology at the forefront of current international trends, coupled with Asian tapas.
The setting creates a stylish and memorable destination for business meetings, product launches, weddings, and gala parties, hosting up to 350 guests. The hotel offers 1,700 m2 (18,300 sq. ft.) of spaces across nine venues on the second floor, all with natural light and views across the city. Space includes two ballrooms with pre-function spaces, an open-air courtyard, and four versatile meeting rooms.
Four Seasons Madrid features a four-level spa and a sun-splashed 14-metres pool, creating an unbeatable experience for Madrileños and international guests. Opening year: 2020 (originally built in 1887)
Some Key Highlights, Strategy & Improvements:
Global Asset Solution provided an initial review and the main goal was to give ownership a clear overview of the operational efficiency/integrity, and on the risks and opportunities in the operation of each hotel. We aimed to have a correct understanding for each account (both P&L and balance sheet) with a clear and detailed review of the operational policies in the hotel.
Based on this we advised and suggested ways to improve the operational result wherever possible. In the event that it was not possible to reconcile an account we clearly indicated what steps need to be taken within an agreed period in order to get these accounts ‘back on track’.
This was subsequently verified through follow up visits as part of the monthly reviews. A special focus is usually made on company intercompany accounts, right allocation of revenues & expenses which had a direct impact on the management fees, inventory held by the hotel is adequately maintained and accounted for.
