Carlton Cannes InterContinental
CANNES, FRANCE
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Asset Management
Built by Charles Dalmas in the early 20th century, the Carlton is one of the most dazzling symbols of the legendary Croisette in Cannes, France.
This luxurious hotel blends the charms of yesteryear with upscale and modern amenities. This sophisticated Palace is an iconic hotel, which was featured in Alfred Hitchcock’s 1955 classic film “To Catch a Thief”.
The hotel was built in 1909, and a new wing was added in 1913. “La Grand Dame” hosted the creation of the League of Nations (forerunner of the United Nations) in 1922, and saw the birth of the International Film Festival in Cannes in 1946.
Within the last century, this building has built a real identity. The hotel is part of the French “patrimoine” and the façade was listed as an historical monument in 1984. This assignment was completed in 2014-15.
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Number of Rooms
343 guestrooms, including 39 suites with sea views
food & beverage
4 outlets (fine dining/brasserie, seasonal beach restaurant, two bars)
Back of the house facilities
staff housing, engineering workshop, dry & cold storage, dock, and a power generator
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Opening year
1909
meeting space
10 meeting rooms, 1,004 sqm
Other facilities:
private sandy beach, a small fitness area with a treatment room, boutique shopping outlets, boat dock, business centre, 126 parking space
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 Solutions conducted a forensic balance sheet review at the hotel and further followed up on the various flagged item.
Such controls ensured that receivables are valid claims and properly supported, that the receivables are reconciled on a daily and monthly basis (as appropriate), that credit has been granted in accordance with a formally approved credit policy and prudent business practices and the collection of receivables is reasonable and forthcoming, and that a reserve for doubtful accounts has been established and the reserve is reasonable.
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