Molitor Hotel, MGallery Collection
Paris, France
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Asset Management
360º
Molitor first opened in 1929 and was for over 60 years, Paris’s most popular swimming baths with its two swimming pools and its avant-garde atmosphere.
The pools complex closed in 1989 after being listed as a historic building and used by artists who transformed the building into a Mecca for the Parisian underground.
In 2007 the Paris City Council launched a tender process for the restoration and operation of the building which was transformed into a hotel. The pools were rebuilt as truthfully as possible to the original keeping the balustrades, the mosaics, and colors.
In 2014 the existing M Gallery Molitor re-opened with 124 exquisite rooms and suites including the Private Club, which gives members separate access to the two pools and all wellness facilities of the hotel.
Number of Rooms
The 124 rooms and suites, designed by the architect Jean-Philippe Nuel, give the feeling of a natural oasis of peace. With the building surrounds the most iconic Parisian pools and its very distinctive art statement, the Molitor is genuinely a unique urban resort, one of a kind in the world.
food & beverage
The three restaurants/bars include the Brasserie Urbaine on the ground floor opening up to the summer pool with its terrace, the private club, and the vast rooftop, with breath-taking views of Paris.
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Other facilities & services
Art, back to the history of the property dating from 1929, is displayed throughout the property including in the famous cabins, which surround the winter pool.
Opening year: 2014 (original building 1929)
MEETING SPACE
Molitor offers a variety of meeting and events space totaling up to over 1,400 sqm, including the use of the indoor winter pool of 429 sqm.
Wellness and Private Club
Operated by world-renowned company Clarins, the Molitor spa spreads over 1,700 sqm. It includes 13 private treatment rooms, hammam, saunas, full fitness club and a hair salon on site.
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)
Global Asset Solutions provided an 360° Asset Management Review (health check of the hotel), with the main goal of identifying the operational efficiency/integrity and the risks and opportunities in the operation of the hotel:
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Reviewed the financial procedures of the hotel and the compliance to USALI while providing recommendations on how to better align the work of the team and streamline processes. Discussions were also held in regards to the importance and strategies behind forecasting.
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Analyzed the Sales & Marketing strategies to identify potential to increase the revenues (e.g., segmentation, BAR) and improve the usage of the PACE report based on competition set. Discussed and provided feedback on the importance to directly source new high yield businesses (e.g., USA) not delivered by the brand. 2019 Focus will be to improve yield and distribution of the hotel as a direct business as opposed to through OTA.
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Monthly detailed quantitative analysis of operating data and full-year forecasts of all operating departments, review of outstanding debtors.
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Work with the hotel team on improving flow-through for F&B with better procedures, strict cost control with menu engineering and a higher level of service to capture clients. Review of structure and outlet distribution.
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Engage with the operator to provide the right departmental support mainly in Finance, Sales & Marketing (with new markets) and Food & Beverage (cost control and levels of service).
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Further work included reviews of Human Resources requirements and general procedures, capital investments, preventive maintenance, and in general focus on new business generator initiatives.
Following our initial review, the client appointed Global Asset Solutions again, to provide a detailed asset management action plan focusing on finance, sale & marketing, and revenue management. Such assignment allowed the hotel team/performance to strive to the next level and supported the operation team to bring new initiatives on board to improve sales, control system in finance, save cost, and drive real estate value for the owner.
