Key Property Highlights
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.
 
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.
  
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)

 

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:

  • 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.
  • 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.
  • Monthly detailed quantitative analysis of operating data and full-year forecasts of all operating departments, review of outstanding debtors.
  • 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.
  • 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).
  • 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.