we know hotels
brands, independent, boutique and
and lifestyle concepts
which items add value
to an asset
helping clients improve
bridges the gap between
consultation and project management
because we have been there.
We know the business
Welcome to LittKm Group
LittKM demonstrates why an operations background is vital to efficient project management and capital spend decision-making. When facing an expensive renovation, it’s critical to understand what a hotel needs, not to simply maximize aesthetic appeal, but to maximize functionality. This knowledge gives us advantage over typical construction management groups, as we can give critical guidance on how to stay competitive or how to set up an exit strategy.
We are unique because of our experience as former owner/operators. Keep this in mind as you plan your capital changes or property improvement plans: An operations background is key to a seamless renovation.
The LittKM Group has completed nearly $200 million of renovations across some 30 hotel projects for us over the past 10 years, overseeing a critically important part of our investment strategy. They generally work as an owner’s representative for the entire process, from conceiving of complete renovation plans, sourcing the appropriate professionals to working with the multitude of constituents, including management companies, brands, banks, vendors and suppliers. They have always completed our assignments in a timely manner and within budget, all with high quality work and meticulous attention to detail. Their ability to handle all aspects of the renovation process allows us to focus on the things we need to do to maximize an asset’s value for our partners and investors. We highly recommend the LittKM Group.
The LittKM Group has successfully handled full project administration on a number of our hotels. They oversee the entire process, including budgeting and accounting, interior design and architecture, procurement, and construction. We appreciate their expertise with sourcing the appropriate professionals that align with the budget and coordinating all stakeholders including ownership, management companies, brands, and lenders. Their pragmatic approach to challenging assignments has resulted in the completion of renovations both on time and on budget. Their ability to handle all aspects of the renovation process allows us to focus our resources on obtaining the greatest return on investment for our partners and investors.
From a General Contractor’s perspective, it is critically important that an owner align themselves with proper representation. I have had the opportunity to work hand in hand with LittKM on several projects. Their knowledge of the hospitality industry is far more reaching than construction. Their understanding of Operations, Financing, and Procurement is invaluable. LittKM represents the epitome of a professional, knowledgable, and fair minded Project Management firm that translates into successful projects for the entire team.
What is this highly valuable asset? Its own people. Says Morgan Fraud, the author of The Thinking Corporation, “Given that we are all capable of contributing new ideas, the question becomes how do you successfully generate, capture, process and implement ideas?”December 14, 2019
Supported by a robust sales force and tight cost controls, Pharm Ltd. experienced sustained double-digit growth over a number of years, only to find that their supply chain struggled to keep pace.August 9, 2019
Most Common, yet preventative, hotel problems We visited another property today that has dropped off the face of the earth with regards to preventative maintenance. Our PM guru, Marc Fleischer, lists the follow top 17 problems found in most hotels we visit. Are yours in the same boat?___________Top 17 most common, preventative problems: No GuestApril 29, 2019
The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.April 27, 2019