Venerts Hotel Management

Venerts Hotel Management is a business consultant in Watertown, SD. The firm provides hotel management, consulting, accounting, and human resources services to hotel owners, developers, and investors across the United States, operating a portfolio that includes limited service and extended stay properties. Venerts holds a rating of 3.70 based on 15 reviews.

The company's approach centers on building a personalized management and consulting plan for each property, with the stated mission of managing hotel properties at a quality level that produces sustained growth in sales and profits. Venerts draws on more than four decades of operating experience and maintains a centralized accounting office that processes payroll on a bi-weekly basis for every property in the portfolio. Day-to-day operations are paired with bi-monthly inspections of each property covering cleanliness, uniform compliance, cash handling, reporting accuracy, and administrative office efficiency.

Venerts Hotel Management offers a wide range of consulting services, including evaluation of owner goals and objectives, operational and marketing analysis, repositioning and rebranding, pro-forma development, revenue strategy implementation, pre-opening procurement and marketing, debt sourcing, property receivership, cost controls and financial budgeting, capital planning, human resource development, construction and renovation management with design assistance, technology review, investment return analysis, franchise affiliation evaluation and agreements, and preparation of project budgets. The firm's accounting department handles financial reporting, accounts payable, cash management, payroll processing, budgets and forecasts, fixed cost management, risk management, insurance procurement, bank reconciliations, and tax filing. The contact number for the company is (605) 886-3698.

With a team of seasoned professionals and a centralized yet flexible accounting system built for accurate, timely financial information, Venerts Hotel Management operates out of Watertown, SD, serving hotel investors throughout the country.