Tolani currently has 14 properties under its umbrella and continues to grow due to the attractive variety of hotel management agreement options for owners, which include ‘Tolani’, which the group fully manages, ‘By Tolani’, which is a co-brand option where owners can opt-in to services offered by Tolani.
Currently, Tolani Hotels consists of the original Kui Buri property, which has always been the talk of the town, the one and only ‘Tolani Resort Kui Buri’ ‘Tolani Resort Koh Kood’, ‘Tolani Resort & Spa Koh Samui’, ‘Tolani Nimman Villa Chiang Mai’ ‘Tolani Northgate Villa Chiang Mai’, Tolani Southgate Villa Chiangmai, Tolani Le Bayburi Villas Pranburi.
Following the pandemic, we understand the changes to the industry, which is why Tolani has successfully pivoted hotels utilizing renovation, transformation and repositioning of properties such as Tolani Koh Kood, Tolani Kui Buri, Tolani Le Bayburi Pranburi and Sawaddi Patong by Tolani and believe that it’s essential for management companies to really listen to the needs of owners and work closely with them to help them get back on their feet and be ready for the industry as it comes back.
Goodbye Convoluted Hotel Management Agreements.
In the past, operators would present owners with convoluted Hotel Management Agreements (HMA) that were hundreds of pages long and were very rare in the genuine interest of the owners.
Tolani Hotels is by owners, for owners. Learning from what the industry has experienced during the pandemic, we realise that owners no longer wish to be locked into an old-fashioned contract for 10-30 years without the possibility of cancelling unless paying a hefty early cancellation fee.
Our goal is to help owners and investors by offering services suitable for both parties, them and us – not just one.
We see a lot of requirements and enquiries from owners interested in developing new hotels or renovating and rebranding.
Thailand-based hospitality company ‘Tolani Hotels’ built by veteran hoteliers and entrepreneurs set to welcome the industry back to its peak. I believe that moving forward, we need to work together closely with our owners, and we need to be a team player and sit on the same side of the table”, said Steve Lockhart, Tolani CEO. Having appointed Steve Lockhart as the CEO of Tolani Hotels, the group has plans to expand its footprint and help investors and owners to achieve their business goals. These agreements resulted in owners being left with less cash flow, creating an unnecessarily heavy burden.
Tolani offers owners a simple, straightforward SLA (Service Level Agreement) for your hotel. Contact us for further insight. While By Tolani’, a co-branding offering by the group, has properties including Limon Villa Khao Yai, Sawaddi Patong by Tolani, The Sea Koh Samui Resort & Residences by Tolani and Theorie Hotel Sukhumvit.
These agreements were crafted to maximise operating profits to ensure operator profitability while neglecting things that matter at the property level, like ongoing maintenance, repairs and refurbishments. New Don Mueng, Chaweng and Pattaya property developments are underway and expected to launch in 2023 under an entirely new concept and brand.
What we do now is to try to understand their needs and help them with their goals.
Written by: Supaporn Pholrach (Joom)