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Mccaslin Hotel Consulting, Llc

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McCaslin Hotel Consulting, LLC Market Research Report



Executive Summary



McCaslin Hotel Consulting, LLC is a boutique hospitality consulting firm specializing in comprehensive market studies, hotel asset management, and financial analysis for hotel real estate projects. Established by seasoned industry experts Randy McCaslin and Patrick McCaslin, the company leverages over 50 years of collective experience in the hospitality sector to deliver tailored consulting services to its diverse clientele. The company operates in the hospitality industry with a team of 2-10 employees, based in Houston, Texas.

Key Personnel



Randy McCaslin


  • Position: President

  • Professional Experience: Over 45 years in the hospitality industry, including more than 35 years in hotel consulting.

  • Previous Roles:

  • CBRE Hotels Consulting

  • PKF Consulting USA

  • KPMG Peat Marwick Hospitality

  • Resolution Trust Corporation

  • Laventhol & Horwath

  • Expertise: Market and financial services for hotel real estate, economic impact analysis, public-private hotel conference center projects.

  • Contact Information:

  • Email: randy.mccaslin@pkfc.com / randy@mccaslinhotelconsulting.com

  • Phone: (713) 588-6002



Patrick McCaslin


  • Position: Chief Executive Officer

  • Professional Experience: Nearly 20 years in the hospitality industry, including 16 years in hotel consulting.

  • Previous Roles:

  • CBRE Hotels Consulting

  • PKF Consulting USA

  • Caesars Entertainment

  • Hyatt Hotels Corporation

  • Expertise: Market and financial services for hotel real estate, hotel operations, profitability growth, advisory on portfolio management.

  • Contact Information:



Services Offered



1. Market Studies: Comprehensive analysis of economic trends, market segmentation, demand and supply, with projections for future market performance.
2. Hotel Asset Management: Focused on operational and financial performance, serving as representatives for property owners to maximize profitability.
3. Financial Analysis: Including internal rate of return (IRR) analysis, gap analysis, and economic impact studies.
4. RFQ/RFP Process Management: Managing the Request for Qualifications (RFQ) and Request for Proposals (RFP) processes for hotel projects.
5. Repositioning and Branding Analysis: Studies for repositioning hotel properties and analyzing the impact of branding changes.

Notable Projects and Expertise



McCaslin Hotel Consulting, LLC has a proven track record in handling diverse and complex hospitality projects, including:

  • Luxury Hotels: Advisory and consulting for high-end hotel projects.

  • Independent Boutique Hotels: Specialized consulting for unique, non-chain hotel properties.

  • Public-Private Partnerships: Expertise in hotel conference center projects in collaboration with public entities.

  • Industry-Specific Projects: Including medical-related hospitality projects, and oil and gas-related hotel developments.

  • Economic Analysis: Comprehensive analysis of the economic impacts of hotel projects.


Market Position and Strategy



McCaslin Hotel Consulting, LLC differentiates itself through its personalized approach, deep industry knowledge, and the impressive professional background of its founders. The firm's strategy revolves around tailoring its services to match the unique vision and requirements of each hotel project, ensuring that all market analyses and financial projections are aligned with the client's objectives.

Website: [McCaslin Hotel Consulting, LLC](https://mccaslinhotelconsulting.com)
Company Size: 2-10 employees
Industry: Hospitality
Headquarters: Houston, Texas

Contact Information:
713.588.6002
Email: [Contact Us](mailto:info@mccaslinhotelconsulting.com)



Competitor Profiling



Competitors



DPC Hospitality


  • Location: Houston, Texas

  • Size: 2-10 employees

  • Founded: 2001

  • Specialties: Hospitality advisory, hotel market studies, feasibility assessments, brand impact studies, appraisals, and occupancy tax projections.

  • Service Scope: In addition to comprehensive hotel consulting in the Southwest US, DPC Hospitality collaborates with public and private entities, including developers, owners, lenders, and hotel brands. The firm is known for conducting over 500 projects.


Crown Hospitality Consulting


  • Location: Atlanta, Georgia

  • Key Contact: Amanda Chivers, Managing Principal

  • Specialties: Asset management, hotel operations oversight, property improvement plans, strategic repositioning, and construction management of new developments and conversions.

  • Service Scope: Focus on luxury and upper upscale hotels and resorts, with a particular emphasis on the Southeastern United States. Crown manages nearly $500M in asset loan values.

  • Notable Achievements: Amanda Chivers has extensive experience in managing significant private equity investments exceeding $1 billion in hospitality assets.


TR Mandigo & Company


  • Location: Elmhurst, Illinois

  • Industry Experience: Over 35 years in the hospitality consulting field.

  • Specialties: Market feasibility studies, litigation support, impact analysis, financial analysis, and acquisition due diligence.

  • Service Scope: TR Mandigo has carried out over 400 consulting projects globally, with significant experience cited in multiple reputable media outlets including the Chicago Tribune and Crain’s Chicago.


CBRE Hotels


  • Location: Multiple, globally-based

  • Specialties: Valuation and advisory services, capital markets, project and program management, and industry research specific to the hospitality sector.

  • Service Scope: CBRE Hotels provides a broad array of services aimed at optimizing performance and CapEx, strategic buy/sell conversions, and reflagging/deflagging strategies, with significant presence and impact on both local and global scales.


Strategic Advantages



McCaslin Hotel Consulting leverages its deep industry experience and focused expertise to provide tailored solutions for their clients. The firm's robust understanding of market dynamics, combined with their hands-on approach, sets them apart in delivering actionable and insightful market and financial analysis.

McCaslin Hotel Consulting’s ability to draw on decades of collective professional expertise makes them a formidable player in the hospitality consulting arena, offering a comparative advantage in bespoke consulting services directly aligned with the unique needs of their clients.