The Masterpiece Collection-managed hotels will operate under a guided but decentralized management strategy.
The corporate team at The Masterpiece Collection will invest in the care, maintenance, and management of their constituent assets and brands that support the maintenance of brand savoir-faire and enhancement of profitability.
Consistent with our strategy, each The Masterpiece Collection property’s brand DNA and customer appeal will be enabled to grow over time, amplify demand, and sustain and enhance profitability.
Economies of scale at The Masterpiece Collection will reside mainly at the corporate level, leveraging infrastructural capabilities and resources to generate cost efficiency, enabling a strong but guided decentralized structure.
Each Masterpiece Collection property or brand will be encouraged to utilize corporate services where it makes the most sense for the benefit of the property – without enforcing standardized requirements that add no value at the asset level.
A clear set of success metrics will be set in place with each property where the performance of each property will be measured against customer engagement, employee engagement, competitive set comparative results and property financial outcomes/expectations.
As a result, without compromise to their vision, each Masterpiece project investor partner will be able to access a cost-synergizing, comprehensive suite of back-office services to power their project, including: