Starting from Scratch?
Who We Are
ABOUT ASCK PTE LTD
We advise - We manage - We invest
Hospitality with Profitability.
There has been a growing trend over the years to split hotel investments into several parts and layers. Land owners, developers, marketers, banks, funds, hotel operators, individual investors. This multiplication of stakeholders has changed the rationale behind any hotel project to reflect the individual interest of some at the expense of others.
We believe, as investors, that a hotel project should be based, as any enterprise, on a sound market research, business plan and feasibility study incorporating best and worst case scenarios in order to achieve a decent risk/reward objective. There has also been a constant disconnection between real estate prices in most markets and their respective hotel REVPAR.
Our philosophy is to provide an unbiased approach to hotel investments where the basic elements are the foundation of a sound project and a high success rate. We can advise on a project, manage it and invest in it.
We are a family business, specialised in the hotel industry since 1987, successful in all of our projects. We offer an alternative to a world of poor returns to hotel investors and where margins are swallowed by the growing clique of intermediaries.
We care about the bottom line!
To enhance our focus on profitability, we have created a purchasing software based on the latest blockchain and machine learning technologies .
Purchasing in hospitality has always been a difficult area to control and often, the costs outweigh the gains. This is due to the very high number of small transactions, variety of products, uncertainty in sales and limited time resources from the professionals. The lack of supplier competition in most markets, makes the purchasing process highly inefficient, especially for small/medium organisations.
Our software will learn the sales patterns, manage the stocks and find the most competitive prices for each item from each supplier.
Some of our past projects:.
What We Do
We can review your project and give an unbiased, professional opinion and peer review. We can also propose a business plan and conduct a full market research.
We can propose a management solution, either directly or indirectly. We do not propose brands or sales networks of our own but can recommend the best suited provider depending on the project. We will always propose the solution that is most profitable to you.
We are always interested in putting our money where our mouth is. Should you look for a partner in your venture, we are happy to consider.