level of incredibly talented professionals focused on the goals and objectives of owners, developers and investors. The result is a new breed of Management Company. More nimble. More experienced. More dedicated to specific needs of a property or development.

Operation: ACBMS International sets and carefully monitors meaningful cost controls. Rates are structured, checked daily through our guest tracking report and changed as market conditions warrant. Rate maximization via yield management is an integral part of the operations strategy. Payroll is analyzed daily, energy costs controlled, preventive maintenance programs are established, and an extensive Policy and Procedures Manual is utilized by management.

Personnel: Integral to a hotel's success is its manager. ACBMS International has taken pride in being able to find and keep the most competent managers for a given hotel property. Furthermore, the best available personnel are found for all operational areas; a key to our success is the longevity of our employee associates, both in the home office and in the field. The company is well versed in ongoing Federal Regulations regarding personnel such as ADA, OSHA, FMLA and COBRA.

Renovations & Purchasing: ACBMS International has developed close relationships with many suppliers & manufacturers.

Due to economics of scale, purchasing power is realized. While saving ownership unnecessary expenditures, quality renovations are achieved.

Sales & Marketing: ACBMS International places special emphasis on a strong and effective sales and marketing department. Sales works strongly on two levels, locally and internationally. Major consideration is placed on working with managers to better enable them to work with their sales staff. Following careful research, strategic marketing plans are put in place for each property in the portfolio and reviewed quarterly. Marketing dollars are carefully allocated and accurate market segment tracking is reviewed to assure that the monies are being spent wisely.

Advertising: The sales and marketing department works closely with an in-house graphic artist to provide cost effective, full-service graphic design. The department handles all advertising including internet,direct mail, print media, radio, television and billboards.

Services: ACBMS International provides centralized accounting services for hotel clients, resulting in lower administrative payroll costs to the hotel and more accurate, informative and timely financial information. The central accounting office closely monitors daily accounting reports, supervises payroll processing, prepares monthly bankreconciliations, files sales and use tax returns, pays most invoices, and manages hotel cash.

Audits: To assure both a high degree of operating efficiency and administrative accuracy, an audit is conducted no less than twice a year. In addition to a thorough inspection of the physical property, the audit consists of a complete examination of the hotel's cash handling and reporting methods, the accuracy of daily reports, and analysis of payables and receivables, a check of all employment records, and a detailed review of all front office and administrative procedures.

Reports: Both monthly and quarterly reports are prepared for ownership. These reports include an analysis of present, past and projected performance. The monthly financial statements include balance sheets, cash flow statements and income statements.

A monthly report is prepared to show and explain variance in the income statement from the budget, personnel changes, market conditions, sales updates and capital improvement expenditures.