Published on March 5, 2014
Combining unparalleled experience, comprehensive capabilities across all segments of Hospitality, Leisure and Business functions, and extensive research , Winn Hospitality collaborates with clients to help them conceptualise, develop and operate high-performance businesses. Our Vision is to establish Winn as a landmark and to be recognized domestically and internationally as a leading multidimensional hotel consulting , development and management company.
What we Do (1) Initial Investigation (2) Ongoing Management Services (3) Funding Services
Winn hospitality assists with Concept development, Market research and Feasibility studies to assess the Economic viability of a project or major conversion / optimization of an existing property. For this Winn Hospitality Provides a detailed “Economic Feasibility study / Techno Economic Feasibility Report (TEFR) Initial Investigation also involves finding key areas of problems, preparing a detailed layout plan.
Operations Financial Services Personnel • Supervision & Management • Pricing Structures • Repairs & Maint • Risk Management • Capital Improvements • Accounting Procedures • Assets Management • Banking & Credit Systems • Financial Budgets • Taxation • Financial MIS • Staff Recruitment • Training Programs • Personnel Records
Equity / Debt Structure Advice Investor Searches (Equity) Offer Documentation Preparation Arranging Debt / Finances (Debt) Loan Documentation Preparation
Marketing & Sales Technical Assistance Support Services
Hotel High Point, Jodhpur • Initial Investigation • Trade Off Between Options of Self Running and Leasing Out • Winn is also providing Ongoing Financial Services, and few operational Services • Achievement: Successful Implementation of Modified Version of Tally ERP specifically designed for Hotel Industry at Front Office, Restaurant, Stores, and Accounts Office of the Hotel • We have Outsourced complete Accounts, Audit, Finance and legal Department
A HERITAGE HOTEL
Hotel Marvel Umed, Jodhpur • Initial Investigation • Advisory- Shut Down Ala Carte Operations • Winn is also providing Ongoing Financial Services, and operational Services
DELUXE 2 STAR HOTEL
• Initial Investigation going on Hotel Marugarh, Jodhpur
Mr Manish Gupta: A Qualified Chartered Accountant, having more than 20 years of experience in Hotel Industry. He is specifically looking after Implementation of New Projects, Capital Improvements, Investor Searches, Arranging Finances.
Mr Manish Garg: A Qualified Chartered Accountant, having more than 8 years of Experience in Financial Services, Accounting, Taxation, Banking and Personnel Management. He is specifically looking after all types of Financial Services, Personnel, and supporting Funding Services
Mr Rajendra Bhati: A Qualified Cost Accountant. He is specifically looking after the Pricing Structures, Risk Management, Supporting Financial Budgets , and other Financial and Costing Services. We have more than 10 Dedicated Qualified and Semi Qualified Staff in our team to ensure best services to our clients.
Winn Team Advisory Services Private Limited Address: UG-15, Modi Arcade, Chopasni Road, Near Bombay Motors, Jodhpur Contact Person: Mr Manish Garg +91-9214407707
The Importance of a Hotel Expert/ Consultant has increased many folds in today's era. This is due to huge market competion , Increase in Inflation, Multiple Tax Compliances, Multiple Laws Compliances, Personnel Problems, Financial Requirements, Completed Accounting Procedures for Hotels, etc.
• Business Killer: The Harsh Service Tax Provisions are proving to be a business killer , not just for Hotel Industry but for all kinds of service Industry (if the Service Tax laws are not properly followed. • Adverse affect on Profitability : Current Service Tax Rate is 12.36 % , some times it goes to 20 % including interest and penalty. So if the service tax provisions are not followed the profitability may get a hit by 20% !! •Non Bailable Warrant : Now a days a Non bailable warrant may be issued against service tax defaulters and the defaulters may face arrest for minimum 3 three days. Service Tax
Service Tax is Just one example, there are many other compliances which at times may prove fatal for the industry Generally in a Hotel Industry following Taxes / Laws compliances are required to be maintained: › › › › › › › › › › Service Tax Laws VAT / CST / Sales Tax Laws Income Tax Laws FRRO – C Form & Other Requirements Labour Laws PF / ESI Laws Food Security Laws Municipal Laws Companies Act / Partership Laws Abkari Department
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