Milos Neumann provides his clients with advice on hotel development strategy, hotel project management, hotel franchise and management contract negotiation, as well as pre-opening services.
Based in Prague, Czech Republic, Milos provides clients in Central and Eastern Europe and beyond with a comprehensive set of negotiation tools and services ensuring that hotel business strategy is reflected in the underlying contracts between the various parties as well as ensuring that the hotel operation is structured and managed for optimal profitability. His advice is also sought for risk management, borrowing terms, construction cost supervision, franchise application, quality assessment, business plan preparation, due diligence reviews and other advisory services.
Milos has been leading his own consultancy for more than a decade and in this time has had a wide range of diverse assignments in a number of countries for a number of investors, lenders and operators. Including his corporate career, he has worked on more than 200 separate projects and these have included the full range of properties - hotels, hotel chains, ski properties, boutique hotels, castle residences, restaurant and congress centres. His advice has been both in respect of the pursuit of branding and operational excellence as well during a M&A deal. He has prepared long term cash flow forecasts to support the purchase price of a deal. Clients have included OREA (owners of a portfolio of 25 hotels). MOL (owners of 17 hotels), Euroagentur Atrium Congress Hotel as well as ECM Development.
Prior to creating his consultancy more than 10 years, Milos worked with Cendant Corporation and Sun Franchise Systems as their Senior Business Analyst for Central and Eastern Europe. His early career was in number of operational management roles with Best Western and Corinthia Hotels as well as with the privately owned Prague Casa Marcello Hotel.
Milos is a graduate of the Hotel Management School and University of Prague.
Associated Areas of Expertise
Development strategy Read more >
Franchisee and relationship management Read more >
New hotel openings Read more >
Project management Read more >