- Creative Hospitality Associates, goal is to provide clients with clear pathways to profitability. Our consulting group of associates and network of affiliates is made up of a cross-section of some of the most talented, qualified, and experienced professionals in the art and science of hospitality management. Collectively, our group’s experience spans the integrated disciplines of concept, development, implementation, operations and management of hospitality environments. CHA offers years of collective management, development, and marketing and operations experience.
- It can be as simple as an invoicing arrangement where CHA provides summary of the hours worked and invoices that client for payment. Or a consulting services agreement is executed that clearly defines the deliverables or statement of work that CHA will provide and the fees that the client will pay. Other terms and conditions such as payment terms, handling of expenses, continuation & termination are also defined. CHA can also work on a retainer arrangement where a pre-payment is made against which the client draws hours. CHA provides a summary of the hours worked and bill against the retainer. CHA will work with our clients to develop a plan that best suits their needs.
- When hiring a CHA, we will assist you in selecting a fee structure which enables the CHA team to produce the best results at the most reasonable price. However, do not hire CHA solely based on cost. Being “a penny wise and pound foolish” will lead you to “getting what you paid for”. For any case, CHA will determine fees based on anticipated hours necessary to complete the project. Typically, out-of-pocket and travel expenses are billed separately from professional fees and this should be indicated in the proposal. These expenses are for such items as transportation costs, lodging and meals and report production.
There are essential four types of fee structures that CHA can offer:
- Fixed fee on a per project basis
- A quoted fee on a standard time basis, with a surcharge over certain designated hours if it is unclear as to the scope and time length of the project
- Hourly rate
- Day rate
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