
Development, Acquisitions, and Strategic
Management |
Today...and tomorrow
In
1999, MMC Group became a global player in the business
development, commercialization, and management of international
resorts, hotels, and entertainment centres: By 2003, projects in
North and South America and Europe were totalling over $500M in capital investments.
From its offices in Monte-Carlo, MMC applies an international
business strategy with three distinct components, including
development, acquisitions, and management. The development
projects focus on early stage opportunities that represent
significant added-value benefits. Typically, these opportunities
include mega-resorts built on prime land, and include a range of
product from hotels to condominiums to fractional units and luxury
villas, as well as complete villages with entertainment
facilities, food and beverage and merchandizing outlets. The
acquisition opportunities represent properties that are already
operating or well advanced in their development process. These
projects typically include hotels that need refinancing,
upgrading, or repositioning to create new added value for
shareholders. Finally, management opportunities encompass the
asset management of each property in the portfolio. This involves
the strategic engineering of each property’s management, while
outsourcing specific operational tasks to the most appropriate
international brands, franchises and operators. |