Walsh Associates Celebrates 10 Years at Forefront of Hospitality Purchasing and Project Management.Business Editors PORT CHESTER Port Chester, village (1990 pop. 24,728), Westchester co., SE N.Y., a suburb of New York City, on Long Island Sound at the mouth of the Byram River, and on the Conn. border; settled after 1660, inc. 1868. Primarily residential, it produces some household goods. Gen. , N.Y.--(BUSINESS WIRE)--Sept. 4, 2003 For 10 years, Walsh Associates has excelled at something few others in the hospitality industry even attempt: marrying the services of a project manager with the buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. of a skilled furniture, fixtures and equipment Furniture, fixtures and equipment (or FF&E) is an accounting term used in valuing, selling, or liquidating a company or a building. FF&E are movable furniture, fixtures or other equipment that have no permanent connection to the structure of a building or utilities. purchasing company. Walsh's singular combination of expertise has saved millions for the company's hotel clients and made Walsh Associates the project manager/FF&E purchaser of choice for noteworthy renovation projects across the country. The company will celebrate its 10th anniversary in January 2004. Since its inception, Walsh Associates has provided project management and purchasing services for more than 90 projects representing more than $200 million. "Having a single company provide both project management and purchasing services in many cases improves every aspect of a renovation project," says Scott S. Piccone, vice president of Cornerstone Real Estate Advisers, Inc. "Schedules and budgets are met. Communication is more efficient. The owner's life is simplified by having one point of contact for nearly every issue associated with the renovation project." Walsh Associates is one of the few independent companies I know of that provides both project management and FF&E services," says Gerald P. Chase, president/chief operating officer of New Castle Hotels, a Shelton, Conn.-based hotel development, ownership and management company. Walsh's experience spans premier domestic and international resorts such as the Marco Island Marriott Resort in Florida, historic properties like Gurney's Inn on Long Island, and renowned hotels like the former Marriott World Trade Center
The company manages every aspect of a construction project, from helping establish design, budget and schedule goals, to overseeing the bidding process and supervising the construction. As an FF&E purchasing agent Noun 1. purchasing agent - an agent who purchases goods or services for another agent - a representative who acts on behalf of other persons or organizations , Walsh handles everything from costing and budgeting, to contracting for installation and warehousing. Bill Walsh founded the company in 1994, working from his home. Prior to creating Walsh Associates, Bill was vice president of technical services for Accor North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. Corp., where he directed the technical services department for design and construction of Sofitel and Novotel hotels throughout North America. He holds a master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in civil engineering and construction management from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. , and a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in civil engineering from the University of Colorado University of Colorado may refer to:
"We've seen some interesting evolutions occur in the hospitality industry over the past 10 years," Walsh says. "While the role of the major hotel companies' technical services department has declined, the influence of the asset manager has increased," Walsh explains. "Asset managers are relying more on outside consultants for project management, design and purchasing. And instead of increased specialization, more consultants are trying to do what we've been doing for 10 years - providing added services. We see those in different roles - including other purchasing agents and architects - offering project management; it seems that everyone wants a bigger piece of the renovation pie." Walsh has also observed a marked change in the influence Asia has had on FF&E costs. "Asia, in general, and China, in particular, has had a huge impact on lowering FF&E costs," says Walsh. "Asia is getting more sophisticated in its products offerings, using, for example, computerized yarn placement technology to create exquisite tufted carpets." Timing has also changed, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Walsh. "Lead times seem to have increased, with fewer supplies kept in stock. And with ocean freight and customs to contend with, proper planning has become even more critical." For more information, contact William Walsh at 914-690-9790, or visit the Walsh Associates' website at www.walshworks.com. |
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