OLS News

Projects > HMS

HMS Host

HMSHost, formerly known as Host Marriott Services, is world-renowned for creating innovative concession plans
 in travel venues.  HMSHost has revenues of $2.0 billion and is a wholly owned subsidiary of Autograill S.P.A.
Together, HMSHost, HMSHost Europe and the rest of the Autogrill Group are recognized leaders in retail, food and beverage concessions serving people on the move.  With operations in nineteen countries, 101 airports worldwide            
 and 106 motorway travel plazas in North America, the combined Company has annual revenues over $4.0 billion.

Scope of Services:

HMS Host engaged OLS manage the sale and to sell all remaining assets resulting from their 6 floor 700+ person headquarters move.  Originally OLS was engaged to sell the modular furniture, however with seven days notice an additional 750 items were added to the sale that included computers, IT, A/V, telecom equipment, business equipment artwork and a full restaurant.

Outcome:  OLS successfully sold and removed all assets on time affording HMS Host a return exceeding their expectations.

 

CLIENT CHALLENGES   OLS SOLUTIONS
  • Variety of Assets
  • Difficult logistics
  • Last minute additions
  
  • With a mixture of assets including computers, IT, A/V, telecom equipment, restaurant equipment, modular furniture, file cabinets, private offices, ancillary equipment and art work, OLS sold these assets using the AESI Process,  by means of an internet sale, private treaty sale and CDRM (charitable donation recovery model).

  • With multiple floors and slow elevators as a challenge,  precise coordination of an experienced professional staff was able to successfully remove all product on time and budget.
     

 

We are so confident of our process that we will value your assets,
and give you a Solution without any obligation or cost.

Contact Us!