AGON took over management of the Best Western Astor Hotel with 212 rooms in 2004. Upon takeover, AGON implemented its management systems and processes and dramatically turned around its operations to be profitable. For example, in the first year under AGON's management, Best Western Astor Hotel's revenue had increased by 184%, energy cost reduced by almost 40%, and gross operating profits increased by 10 times.
Appreciating AGON's services, the hotel owner wrote:
"We appreciate the efforts and high level of hotel expertise your group has brought to the hotel throughout the years. Your management systems, cost management, human resources support (recruitment and training of staff), marketing strategies, and overall direction for the hotel have proven very successful. We look forward to future successes together and are pleased to have extended our management agreement with your group for an additional eight years until 2014."
Mdm. M. Borja, Owner's Representative/ Corporate Treasurer