Asset managers provide a wide range of management oversight, analysis, and support to hotel owners. The specific scope of services is tailored to each owner. Compensation is usually a flat fee or a fee that is a percentage of gross revenues.
More Than Spare Change in the Parking Couch...
The First Edition of a Three Part Series on Parking Asset Management Success
Since its inception, the economy segment has undergone a continual process of transition. Although most owners, operators and lenders take a “stick to the basics” approach, a problem arises when one attempts to define just what “the basics” are.
Balancing Financial and Non-Financial Objectives in Public-Sector/Private-Sector Hotel Relationships
Public-/private-sector partnerships, while sometimes challenging, can certainly result in a win-win situation when financial and non-financial goals and objectives are clearly defined and effectively aligned.
An inside look at one of the nation’s top hotel acquisition funds. Find out what they are looking for and what are they buying.
Technologists and Hoteliers have very different personalities, yet both are critical to successful hotel technology decisions. This article explores the nature of that sometimes difficult collaboration, and offers some advice for a smooth process.