Hotel Asset Management Guide: Some Hotel Asset Management Best Practices
Source: https://www.tfgassetmanagement.com/news/hospitality/hotel-asset-management-guide-some-hotel-asset-management-best-practices.aspx
Hotel asset managers play an increasingly important role in overseeing owners’ assets and ensuring an optimal return on investment. TFG Asset Management shared some hotel asset management best practices. Its four principles comprise of evaluating the top-line to bottom-line performance and taking decisions at tactical and strategic levels.
On the top line, hotel asset managers should focus on revenue generators, including potential sources of income.
On the bottom line, hotel owners should invest in such areas as green initiatives and refurbishment.
Tactically, it is critical to analyse the hotel’s positioning and its competitive set.
Strategically, the hotel asset manager must deeply understand the hotel investment market to identify the optimal moment to apply divestment strategies.
Source: https://www.tfgassetmanagement.com/news/hospitality/hotel-asset-management-guide-some-hotel-asset-management-best-practices.aspx
Hotel asset managers play an increasingly important role in overseeing owners’ assets and ensuring an optimal return on investment. TFG Asset Management shared some hotel asset management best practices. Its four principles comprise of evaluating the top-line to bottom-line performance and taking decisions at tactical and strategic levels.
On the top line, hotel asset managers should focus on revenue generators, including potential sources of income.
On the bottom line, hotel owners should invest in such areas as green initiatives and refurbishment.
Tactically, it is critical to analyse the hotel’s positioning and its competitive set.
Strategically, the hotel asset manager must deeply understand the hotel investment market to identify the optimal moment to apply divestment strategies.
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