Asset Management
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2017-11-06T20:30:22+00:00
Asset Mangement Services
- Operator selection and negotiation
- Operational reviews to insure the productivity level of operator’s management staff increase the property’s cash flow
- Monitor the physical condition of hotel to assure proper improvement projects’ capital expenditures
- Review the market strategy and expense controls to enhance revenue growth and provide consistency of service
- Develop goals for management that encourage their achievement in finding cost-effective ways to improve revenue
- Seek ways to maximize value including repositioning, expansion, renovating and recapitalization
- Make regularly scheduled visits for consultation with management on ongoing operations and implementation of changes
- Follow-up reports including analysis and critique of financial statements
- Provide hotel operations and asset oversight to identify the basis for hold verses sell decision