What an asset manager 'audit' can reveal about your hotel
With the increase in the number of fund-owned hotels in recent years, the industry has seen a spike in the number of hotels with asset managers. Acting as the middleman between an ownership group and a hotel’s operations teams, an asset manager’s job is to maximize the hotels profit by increasing revenues and improve operating efficiencies. The introduction of new ideas and strategies from the asset managers can often lead to tension or resistance from a hotel’s operations te