How operators, asset managers guide first-time owners
REPORT FROM THE U.S.—First-time hotel owners often partner with experienced third-party operators and asset managers who guide them during the development or acquisition and in running the hotel. The third-party operators and asset managers work with the new owners to explain how hotels work and how to best navigate the challenges of the industry. Setting Goals
New owners can bring an asset manager on at any time, but that relationship is better established early on, even be