Frequently Asked Questions 

1. Why is there demand now for hotel asset managers?

2. How and when did the concept of asset management start - particularly in relation to the hospitality industry?

3. What are the advantages of employing the services of an asset manager?

4. What should an owner/investor look for an asset management company?

5. How does an asset manager relate to the owner? to the operator?

6. Being the 'eyes and ears' of owners - what are your responsibilities?

7. What critical issues do asset managers face or address?

8. Do you also get involved when a project is still under development or construction?

Asset Manager's responsibility is to assist hotel owners/developers in realizing their investment goals. Therefore, it is their responsibility to provide accurate and professional services to guide developer/owners in the complex process of planning and ensuring a suitable return on investment is made. At the same time, asset manager often supervise the hotel pre-opening, support the development of new operations and then, provide the conventional long-term asset management. We also get involve with renovations, takeover and acquisition supports, supervision of mixed-used development, and assistance for fractional ownership (e.g. sale of apartments or villas). Branded residences are unique when it comes to real estate sales. While the large operators have specific brand requirements, the actual sale remains the primary responsibility of the developer/owners. Therefore we had to adapt and undertake this alternative support role of coordinating sales and act as consultants throughout the project until the completion of the sale.