Asset managers play an important role in the hotel industry by representing the interests of owners and ownership groups and bridging the gap between financial interests and operations. But the discipline also remains poorly understood by people who aren’t familiar with the work asset managers do.
Because of that disconnect, Hotel News Now has decided to take a look at the discipline of asset managing in the hotel industry this year in a five-part, bimonthly series, covering topics like how the discipline started, what needs to happen for it to grow, what issues asset managers see in the industry.
Here’s a look at what we’ve covered so far:
How asset management evolved to balance owners, brands
In the early days of asset management in the hotel industry, owners and brands were much more adversarial, sources said. But growth of the discipline has helped owners win a bigger seat at the table.
Talent pool, geography of asset management could grow
Top practitioners of hotel asset management believe the discipline is poised for growth going forward as a clearer career path is defined and better tools emerge. Read More
Asset managers on M&A, OTAs and other expenses
Asset managers share their perspectives and approaches to different issues affecting the hotel industry, including M&A activity, OTAs and controlling expenses. Read More
Hotel asset management unique among real estate classes
Because hotels are so operations-heavy, asset management in the industry has challenges not seen in other forms of real estate investment, sources said. Read More