hotel asset management

/Tag: hotel asset management

hotel asset management

3 Important Reasons Why Hotel Asset Managers Have Become Such Hot Property

Fred Novella | March 13, 2019

By Fred Novella Hotel asset management is a booming profession. Thanks to the increasing complexities of today's hospitality market where disruptors seemingly turn up out of nowhere and operators consolidate at a fast rate – it is easy to understand why. Indeed, given the volatility in the travel market many hotel owners would no longer take the risk of entering a relationship with a hotel operator without the ongoing support of a hotel asset manager. Employed by the asset owner, the role of a hotel asset manager is to ensure a property reaches its full potential so that it can create increased returns in the long term or be sold ...

Evolution Of Asset Management In India’s Hotels

Hotelivate Private Limited | April 25, 2018

Not too long back, hotel ownership and hotel management in Asia were like Siamese twins – co-joined at birth, despite being distinctly different from each other. Four domestic chains largely dominated the hotel ownership landscape – IHCL (Taj), EIH (Oberoi) and ITC (ITC Hotels, WelcomHotel) and the government-owned ITDC (Ashok). Most of these started as a single hotel entity but thereafter grew organically and, in the fullness of time, some of these companies have been able to create enviable brands that have the strong recall at a global level. However, business was carried out via a rather linear equation wherein the ownin...

Hospitality Asset Managers Association (“HAMA”) Names 2018 Board of Directors

HAMA | January 16, 2018

ATLANTA, Ga., January 16, 2018—Officials of the Hospitality Asset Managers Association ("HAMA") today announced their new board of directors for 2018. Recently appointed at the group's semi-annual conference, the new members include: CHMWarnick's Maxine Taylor as president Three Wall Capital's Tim Dick as vice-president Fulcrum Hospitality's Larry Kaminsky as secretary Host Hotels & Resorts' Christopher Ostapovicz as treasurer Pinnacle Advisory Group's Matthew Arrants as marketing chair hotelAVE's Kim Gauthier, CHAM (Certified Hotel Asset Manager), as head of the education chair CHMWarnick's Larry Trabulsi as head of t...

China – Hotel Asset Management in Numbers

Daniel J Voellm | December 28, 2017

By Daniel J Voellm ABSTRACT A period of irrational hotel development drive by ulterior motives has seen properties being built that are not economical in operations, use of real estate and ultimately investment. The industry must depart from its obsession with full-service hotels and embrace more realistic investment criteria, should hotels ever become a trading asset class with reasonable liquidity, attracting investors from around the globe. Controlling labor cost is paramount and too many properties cannot drive sufficient business to justify their expenses. Most hotels are too large, both in number of units and gross floor area and ...

Fulcrum Hospitality LLC Appoints Veteran Hospitality Leader as Executive Vice President

Fulcrum Hospitality LLC | May 27, 2016

Prominent lodging industry expert Larry Kaminsky has joined Fulcrum's senior leadership team. New York, NY June 1, 2016 – This morning, Fulcrum Hospitality LLC ("Fulcrum") announced the appointment of hospitality industry veteran Larry Kaminsky to its senior leadership team as Executive Vice President. Mr. Kaminsky brings a 20-plus year background in hotel asset management and finance to Fulcrum's existing team of hospitality executives, and furthers Fulcrum's mission of dedicating senior-level leaders on every one its respective hotel engagements. Mr. Kaminsky was formerly the Senior Vice President of Asset Management at LaSalle ...

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