Who can do it?
An asset manager needs experience on both the investment and hotel
side to be able to balance the interests between owner and operator and maintain a successful relationship with both. Diplomatic skills are a must, communication skills vital, and organizations skills fundamental.
An owner should search for an asset manager with these combined skills and then can rest assured. What follows then is long-term planning and the drive of protability with minimal cost impact as well as optimized asset value and appropriate exit strategy.
Irene Zijlmans Partner Tempo Hospitality Consulting www.tempo-hospitality.ch