Travertine hotel lobby lit by a single brass pendant

02: Pillar

Asset & Revenue Management

The layer between ownership and operation: translating daily operating performance into asset value.

Discipline

A hotel pro forma is an operating hypothesis with a cap rate attached. Asset management is the practice of holding the operation to that hypothesis, department by department.

Work

  • Inventory and allocation strategy
  • Pricing, upgrade logic and premium inventory
  • Departmental P&L and NOI discipline
  • Owner reporting and performance review
  • Valuation, cap rate and exit positioning