Please match the stages of the HOTEL ASSET MANAGEMENT CYCLE:

The steps in the Role of Asset Manager in site selection are to:

While renovation is essential, hotels should start strategic planning of refurbishment/renovation during the peak performance phase, to achieve long-term sustainability.

Which step is NOT considered by the asset manager when acquiring an existing property:

The hotel asset manager can NOT decide on the Capital Expenditures and Budgeting of the asset.

Asset

managers need to:

Today the role of asset managers is to help and guide the ownership through the complete lifecycle of an asset, from acquisition to disposition.

Under which stage of the Hotel Investment Life Cycle Management, TIMING is the most important factor to satisfy most owners´ goals?

Some of the BENCHMARKS OF ASSET MANAGEMENT PERFORMANCE are: