(eCornell) Asset Management Process and Plan
About This Course
In this course, you will develop an understanding of how hospitality real estate fits into a typical owner's investment portfolio and articulate how your property contributes to the overall ownership investment strategy and goals. You will examine the different approaches to the asset manager role, which often depends on the ownership and property needs. You will determine how the asset manager who works with your property functions in their role. You will review the typical design and contents of an asset management plan and analyze the strengths and weaknesses of your hotel from the asset manager's perspective. By the end of this course, you will gain an understanding of the perspective of the hotel owner so you can more effectively collaborate with the owner and asset manager by closely aligning your hotel goals with the goals of ownership. The course is provided by eCornell in partnership with Genashtim.
What You'll Learn
Examine the styles of asset managers and develop a clear picture of the role of the asset manager associated with your property
Explore the typical asset management process and identify key strengths and weaknesses of your hotel that might fit into the asset management plan