Global Asset Solution is the Leading Hotel Asset Management Company serving Asia Pacific and Middle East
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ASSET MANAGEMENT & STRATEGIC ADVISORY
OPERATOR
OWNER
Operate and Receive Various Fees
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Expand Geographical Footprint
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Maximize Revenue & Real Estate Value
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Maintain & Improve Physical Asset
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Increase Real Estate Value
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Maximize Cash Flow Returns
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Control Capital Expenditures
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Monitor Operation Pressure to Deliver
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Check Management Contract Compliance
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OUR MISSION
'BRINGING THE TRIANGLE CLOSER TOGETHER'
OWNER
ASSET
OPERATOR
PROCESS
Full Oversight of the Operation
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Maximizing the Investment
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COUNTERBALANCE THE OBJECTIVE
'FOCUSING ON OWNERSHIP OBJECTIVES'
WHY HOTEL ASSET MANAGEMENT?
'SIMPLE BUT CRITICAL QUESTIONS FOR HOTEL OWNERS'
- Does your hotel get its fair share of the fast growing online business?
- Does the revenue team effectively apply yield management principles?
- Are you aware of the key cost positions and how they are managed?
- Could you tell whether guest satisfaction went up or down recently?
- Do managers have specific and stretching targets? Do they deliver?
- Is employee satisfaction and retention taken seriously? Is it measured?
- Are you convinced that the maintenance plan is really adhered to?
- Do you feel prepared to challenge your operator in budget reviews?
POTENTIAL CONSEQUENCES WITHOUT ASSET MANAGEMENT
'SUBSTANTIAL RISKS FOR HOTEL OWNERS - PHYSICAL & FINANCIAL'
- Lacking transparency and control of revenue, cost and operations management, and
hence your property’s value
- Unbalanced, short term focused management approach
- Increased renovation costs due to poor maintenance
- Mismanagement of Capital Investments
- Operation holding large amounts of cash and inventory
- Operation withholding facts
- Brand building on the owner’s expense
- Partial compliance with management agreement