asset management
Hotel Assets: The Dark Horse in Real Estate Investing
Dancong 'Dannie' Li | October 21, 2024
By Dancong 'Dannie' Li , Jingjianxiong 'Charlie' Shi , Monique Rosszell Introduction Once considered the 'underdog' in the world of real estate investing, the hotel sector has experienced a remarkable resurgence over the past decade, with a particularly significant upturn since 2021, driven by the surge of pent-up demand resulting from the pandemic. Hotels were often perceived as risky investments due to their seasonality and reliance on short-term leases (i.e., daily rentals). In comparison, the multifamily and office sectors have often been considered safer real estate investments due to the stability of rental income, their resilien...
Hospitality Asset Managers Association (HAMA) Releases Fall 2024 Conference Industry Outlook Survey Results
HAMA | October 15, 2024
LA JOLLA, Calif., Oct. 15, 2024—The Hospitality Asset Managers Association (“HAMA”) today announced the results of its Fall 2024 Industry Outlook Survey. The semi-annual report conveyed the latest opinions, experiences and predictions of nearly 70 hotel asset managers on topics ranging from budget forecasts to management company outlooks. Conducted in conjunction with HAMA'S 2024 Annual Fall Meeting that was held in La Jolla, Calif., the results were presented to media live with a concluding Q&A session via online conferencing. In total, 65 asset managers, comprising approximately one-third of membership, participated in the...
Asset Management & Hotel Service Optimization Takes Center Stage at HVMG’s First Engineering Conference
OpsTechPro | September 24, 2024
OpsTechPro addresses chief engineers on the vital role its technology is playing in operational success and presents awards to top performing hotels successfully engaging with its solution PALM BEACH, Fla. — September 24, 2024 — This month chief engineers representing 56 hotels owned and operated by Hospitality Ventures Management Group (HVMG) met for the first time at the company’s inaugural Engineering Conference in St. Augustine, Fla. Spearheaded by VP of Engineering Jamison Conrey, the event provided critical education on the role today’s engineers are playing and how their performance is impacting operations, guest satisfact...
Hospitality Asset Managers Association (HAMA) Opens 2024 Student Case Competition
HAMA | August 12, 2024
More than 40 Undergraduate and Graduate-Level Programs Invited to Participate NEWTON, Mass., Aug. 12, 2024—Officials of the Hospitality Asset Managers Association (“HAMA”) today announced that it has now accepting submissions for the 19th Annual HAMA Student Case Competition. Participating students from more than 40 undergraduate and graduate programs nationwide are given a return on investment scenario to analyze and formulate a recommendation to improve the business. This year, HAMA has partnered with HotStats for benchmarking data and LARC for a market forecast of Boston. These industry leading firms have provided critical rep...
How the Right Asset Management Firm Helps Optimize Hotel Investments
Kasia Russell | June 27, 2024
When implemented effectively, partnering with the right asset management firm can help maximize investor returns and real estate property values. Asset management is particularly important in this post-pandemic environment where macroeconomic conditions are in constant flux, geopolitical issues continue to intensify, and domestic monetary policy has considerable implications for real estate wealth management. These factors present both challenges and opportunities; however, without the proper analysis and expert tactics of skilled asset managers, risk becomes more difficult to anticipate and opportunities more challenging to harness. The ...
Twin Bridges Hospitality to Asset Manage Two New Hotels in New York City
Twin Bridges Hospitality | October 31, 2023
HOUSTON, TX (October 31, 2023) — Twin Bridges Hospitality has been appointed asset manager for two new hotels which opened October 12th in New York City: Home2 Suites by Hilton New York Times Square and Hampton Inn by Hilton New York Times Square. Jillian Katcher, President of Twin Bridges Hospitality, says "We are excited about the continued expansion of our asset management portfolio with our first properties in New York City. Our non-traditional approach to the business has been incredibly well received and we look forward to growing our collection throughout the US." This brings the total number of properties currently managed by ...
Hospitality Asset Managers Association (HAMA) Releases Fall 2023 Conference Industry Outlook Survey Results
HAMA | October 2, 2023
NEW ORLEANS, October 2, 2023—The Hospitality Asset Managers Association (“HAMA”) today announced the results of its Fall 2023 Industry Outlook Survey. The semi-annual report updated the opinions, experiences and predictions of nearly 80 hotel asset managers from the earlier spring conference survey with a focus on budgetary predictions and potential causes of industry concern. Conducted in conjunction with HAMA'S 2023 Annual Fall Meeting that was held in New Orleans, the results were presented to media live with a concluding Q&A session via online conferencing. In total, 77 asset managers, comprising app...
MDO Plans Night Auditor Appreciation Day for May 18
MDO | May 4, 2023
MDO invites hoteliers to participate in #NightAuditorAppreciationDay by sharing stories, photos and messages of appreciation for night auditors. BETHESDA, MD., May 4, 2023 – myDigitalOffice (MDO), the world's fastest-growing hotel performance management platform, is excited to announce the creation of Night Auditor Appreciation Day, to be celebrated annually on May 18. This day is dedicated to recognizing and honoring night auditors at hotels across the country for their tireless efforts and crucial role in holding hotel operations together. As unsung heroes, night auditors work behind the scenes, ensuring a smooth experience for guests ...
