Bob has years of experience in Asset Management on topics such as:
Property Research
- Reviewing historical financial information, annual budget package and marketing plan(s)
- Assessment of market and competition issues
- Reviewing management agreement(s)
- Conducting meetings with property team members to understand focus and direction, and issues at the property level
- Summary report(s)
Monthly Reporting
- Monthly review and analysis of hotel operations and financial statements, budget and capital improvement reviews(s)
- Sales and marketing evaluations
- Reviewing unbudgeted expense requests
- Reviewing third party contracts, leases, and concession agreements
Annual Reporting
- Annual business plan preparation custom made to the owner’s needs including historical performance, forecasts, capital expenditures, budgets, market summary, capital account summary, and return analysis