Hospitality asset management
Your hotel is open and the operator is running it. Amit makes sure it is run for you: on budget, against the market, and in line with the contract you signed.
- Monthly performance and budget reviews
- Operator contract compliance
- Capex planning and value growth
- Owner-side only
- Paid by hotel owners, never by brands or vendors
- 100+ hotel projects
- Advised across India
- 50+ hotel brands
- In Amit’s working network
- 40+ cities
- From metros to tier 2 and 3 markets
What hospitality asset management is
Once a hotel opens, the owner usually steps back and the operator takes over. Every month a profit and loss statement arrives, often long and full of departmental detail, and the owner is asked to approve budgets, capital spending and sometimes changes to the team. Most owners do not have the time or the hotel experience to test what they are being shown.
A hospitality asset manager does that on the owner’s behalf. Amit reviews the hotel’s performance every month against its budget, its competitors and the terms of the management agreement, asks the operator the questions the owner would ask if they had the time and expertise, and recommends actions that improve the asset’s value. It is the same role that institutional hotel investors employ internally, made available to individual owners and families.
What the service covers
- Monthly review Revenue, occupancy, average rate, RevPAR, costs and profit against budget and last year, with commentary.
- Market comparison Your hotel’s share of its competitive set, and where it is gaining or losing.
- Budget process Challenge and approval of the operator’s annual budget and business plan.
- Contract compliance Fees, centralised charges and performance tests checked against the management agreement.
- Cost control Payroll, energy, F&B costs and maintenance benchmarked against comparable hotels.
- Capital planning A long-term plan for renovations and replacements, so the hotel does not age suddenly.
- Owner meetings Quarterly meetings with the operator, prepared and chaired with the owner.
- Strategy Repositioning, rebranding, refinancing or sale, when the time is right.
When owners need asset management most
Some owners bring Amit in from the first day of operations, to set the tone with the operator. Others call when something feels wrong: profit is below the feasibility projection, the operator keeps asking for more capital, the general manager has changed three times, or the hotel has fallen behind a newer competitor.
In either case the first step is a performance review: a close look at the last twelve to twenty-four months of results, the budget and the contract, and a visit to the hotel. Owners usually come away with a short list of specific issues, from pricing and distribution to payroll and procurement, and a plan to raise them with the operator.
A constructive relationship with the operator
Good asset management is not about fighting the operator. Most operators welcome an informed owner’s representative, because decisions get made faster and disagreements are about facts rather than feelings. Amit’s operating background helps: he understands the pressures a general manager faces, and he knows which questions are fair.
Capital planning: keeping the hotel young
Every hotel ages, and the operator’s annual budget rarely looks more than a year ahead. Without a long-term plan, owners face sudden, large requests for capital when rooms start to look tired or a major system fails. Asset management adds a five to ten-year capital plan that sets out when soft furnishings, bathrooms, kitchens, lifts, air-conditioning and facades will need attention, and roughly what each will cost.
With that plan in hand, owners can build a reserve fund, time renovations for the quieter months, and judge whether a proposed project will earn its cost back through higher rates or occupancy. It also strengthens the owner’s hand in conversations with the operator, because spending decisions are made against a shared plan rather than in response to the latest complaint.
Hotels Amit has advised
Every tag is a real hotel. Sarovar, Clarks, Lemon Tree and more, across six states.
What is the difference between hotel management and asset management?
The hotel manager, usually the operator, runs the hotel day to day. The asset manager represents the owner, making sure the hotel is run in the owner’s interest and the investment grows in value.
Is asset management only for large hotels?
No. The service is scaled to the hotel. Smaller hotels may need a quarterly review rather than a monthly one.
Can you help if my hotel is losing money?
Yes. A performance review will show whether the issue is the market, the positioning, the operator, the costs or the contract, and what can realistically be done about each.
How is asset management priced?
Usually as a monthly retainer agreed in advance, sometimes with an incentive linked to improvements in the hotel’s profit.
Can you help me sell or refinance my hotel?
Amit can advise on timing, valuation drivers and preparing the hotel for sale or refinancing, and work alongside your transaction advisers and bankers.
Explore hotel consultancy
Every service and guide on this site, grouped by what you need.
Services
Consultants for every stage
Advisory
Tell Amit about your hotel project
Amit reads every enquiry himself and replies within one working day.
- Owner-side only: no fees from brands or vendors
- First conversation is free and confidential
- Your details are never shared with brands without your consent