This month's Seat At The Table looks at how asset management has evolved over the years and Jonathan asks if asset management is seen as much more than a grudge purchase or necessary evil, insisted on by lenders, tolerated by owners and resented by operators?
There is a lot to discuss and a lot to analyse. What does the role involve, who are the key stakeholders, who analyses the use of the assets to maximise efficiency?
It is agreed the main function of an asset manager’s role is to unlock the value of the business but how does the asset manager bridge both operations and real estate investment?
This is the first of a two-part episode diving into all aspects of the function.
In this episode we discuss value of the asset management role, the owner, brand, operator relationship in asset managing as well as assessing the value of the assets themselves.
Don’t miss the second part where we dive into how best to measure the efficiency of the assets and how to enhance recovery through better relationships and learnings.
This month's panel was hosted by Jonathan Langston and Julie Rey-Gore with guests:
Milan Arandelovic, COO Hotel Division, Aroundtown
Laura Brinkmann, VP Real Estate, Brookfield Asset Management
Elias Hayek, Partner, Head Global Hospitality & Leisure, Squire Patton Boggs
Jay Rosen, CFO, The Red Sea Development Company
Jan-Willem Terlouw, Director of Development Finance, Westmont
Elie Younes, Executive VP, CDO, Radisson