Asset Management

As asset manager, Columbia Hospitality’s role is to ensure that ownership's objectives and goals receive first priority. To achieve this we act as the owner's agent, working directly with the management company or onsite team to provide oversight on all facets of property operation. This can include:

  • Annual operating budget review
  • Monthly income statement and balance sheet review
  • Evaluating operational effectiveness and concept viability
  • Reviewing market penetration and competitive set metrics
  • Evaluating sales and marketing strategies and tactics
  • Capital improvement recommendation and budget review
  • Asset protection and risk management evaluation

Asset Management arrangements can provide peace of mind to ownership. They can also improve RevPAR and market penetration, increase property valuation, enhance guest service, and improve team member retention. Columbia Hospitality has experience working with both private and public ownerships, as well as branded and independent operations.

Columbia Hospitality

2200 Alaskan Way, Suite 200
Seattle, WA 98121
Map & Directions

Phone: 206.239.1800
Fax: 206.239.1801
info@columbiahospitality.com

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