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the role of a hotel asset manager in securing a management contract Hotel asset managers play a vital role in helping owners find the right partner to manage their property when the owner does not have the expertise to select the right partner the hotel asset manager steps in providing professional guidance based on their experience and industry contacts the hotel asset manager is responsible for securing the most beneficial management contracts in the process of securing management contract asset manager is taking steps that include a feasibility study this study is necessary to measure market competitiveness and determine proper hotels positioning next asset manager selects hotel operators brands that suit the hotel and prepares a request for proposal after thats done the asset managers start negotiations on the commercial terms of the future contract once the negotiations are over a Memorandum of Understanding should be signed this is also a responsibility of asset manager to ensur
