The aim of the course is to challenge the status quo of the hotel industry and optimize the return on investment turning the hospitality market into a market leader.

Fixed and physical assets in hotels comprise a large portion of the company’s holdings, and proper asset management and maintenance is critical to remaining compliant and meeting various hospitality industry standards.
The process of evaluating and monitoring an enterprise requires a different set of skills besides finance and accounting that include amongst others, leading, developing, coaching, and mentoring people.
The program is interactive and enables participants to improve their ability to lead effectively by challenging their experience, analyzing different concepts, sharing insights, and testing their assumptions in general about hospitality industry management and leadership.

At the end of the program participants will be able to:

  • Identify the exact role of the Asset Manager and the Asset Management Process
  • Recognize how to implement Hotel Asset Management to Hotel Operations
  • Practice how to intercept with Real Estate and the Physical Asset
  • Construct Contracts and Legal Aspects
  • Compose Financial Analysis and Benchmarking
  • Justify investment decision criteria
     
Who Should Attend
  • Hotel general managers,
  • Hotel operators and operation Managers,
  • Hotel owners and/or their representatives,
  • Directors in the tourism industry and hospitality services.
     
About the lecturer

Peter Alatsas is a veteran hotelier with over 30 years of experience in the hospitality industry. He has been associated with Fairmost Hotels and Resorts (CP Hotels) in Toronto and Montreal, Marriott International hotels in Washington DC, Dayton, Athens, and Tampa and Starwood Hotels and Resorts (recently acquired by Marriott International) serving in a number of senior international management postings in Asia-Pacific, the Middle East and Europe.
Peter's Hotel General Management postings include; Bangkok, Brunei, Bali, Jeddah, Tokyo, Shanghai, Kyoto, Dubai, Athens, Costa Navarino and Vice President, Six Sigma Starwood Hotels and Resorts Asia-Pacific Division Singapore.
Peter is regularly asked to opine on the business issues and managers challenges of the day and have guest lectured at various institutions including, Kyoto and Ritzsmeikan Universities in Japan, Drexel University in Philadelphia, DEREE American College in Athens, International Fashion Academy, Jiao Tong, Fudan Universities and Swiss Les Roches hotel school in Shanghai.

TOPICS ON THE AGENDA

  • Operations performance reviews
  • Benchmarking and best practices
  • Review of staff capability, qualifications and performance
  • Strategic Planning in hotel operations
  • Sales & Marketing plan monitoring and advisory
  • In-Class Exercise