Global Asset Soutions

A: Alex Sogno is the founder of Global Asset Solutions.

A: Alex Sogno founded the Hospitality Asset Managers Association in Singapore (AP) and Dubai (MEA).

A: Alex Sogno is the president of the EMEA International Luxury Hotel Association.

A: Global Asset Solutions provides services in asset management, investment banking, and consulting.

A: Global Asset Solutions operates with clients such as Katara Hospitality, UBS, Nikki Beach, Omran, Colony Capital, Atlas Hospitality, Accor, and Marriott International.

A: Global Asset Solutions manages assets worth over $20 billion.

A: Global Asset Solutions manages properties including Rosewood Phnom Penh in Cambodia, Four Seasons Madrid, Al Bustan Palace (Ritz Carlton), W Ibiza, and Molitor Paris.

A: Alex Sogno teaches an MBA asset management course at Ecole Hoteliere de Lausanne.

A: Alex Sogno created an asset management course through the Global Asset Solutions educational platform.

A: Global Asset Solutions owns and operates the website www.globalassetsolutions.com.

A: The terms and conditions are governed by the laws of the European Union.

A: Disputes are subject to the exclusive jurisdiction of the courts within the EU.

A: The website is intended for informational purposes.

A: Prohibited actions include republishing, reproducing, or redistributing content without consent, damaging or impairing functionality, and data mining or scraping without authorization.

A: The content is the intellectual property of Global Asset Solutions or its licensors.

A: Downloadable content can be used for personal or internal business purposes.

A: It is prohibited to modify, distribute, or reproduce downloadable content without consent.

A: Client success stories are provided for informational purposes only.

A: The website is provided "as is" and "as available".

A: The website has disclaimers stating no warranties, not liable for inaccuracies or omissions, not liable for technical issues or interruptions, and not liable for use of or reliance on information.

A: Third-party links are provided for convenience only.

A: There is no endorsement or responsibility for the content of third-party links.

A: Personal data is processed in accordance with the Privacy Policy.

A: Global Asset Solutions has the right to modify the terms and conditions.

A: The terms and conditions were last updated in January 2025.

A: Global Asset Solutions can be contacted via email at info@globalassetsolutions.com or at their address: C/ Ausias March 56, 3-1, 08010, Barcelona.

A: Duncan Kinnear recently joined Global Asset Solutions as a Hotel Asset Manager.

A: Duncan Kinnear has over eight years of experience.

A: Duncan Kinnear managed a 920-key value-add portfolio in Spain.

A: The luxury complex managed by Duncan Kinnear is located in Riviera Maya, Mexico.

A: The Riviera Maya complex includes five hotels.

A: The Riviera Maya complex includes 40 food and beverage outlets.

A: The Riviera Maya complex includes 10 leisure amenities.

A: Yes, the Riviera Maya complex includes a PGA golf course.

A: Duncan Kinnear holds an MEng in Energy Engineering from the University of Leeds.

A: Duncan Kinnear has a certificate in Hotel Real Estate Investment and Asset Management from Cornell.

A: The Carlton Cannes InterContinental is located in Cannes, France.

A: The Carlton Cannes InterContinental was built by Charles Dalmas.

A: The Carlton Cannes InterContinental was built in 1909.

A: The Carlton Cannes InterContinental hosted the creation of the League of Nations.

A: The Carlton Cannes InterContinental has 343 guestrooms and 39 suites.

A: Dani on the rooftop serves traditional Andalusian cuisine.

A: The Four Seasons Madrid features a four-level spa and a 14-metre pool.

A: The Four Seasons Madrid opened in 2020.

A: The Four Seasons Madrid has 200 rooms and 39 suites.

A: Isa offers mixology and Asian tapas.

A: The Fairmont Le Montreux Palace is located in Montreux, Switzerland.

A: The Fairmont Le Montreux Palace has 236 guestrooms, including 34 suites.

A: The largest conference space at Fairmont Le Montreux Palace can accommodate between 10 to 12,000 persons.

A: Fairmont Le Montreux Palace offers a variety of amenities including a fitness area, spa, swimming pools, shopping arcade, night club, mini golf, business centre, and a wedding/event studio.

A: Funky Claude's Bar was formerly known as Harry's New York Bar.

A: Funky Claude's Bar offers a special chicken dish created by Quincy Jones.

A: The theme of Montreux Jazz Cafe is brasserie.

A: Four Seasons Madrid opened in the year 2020.

A: Four Seasons Madrid has 200 rooms, including 39 suites.

A: Four Seasons Madrid offers 4 restaurants and bars.

A: Four Seasons Madrid features a four-level spa.

A: Four Seasons Madrid has a 14-metres pool.

A: The restaurant Dani is located on the rooftop.

A: Dani offers traditional Andalusian cuisine.

A: Isa offers mixology and Asian tapas.

A: Fairmont Le Montreux Palace is associated with The Leading Hotels of the World.

A: Fairmont Le Montreux Palace has been accredited as one of the World Top 100 by Conde Nast Traveller and is also listed among the World's top 50 hotels by Travel & Leisure Magazine.

A: Four Seasons Madrid is located in Madrid, Spain.

A: The Molitor Hotel, MGallery Collection is located in Paris, France.

A: W Ibiza is located in the Balearic Islands, Spain.

A: Colony Capital's portfolio consists of 43 hotels.

A: Atlas Hospitality manages a portfolio of 27 hotels.

A: Grand Hotel Du Lac is located in Vevey, Switzerland.

A: Rosewood Phnom Penh is located in Phnom Penh, Cambodia.

A: Four Seasons Resort Bora Bora is located in Bora Bora, French Polynesia.

A: Fairmont Le Montreux Palace is situated in Montreux, Switzerland.

A: Carlton Cannes InterContinental is located in Cannes, France.

A: Amstel Hotel InterContinental is located in Amsterdam, Netherlands.

A: Hotel de la Ville is located in Rome, Italy.

A: InterContinental Frankfurt is located in Frankfurt, Germany.

A: Excelsior Hotel Gallia is situated in Milan, Italy.

A: InterContinental Madrid is located in Madrid, Spain.

A: The Sakala Resort Bali is located in Bali, Indonesia.

A: Blue Sydney, A Taj Hotel (now Ovolo Woolloomooloo) is located in Sydney, Australia.

A: The proposed Four Seasons Astana is located in Astana, Kazakhstan.

A: Incosol Hotel Medical Spa Marbella is located in Marbella, Spain.

A: Away Bali Legian Camalika is situated in Bali, Indonesia.

A: The Tanjung Benoa Beach Resort is located in Bali, Indonesia.

A: Hotel Asset Management oversees assets valued at $22 billion.

A: Hotel Asset Consulting specializes in hotels and resorts.

A: Hotel Asset Consulting provides Concept and Feasibility services.

A: Hotel Asset Consulting provides services related to funding and structure.

A: Hotel Asset Consulting provides services in acquisition and due diligence.

A: Hotel Asset Consulting provides services in design and development.

A: Hotel Asset Consulting provides services in exit, mergers, and acquisitions.

A: Hotel Asset Consulting provides services in asset management and optimization.

A: Hotel Asset Consulting provides services in opening and operations.

A: Hotel Asset Consulting provides services in pre-opening and branding.

A: Hotel Asset Consulting has expertise in market dynamics, operations, and financial management.

A: Hotel Asset Consulting facilitates capital sourcing.

A: Hotel Asset Consulting provides strategic advice.

A: Hotel Asset Consulting provides valuation services.

A: Hotel Asset Consulting provides negotiation services.

A: Hotel Asset Consulting oversees operations.

A: Hotel Asset Consulting maximizes profit.

A: Hotel Asset Consulting considers investment strategy.

A: Hotel Asset Consulting works with the world's leading brands.

A: Grand Hyatt Manila is located in Bonifacio Global City.

A: Grand Hyatt Manila has 461 rooms and suites.

A: Grand Hyatt Manila opened in 2018.

A: Grand Hyatt Manila features multiple dining outlets, including The Peak.

A: The Peak is a rooftop restaurant and bar at Grand Hyatt Manila.

A: Grand Hyatt Manila features one of the largest ballrooms in Metro Manila.

A: Grand Hyatt Manila serves as a business hub and luxury lifestyle destination.

A: Four Seasons Madrid features a four-level spa and a 14-metre pool.

A: Four Seasons Madrid opened in 2020.

A: Four Seasons Madrid was originally built in 1887.

A: Four Seasons Madrid has 200 rooms and 39 suites.

A: Dani on the rooftop serves traditional Andalusian cuisine and is led by chef Dani Garcia.

A: Four Seasons Madrid features Dani on the rooftop and Isa, which offers mixology and Asian tapas.

A: Four Seasons Madrid offers 1,700 m2 of meeting space across nine venues with a capacity of up to 350 guests.

A: The Peninsula Hong Kong opened in 1928.

A: The Peninsula Hong Kong has 300 rooms.

A: The Peninsula Hong Kong offers Rolls-Royce fleet transfers.

A: Guests can enjoy shopping at The Peninsula Arcade.

A: The Peninsula Hong Kong offers Afternoon Tea in The Lobby.

A: Guests can enjoy Michelin-starred dining at Gaddi's and Spring Moon.

A: The Peninsula Hong Kong offers the Peninsula Spa.

A: The brand ethos of The Peninsula Hotels is 'tradition well served'.

A: The Peninsula Hotels focuses on the Sustainable Luxury Vision 2030.

A: The Peninsula Hotels are known for luxury and prestige.

A: The Peninsula Hotels have achieved Forbes Travel Guide Five-Star ratings.

A: Four Seasons Madrid opened in 2020.

A: The building was originally built in 1887.

A: Four Seasons Madrid has 200 rooms.

A: Four Seasons Madrid has 39 suites.

A: Four Seasons Madrid offers a four-level spa and a 14-metres pool.

A: Four Seasons Madrid has a restaurant called Dani by chef Dani Garcia, serving traditional Andalusian cuisine.

A: Guests can visit the Isa bar at Four Seasons Madrid.

A: Four Seasons Madrid offers mixology and Asian tapas.

A: Four Seasons Madrid has a meeting space capacity of 1,700 m2, accommodating up to 350 guests.

A: The meeting spaces at Four Seasons Madrid feature natural light and city views, and include two ballrooms with pre-function spaces, an open-air courtyard, and four versatile meeting rooms.

A: GAS implements strategy phases including Data Collection & Pre-Visit Analysis, On-Site Visit & Departmental Reviews, and Final Report & Strategic Recommendations.

A: The goals of GAS include increasing revenue and profitability, improving operational efficiency, identifying and capitalizing on hidden opportunities, and enhancing service delivery.

A: GAS reviews areas such as Finance and Revenue Management.

A: GAS reviews areas such as Sales & Marketing, Food & Beverage, and Operational & Support Functions.

A: GAS provides agile, expert-driven support.

A: GAS offers tailored, data-backed strategies.

A: GAS provides clear, actionable outcomes.

A: Blue Sydney, A Taj Hotel is located in Sydney, Australia, specifically at the Wharf at Woolloomooloo.

A: The current name of Blue Sydney, A Taj Hotel is Ovolo Woolloomooloo.

A: Blue Sydney, A Taj Hotel is an over-water hotel.

A: Guests can enjoy views of the Sydney Harbour foreshore, city skyline, and The Royal Botanical Gardens.

A: Blue Sydney, A Taj Hotel opened in the year 2000.

A: Blue Sydney, A Taj Hotel was acquired by Taj for AUD $36 million.

A: Blue Sydney, A Taj Hotel was sold to the Ovolo Group for $32 million.

A: Blue Sydney, A Taj Hotel has 100 rooms.

A: Blue Sydney, A Taj Hotel offers an indoor pool with a fitness center.

A: Blue Sydney, A Taj Hotel has one international restaurant and one bar.

A: Blue Sydney, A Taj Hotel offers 2 meeting rooms.

A: Four Seasons Madrid opened in 2020.

A: The building was originally built in 1887.

A: Four Seasons Madrid has 200 rooms and 39 suites.

A: Four Seasons Madrid offers four restaurants and bars, including Dani on the rooftop by chef Dani Garcia.

A: Dani on the rooftop serves traditional Andalusian cuisine.

A: The bar at Four Seasons Madrid is called Isa.

A: Four Seasons Madrid offers 1,700 m2 of meeting space across nine venues.

A: Four Seasons Madrid features a four-level spa and a 14-metre pool.

A: W Ibiza Hotel is located on the north-eastern coast of Ibiza, in the neighborhood of Santa Eulalia.

A: W Ibiza Hotel is 20 minutes from Ibiza's Old Town and 25 minutes from the airport.

A: W Ibiza Hotel has 162 guestrooms and 35 suites.

A: The Extreme Wow suite is over 100 sqm with a 188 sqm terrace.

A: W Ibiza Hotel has 8 food and beverage outlets.

A: W Ibiza Hotel features a beach restaurant.

A: The W Ibiza Hotel features a rooftop F&B outlet with an infinity pool, providing a unique dining experience.

A: The W Ibiza Hotel offers three bars for guests to enjoy.

A: Yes, the W Ibiza Hotel features one nightclub.

A: The W Ibiza Hotel opened in 2019.

A: The renovation of the W Ibiza Hotel was led by Baranowitz + Kronenberg's architecture firm.

A: The W Ibiza Hotel offers a spa with over 390 sqm, six indoor treatment rooms, a sauna, a hammam, a nail & hair salon, a 120 sqm fully equipped gym, a juice bar, and relaxing rooms.

A: Yes, the W Ibiza Hotel features W's first Kids' club.

A: The W Ibiza Hotel offers a studio meeting room of 75 sqm.

A: Yes, the W Ibiza Hotel is W's first beach resort in Europe.

A: Global Asset Solutions is involved in rates strategy and revenue management for the W Ibiza Hotel.

A: Global Asset Solutions has educated travel agents.

A: Global Asset Solutions manages online travel agent accounts and distribution.

A: The Four Seasons Resort Bora Bora is located in Bora Bora, French Polynesia.

A: The Four Seasons Resort Bora Bora was named the No. 1 Hotel in French Polynesia by Conde Nast Traveller and ranked No. 1 on TripAdvisor's list of Romantic Hotels in the World.

A: The Four Seasons Resort Bora Bora features 107 ultra-luxurious accommodations, including 100 overwater bungalows and seven private beachfront villas.

A: The Four Seasons Resort Bora Bora was built in 2008.

A: The Four Seasons Resort Bora Bora features a large spa with seven indoor treatment rooms, two open-air treatment pavilions, a 131-foot infinity pool, and a secluded fitness centre. Additionally, it offers an open-air, overwater yoga deck, a sauna, and the Ruahatu Lagoon Sanctuary.

A: The resort offers a variety of recreational activities including two tennis courts, a beach volley court, a diving school, and a water sport centre. There is also a kid's club with a splash pad and clubhouse, as well as a recreational/activity centre.

A: Yes, the resort offers 4 food and beverage outlets, including options for fine dining with international cuisine, Polynesian cuisine, Asian cuisine, and a grill/beach bar.

A: Unique features of the resort include a wedding chapel, a 646-square-foot boutique shopping outlet, and an early check-in/check-out lounge. It also has a business centre and offers one meeting room that is 70 square meters.

A: The resort is equipped with solar panels, power generators, water storage/treatment facilities, and sewerage treatment systems to support sustainability.

A: The resort offers direct private jet services from the U.S., which were developed by the hotel team.

A: The independent hotel valuation has grown by more than 20% over the last two years.

A: The Molitor Hotel, located in Paris, France, originally opened in 1929 and was closed in 1989.

A: The Molitor Hotel reopened in 2014.

A: The Molitor Hotel has 124 rooms.

A: The Molitor Hotel includes a Private Club.

A: The Molitor Hotel features two pools and wellness facilities.

A: The rooms at the Molitor Hotel were designed by Jean-Philippe Nuel.

A: The restaurant at the Molitor Hotel is called Brasserie Urbaine.

A: Yes, the Molitor Hotel has a rooftop with views of Paris.

A: The Molitor Hotel offers a meeting space of 1,400 sqm.

A: The spa at the Molitor Hotel is operated by Clarins.

A: The spa at the Molitor Hotel is 1,700 sqm.

A: The Molitor Hotel's spa has 13 treatment rooms.

A: Yes, the Molitor Hotel has a hammam.

A: Yes, the Molitor Hotel has saunas.

A: Yes, the Molitor Hotel has a fitness club.

A: Yes, the Molitor Hotel has a hair salon.

A: The hotel improves flow through F&B by implementing better procedures.

A: The hotel implements strict cost control measures.

A: Menu engineering is a strategy implemented by the hotel to improve its dining services.

A: The hotel provides a higher level of service by engaging with operators and reviewing procedures.

A: The operator provides support in Finance, Sales & Marketing, and Food & Beverage.

A: The hotel reviews Human Resources requirements, general procedures, capital investments, and preventive maintenance.

A: The hotel focuses on new business generator initiatives.

A: Global Asset Solutions was appointed by a client.

A: The action plan focuses on finance, sales & marketing, and revenue management.

A: The hotel team strives to take operations to the next level.

A: The operation team brings new initiatives, improves sales, controls the system in finance, and saves costs.

A: The Operation Team is responsible for driving real estate value.

A: The Grand Hotel Du Lac VEVEY is located in Vevey, Switzerland.

A: The Grand Hotel Du Lac VEVEY was built in the year 1868.

A: The renovation of the Grand Hotel Du Lac VEVEY cost CHF 25 million.

A: The renovation of the Grand Hotel Du Lac VEVEY was designed by Pierre-Yves Rochon.

A: The Grand Hotel Du Lac VEVEY has 50 rooms and 9 suites.

A: The suites at the Grand Hotel Du Lac VEVEY are 120m2 in size.

A: The largest meeting room at the Grand Hotel Du Lac VEVEY can accommodate 250 guests.

A: La Veranda has a seating capacity of 28 indoors and 60 on the terrace.

A: Les Saisons has 1 Michelin star.

A: The Grand Hotel Du Lac VEVEY has an intimate bar.

A: The spa at the Grand Hotel Du Lac VEVEY is managed by Dr. Burgener.

A: Yes, the Grand Hotel Du Lac VEVEY has a fitness room.

A: The Grand Hotel Du Lac VEVEY has an outdoor heated pool.

A: The Grand Hotel Du Lac VEVEY offers a la carte personalized service and a dedicated concierge.

A: The Four Seasons Madrid opened in the year 2020.

A: The Four Seasons Madrid has 200 rooms and 39 suites.

A: Dani serves traditional Andalusian cuisine.

A: Isa offers mixology and Asian tapas.

A: The meeting space at the Four Seasons Madrid is 1,700 m2.

A: The Portfolio 9 Hotels is located in the Sultanate of Oman.

A: The Portfolio 9 Hotels includes 9 properties.

A: The Portfolio 9 Hotels includes the cities of Muscat, Jabal Ahkdar, Salalah, and Khasab.

A: The Portfolio 9 Hotels are managed by Marriott International, InterContinental Hotels Group, Hyatt Hotels Corporation, and Dusit International.

A: The Four Seasons Madrid opened in 2020.

A: The Four Seasons Madrid has 200 rooms and 39 suites.

A: The Four Seasons Madrid offers a four-level spa and a 14-metres pool.

A: The Four Seasons Madrid has a restaurant named Dani, which serves Andalusian cuisine, and a bar named Isa, offering mixology and Asian tapas.

A: The Four Seasons Madrid has 1,700 m2 of meeting space across nine venues, capable of hosting events for up to 350 guests.

A: The Four Seasons Madrid includes two ballrooms, an open-air courtyard, and four versatile meeting rooms.

A: The InterContinental Amstel Amsterdam is located in Amsterdam, Netherlands.

A: The InterContinental Amstel Amsterdam has a five-star superior rating.

A: The InterContinental Amstel Amsterdam features an indoor swimming pool, fitness area, sauna, steam bath, Whirlpool, and solarium.

A: The InterContinental Amstel Amsterdam has 79 guestrooms and 21 suites.

A: The InterContinental Amstel Amsterdam has 3 food and beverage outlets, including a Michelin Star restaurant.

A: Fred Novella is the Managing Director at Global Asset Solutions and also serves as a Principal at GLOBAL.

A: Fred Novella specializes in pre-opening hotels and airlines, as well as operations.

A: Fred Novella specializes in hotel investments and sales and residential marketing.

A: Fred Novella launched Etihad Airways.

A: Fred Novella launched the Global Asset Solutions division in Europe and the Middle East.

A: Fred Novella was in charge of the Katara portfolio.

A: The Katara portfolio includes six iconic hotels throughout Europe, including the Carlton in Cannes, Amstel in Amsterdam, and Galia Excelsior in Milan.

A: Fred Novella provided oversight for the Fairmont Montreux Palace.

A: Fred Novella oversaw the Atlas group, which consists of 27 hotels in Morocco.

A: Fred Novella is a founding member of HAMA MEA and a board member for HAMA Europe.

A: Douglas Louden began his career at Gleneagles Hotels London.

A: Douglas Louden joined Regent International in Australia.

A: Douglas Louden moved to China with Shangri La International.

A: Douglas Louden was the General Manager of Pan Pacific Bangkok.

A: Douglas Louden was recognized by UNICEF.

A: Douglas Louden became the Corporate Director of Operations for Pan Pacific Hotels and Resorts.

A: Douglas Louden joined Hotel Properties Ltd as Vice President, Operations.

A: Douglas Louden helped develop the Hard Rock Hotels brand.

A: Douglas Louden joined Hong Kong Resorts as General Manager - Hospitality.

A: Douglas Louden oversaw the operations of Discovery Bay.

A: Douglas Louden has been an independent Asset Manager since 2012.

A: Douglas Louden looked after hotels managed by Hyatt, Hilton, Marriott, Starwood, and Accor.

A: Douglas Louden merged Perceptions Hospitality with Global Asset Solutions.

A: Douglas Louden became a managing partner.

A: Douglas Louden supports sustainable tourism.

A: Douglas Louden contributed to the Youth Career Initiative of the Shinta Mani Foundation.

A: Douglas Louden served as president of the Hotel Asset Managers Association of Asia Pacific in 2022.

A: Douglas Louden sits on the board.

A: Revenue management helps increase revenue at luxury hotels.

A: Revenue management improves profits using effective strategies.

A: Data collection involves gathering detailed information.

A: Segmentation tailors marketing strategies.

A: Segmentation optimizes pricing.

A: Segmentation enhances guest experiences.

A: Forecasting is important for understanding expectations.

A: Optimization tracks KPIs.

A: Optimization evaluates the performance of revenue management strategy.

A: 'Our Approach' enhances revenue and operational efficiency, providing a dual benefit to businesses.

A: 'Our Approach' predicts demand accurately, which is a crucial feature for understanding market trends.

A: 'Our Approach' allocates resources effectively, ensuring optimal use of available resources.

A: 'Our Approach' ensures excellence and guest satisfaction, focusing on delivering a superior customer experience.

A: Revenue Management includes Precise Demand Forecasting, Dynamic Pricing Strategy, and Inventory Optimisation.

A: InterContinental Madrid is located at Paseo de la Castellana, Madrid, Spain.

A: InterContinental Madrid was opened in 1953.

A: InterContinental Madrid has 302 rooms.

A: InterContinental Madrid offers two Spanish/international restaurants, one bar, and a club room buffet.

A: InterContinental Madrid offers a small fitness area and a concierge desk.

A: Four Seasons Madrid opened in 2020.

A: Four Seasons Madrid offers a rooftop restaurant called Dani by chef Dani Garcia, featuring traditional Andalusian cuisine.

A: Four Seasons Madrid offers a four-level spa and a 14-metres pool.

A: Alex Slors is the Senior Hotel Asset Manager Europe.

A: Alex Slors has 25 years of experience in the hotel industry.

A: Alex Slors served as a financial controller at The Ritz.

A: The Meridien Hotels and Resorts Group holds the Vice Presidency of Finance for the hotels of Europe.

A: The Meridien Hotels and Resorts Group consists of 42 hotels.

A: Atlas Hospitality includes 27 hotels.

A: Atlas Hospitality is located in Morocco.

A: Atlas Hospitality has a total of 9500 rooms.

A: Atlas Hospitality employs 3000 people.

A: Atlas Hospitality offers traditional Moroccan luxury resorts and modern city hotels.

A: Atlas Hospitality collaborates with BHG.

A: Atlas Hospitality was founded in 1968.

A: Atlas Hospitality owns and manages its properties.

A: Atlas Hospitality has five brands.

A: Atlas Hospitality offers MICE destination facilities.

A: Atlas Hospitality offers traditional restaurants and chic fusion cuisine.

A: The food and beverage area at Atlas Hospitality is 40000 sqm.

A: Vichy Celestins Spa Hotel offers a 3000 sqm health spa, anti-ageing techniques, fitness and well-being generation, and includes an indoor pool, thalassotherapy, gym, yoga studio, Cryotherapy room, and outdoor pools.

A: Atlas Hospitality has audited systems and procedures, reviewed F&B outlets, human resources expenses, general procedures, and sales & marketing strategies.

A: Atlas Hospitality has provided recommendations for new performance systems and advised to decrease commissions.

A: Atlas Hospitality has highlighted cost issues.

A: The Four Seasons Madrid features a four-level spa and a 14-metres pool.

A: The Four Seasons Madrid opened in 2020 and was originally built in 1887.

A: The Four Seasons Madrid has 200 rooms, including 39 suites.

A: Four Seasons Madrid offers four restaurants and bars for guests to enjoy.

A: Dani serves traditional Andalusian cuisine.

A: Isa offers a mixology experience and serves Asian tapas.

A: Four Seasons Madrid provides 1700 m2 of meeting space.

A: Four Seasons Madrid can host up to 350 guests.

A: The ballrooms at Four Seasons Madrid feature pre-function spaces.

A: Yes, Four Seasons Madrid features an open-air courtyard.

A: Four Seasons Madrid features a four-level spa and a 14-metres pool.

A: Four Seasons Madrid opened in 2020.

A: Four Seasons Madrid has 200 rooms and 39 suites.

A: Dani is located on the rooftop of Four Seasons Madrid.

A: The chef at Dani is Dani Garcia.

A: Isa offers a mixology experience and serves Asian tapas.

A: Guests can enjoy views across the city at Four Seasons Madrid.

A: Hyatt Regency Danang is located in Danang, Vietnam.

A: Hyatt Regency Danang features contemporary and Vietnamese architectural elements.

A: Hyatt Regency Danang features 199 rooms and suites.

A: Hyatt Regency Danang offers 145 residences with one to three bedrooms.

A: Hyatt Regency Danang provides 23 three-bedroom pool villas.

A: Guests can enjoy sea views or garden views and private balconies at Hyatt Regency Danang.

A: Hyatt Regency Danang includes four restaurants and bars.

A: Hyatt Regency Danang has a meeting capacity of up to 350 guests.

A: Hyatt Regency Danang offers 1,700 m2 of meeting space across nine venues.

A: The Hyatt Regency Danang includes two ballrooms with pre-function spaces, an open-air courtyard, and four versatile meeting rooms.

A: Yes, the Hyatt Regency Danang includes two ballrooms with pre-function spaces.

A: Yes, the Hyatt Regency Danang includes an open-air courtyard suitable for outdoor events.

A: The Hyatt Regency Danang includes four versatile meeting rooms.

A: The Four Seasons Madrid features a four-level spa and a 14-metre pool.

A: The Four Seasons Madrid opened in 2020.

A: The Four Seasons Madrid has 377 rooms.

A: The Peninsula Hong Kong is located in Hong Kong.

A: The Peninsula London is located in London, UK.

A: Six Senses Ninh Van Bay is located in Ninh Hoa, Vietnam.

A: The Hyatt Regency Danang is located in Danang, Vietnam.

A: The Grand Hyatt Manila is located in Manila, Philippines.

A: Park Hyatt Saigon is located in Ho Chi Min, Vietnam.

A: Four Seasons Madrid Canalejas is located in Madrid, Spain.

A: The Molitor Hotel, MGallery Collection is located in Paris, France.

A: W Ibiza is located in the Balearic Islands, Spain.

A: The Grand Hotel Du Lac is located in Vevey, Switzerland.

A: Rosewood Phnom Penh is located in Phnom Penh, Cambodia.

A: The Four Seasons Resort Bora Bora is located in Bora Bora, French Polynesia.

A: Fairmont Le Montreux Palace is located in Montreux, Switzerland.

A: The Carlton Cannes InterContinental is located in Cannes, France.

A: The InterContinental Amstel Amsterdam is located in Amsterdam, Netherlands.

A: Hotel de la Ville is located in Rome, Italy.

A: InterContinental Frankfurt is located in Frankfurt, Germany.

A: The Excelsior Hotel Gallia is located in Milan, Italy.

A: The InterContinental Madrid is located in Madrid, Spain.

A: The Sakala Resort Bali is located in Bali, Indonesia.

A: Blue Sydney, A Taj Hotel (now Ovolo Woolloomooloo) is located in Sydney, Australia.

A: The Proposed Four Seasons Astana is located in Astana, Kazakhstan.

A: The Incosol Hotel Medical Spa is located in Marbella, Spain.

A: Away Bali Legian Camalika is located in Bali, Indonesia.

A: The Tanjung Benoa Beach Resort is located in Bali, Indonesia.

A: Project management delivers superior ROI, efficiency, and long-term value.

A: Owner-led project management leaves behind operator-driven compromises.

A: The pre-opening phase includes Operational Critical Paths, Standard Operational Procedures, Budget Preparation and Reporting, Preopening Countdown, Recruiting/Training, PMS Set Up, Interfacing Of IT Systems, and External Services Agreements.

A: Interior design coordination involves General Hotel Concept, Area Program Assessment, Food And Beverage Concept Brief, Preliminary Design, Mock Up Room Compliance, Quality Standards, and Preliminary Budgets.

A: Architectural coordination integrates Architecture And Interior Design, Front Of House Operational Input, Back Of House Schematic Flows, and Back Of House Layout.

A: Ff&E and Os&E procurement coordination includes Specifications And Selection Of Ff&E And Os&E, Procurement And Delivery, and Budget Preparation And Reporting.

A: Project management provides liaison and coordination, pro-active assessment, assistance on hotel operation related issues, identification of operational milestones, and progress monitoring.

A: Project management assists with hotel operations by providing assistance on hotel operation related issues and progress monitoring.

A: Technical services coordination includes technical installation assessment and operational and technical standards.

A: IT coordination involves property management software, point of sales, energy and building management software, and security and CCTV administration software.

A: Site coordination provides liaison and coordination, assistance on hotel operation related issues, progress monitoring, and project reports.

A: Handover & snagging involves setting up of handover procedures, snaglists and rectification process, and quality control.

A: Project management is strengthened by expertise, technical knowledge, operational experience, and a network of quality-minded partners.

A: Adnan Shamim is the Managing Partner for the Middle East and Africa.

A: Adnan Shamim has more than twenty years of experience.

A: Adnan Shamim focuses on enhancing asset value.

A: Adnan Shamim serves as the Chief Asset Management Officer.

A: The PIF-backed entity's portfolio includes 11 landmark hotels and conference palaces, such as The Ritz-Carlton Riyadh, The Ritz-Carlton Jeddah, Le Meridien, and InterContinental properties.

A: Adnan Shamim's previous role was as an Investment Director.

A: The private family office's portfolio includes Four Seasons and Marriott branded properties.

A: Adnan Shamim received his education from Cornell University's School of Hotel Administration and earned an MBA from London Business School.

A: Colony Capital manages a portfolio of 43 hotels.

A: The Portfolio 43 Hotels is located in France, including cities like Paris and Nice, as well as Alpe d'Huez and Chamonix.

A: The Portfolio 43 Hotels has over 2,500 rooms, with a room range of 80-100 rooms per hotel.

A: The Portfolio 43 Hotels offers a wide range of food offerings and extensive spa facilities.

A: The Portfolio 43 Hotels was acquired in 2019.

A: The Four Seasons Madrid opened in 2020.

A: The Four Seasons Madrid has a total of 200 rooms, including 39 suites.

A: Four Seasons Madrid features four restaurants and bars, including Dani, which serves traditional Andalusian cuisine, and Isa, which offers mixology and Asian tapas.

A: Four Seasons Madrid offers meeting facilities with a capacity of up to 350 guests and a meeting space of 1,700 m2.

A: Four Seasons Madrid features a four-level spa and a 14-metres pool.

A: The Sakala Resort Bali is located on the South-Eastern coast of Bali.

A: The Sakala Resort Bali offers a variety of wellness amenities including an extensive outdoor pool, a spa, a large kids club, a four-level health club, a multi-purpose studio for yoga, a kinesis zone, and a cardiozone.

A: Yes, The Sakala Resort Bali features a spa as part of its wellness amenities.

A: The Sakala Resort Bali offers two dining options, including the Sakala Beach Club which serves French cuisine and is located beachfront, and The Lobby Bar which specializes in Bali-inspired cocktails and light snacks.

A: The Sakala Resort Bali provides luxurious suites with modern interiors featuring traditional Balinese touches, air conditioning, wooden flooring, a kitchenette, dining area, and living area.

A: The Sakala Resort Bali is a 10-minute drive from Bali Collection shopping centre, a 30-minute drive from Ngurah Rai International Airport, and a 40-minute drive from Seminyak.

A: The rooms at The Sakala Resort Bali are equipped with 42-inch flat-screen cable TVs and luxurious bath amenities.

A: The dining facilities at The Sakala Resort Bali can accommodate up to 250 guests.

A: The Sakala Resort Bali opened in 2014.

A: The Sakala Resort Bali offers a ballroom with a size of 630 square meters for meetings and events.

A: The occupancy rate of The Sakala Resort Bali in 2017 was forecasted to be 70.0%.

A: Global Asset Solutions has been overseeing The Sakala Resort Bali since late 2015.

A: Global Asset Solutions focuses on improved yield and distribution for The Sakala Resort Bali.

A: The Online Course Hotel Asset Management is 50 hours long and is conducted in English.

A: The Online Course Hotel Asset Management was developed by Global Asset Solutions.

A: The Online Course Hotel Asset Management is certified by the International Luxury Hotel Association.

A: The cost for students to enroll in the Online Course Hotel Asset Management is €1500.

A: The cost for professionals to enroll in the Online Course Hotel Asset Management is €2000.

A: Yes, the pricing for teams is available upon request for the Online Course Hotel Asset Management.

A: Yes, there is a 25% discount available for students enrolling in the Online Course Hotel Asset Management.

A: Students can expect personalized guidance as part of the support in the Online Course Hotel Asset Management.

A: The evaluation in the Online Course Hotel Asset Management includes a quiz per chapter, a final sales pitch, and a final case study.

A: The focus of the Online Course Hotel Asset Management is on real-life scenarios.

A: The Online Course Hotel Asset Management includes online classes, webinars, and self-authored material.

A: The Online Course Hotel Asset Management offers the opportunity to become a Certified Hospitality Asset Manager (CHAM).

A: The purpose of the Merit Access Program is to support promising professionals in Hotel Asset Management.

A: Eligibility for the Merit Access Program requires proven interest, relevant experience, and ambition.

A: The target audience for the Online Course Hotel Asset Management includes hospitality professionals, advanced hospitality students, hotel owners, and portfolio managers.

A: The foundation of the Hotel Asset Management Course is real-world experience.

A: The Hotel Asset Management Course provides practical, up-to-date solutions.

A: The Hotel Asset Management Course enhances career prospects by providing practical, up-to-date solutions.

A: Stephen Rushmore defined hotel asset management.

A: Hotel asset management provides the service of assisting hotel owners in realizing investment goals.

A: Hotel asset management emerged approximately twenty-five years ago.

A: The core functions of hotel asset management include review of financials, control and enhancement of operating performance, and legal/investment advice.

A: The salary range for hotel asset management in Europe is 50,000euros to 100,000euros per year.

A: The salary range for hotel asset management in Asia is $60,000 to $120,000.

A: The salary range for hotel asset management in North America is $90,000 to $130,000.

A: The Certified Hospitality Asset Manager (CHAM) was created by Alex Sogno and the Global Asset Solutions team.

A: The initial use of the Certified Hospitality Asset Manager (CHAM) was in a business school MBA in Hotel Management.

A: The Certified Hospitality Asset Manager (CHAM) has been repurposed as an online course.

A: The certificate of completion for the Hotel Asset Management Course is awarded by Global Asset Solutions and the International Luxury Hotel Association (ILHA).

A: The focus of hotel asset management is on optimizing real estate investments.

A: Alex Sogno is the Founder, CEO, and Senior Hotel Asset Manager at Global Asset Solutions.

A: Fred Novella is a Principal at Global Asset Solutions.

A: Douglas Louden is the Managing Partner for Asia Pacific at Global Asset Solutions.

A: Dimitris Mittas is the Chief Operating Officer (COO) at Global Asset Solutions.

A: Robert Walters is the Chief Investment Officer at Global Asset Solutions.

A: Lionel Anidjar is the Hotels Project Director at Global Asset Solutions.

A: Leanne Reddie is the Chief Commercial Officer at Global Asset Solutions.

A: Adnan Shamim is a Managing Partner at Global Asset Solutions.

A: Juan Manuel Gea is the Corporate Business Manager at Global Asset Solutions.

A: David Ordonez is a Hotel Asset Manager at Global Asset Solutions.

A: Duncan Kinnear is a Hotel Asset Manager at Global Asset Solutions.

A: Atul Bhalla is a Partner in India at Global Asset Solutions.

A: Irene Pham serves as an Analyst in the hotel industry.

A: Bui Truong Chien is an Analyst in the hotel industry.

A: Katie Benson holds the position of Senior Advisor in the hotel sector.

A: Alex Slors is a Senior Hotel Asset Manager in the hotel industry.

A: Katherine Doggrell is involved in Public Relations in the hotel industry.

A: Emily Newman works in Public Relations, specifically in PR, in the hotel industry.

A: The team at Global Asset Solutions is described as an independent company formed by a team of specialized asset managers.

A: The Camakila Legian Bali is located in Bali, Indonesia.

A: The Camakila Legian Bali is a 3-minute walk from the beach.

A: The Camakila Legian Bali offers a lagoon pool, a beachfront infinity pool, a spa with 4 treatment rooms, an in-house surf school, and a fitness centre.

A: The Camakila Legian Bali has the Azaa Restaurant offering Western and international cuisine, and the TAO Beach House serving Southeast Asian cuisine.

A: The Camakila Legian Bali features lobby, pool, and rooftop bars.

A: The Camakila Legian Bali has 117 guestrooms.

A: The Camakila Legian Bali can accommodate meetings for up to 110 people.

A: The Camakila Legian Bali opened in 2009.

A: Rooms at The Camakila Legian Bali feature a private balcony, flat-screen TV, safety deposit box, sofa bed, and an attached bathroom with a bathtub and shower.

A: The Camakila Legian Bali provides tour assistance, car rental, and laundry and dry cleaning services.

A: The Camakila Legian Bali is a 20-minute drive from Ngurah Rai International Airport.

A: The Camakila Legian Bali is a 10-minute drive from Kuta and Seminyak.

A: Atul Bhalla studied Hospitality at IHMCTAN, New Delhi, and holds a Master's degree from London University.

A: Atul Bhalla has over 30 years of experience with Indian and international hotel chains.

A: Atul Bhalla has worked with the Taj Group, Scotts Holding Singapore, and Carlson Hotels USA.

A: Atul Bhalla serves as an advisor for dis-investment in the tourism sector for state governments.

A: Atul Bhalla is involved with Intercontinental.

A: Atul Bhalla has been involved with several hotels including Radisson, Hyatt, Meridien, ITC Fortune Park, and Holiday Inn.

A: Atul Bhalla started his career with the Taj Group of Hotels.

A: Atul Bhalla began his career as a management intern in 1989.

A: Atul Bhalla worked with Carlson Hotels worldwide and was part of the core team that established the Carlson Hotels brand in India.

A: Atul Bhalla's last known assignment was as the Chief Executive Officer & Executive Director on Board with a Multinational Finance Conglomerate.

A: Atul Bhalla co-founded a Venture Capital Fund in 2018.

A: The Venture Capital Fund co-founded by Atul Bhalla focuses on providing resources to NON-IT startup ventures in India.

A: Vara India Investments LLP focuses on investments in the Indian retail sector.

A: Atul Bhalla is responsible for spearheading a luxury real estate development start-up.

A: Atul Bhalla is managing the amalgamation and assimilation of businesses under the Triphe Group.

A: Global Asset Solutions has experience in Hotel Asset Management.

A: Global Asset Solutions operates in the EMEA and APAC regions.

A: Global Asset Solutions oversees assets valued at $22 billion.

A: Global Asset Solutions manages over 180 luxury hotels.

A: Global Asset Solutions works with over 50 luxury and upper-upscale brands.

A: Global Asset Solutions provides services such as Hotel Asset Management, Hotel Asset Consulting, Revenue Management, 360 Performance Optimisation Review, Investment Banking Services, and Project Management Services.

A: France is ranked as the world's top tourist destination.

A: Portugal's hospitality industry has made an impressive comeback post-Covid.

A: The Four Seasons Astana is located in Astana, Kazakhstan.

A: The Four Seasons Astana is a mixed-use development.

A: The Four Seasons Astana has 160 rooms and 50 private residences.

A: The average residence size at the Four Seasons Astana is 300 square meters.

A: The Four Seasons Astana has 3 restaurants and 2 bars.

A: The Four Seasons Astana offers amenities such as meeting rooms, a swimming pool, and a full-service spa.

A: The Four Seasons Astana project is currently on hold.

A: The Four Seasons Astana was planned to open during the Astana World Expo 2017.

A: The Four Seasons Astana has 4 food and beverage outlets.

A: At Four Seasons Astana, you can enjoy fine dining with a variety of international, Kazak, and Asian cuisines.

A: The back of house facilities at Four Seasons Astana include engineering, dry and cold storage, a dock, and kitchens.

A: Yes, Four Seasons Astana offers large meeting, banquet, and conference facilities.

A: Four Seasons Astana features a large full-service spa, fitness center, swimming pool, boutique shopping outlet, indoor parking, kid's club, and a business centre.

A: Four Seasons Madrid has 200 rooms and 39 suites.

A: Some rooms at Four Seasons Madrid are on two levels, and some have step-out balconies or spacious private terraces.

A: The design of Four Seasons Madrid is contemporary, overlaid with the depth of history.

A: There are four restaurants and bars at Four Seasons Madrid.

A: The restaurant Dani is located on the rooftop of Four Seasons Madrid.

A: The chef at the restaurant Dani in Four Seasons Madrid is Dani Garcia.

A: The restaurant Dani serves traditional Andalusian cuisine.

A: At Isa cocktail bar, you can enjoy mixology and Asian tapas.

A: The meeting spaces at Four Seasons Madrid can accommodate up to 350 guests.

A: The meeting spaces at Four Seasons Madrid cover an area of 1,700 m2 (18,300 sq. ft.).

A: The meeting spaces at Four Seasons Madrid offer natural light and views across the city.

A: The meeting spaces at Four Seasons Madrid include two ballrooms, pre-function spaces, an open-air courtyard, and four versatile meeting rooms.

A: The spa at Four Seasons Madrid features a four-level spa and a sun-splashed 14-metres pool.

A: Four Seasons Madrid opened in 2020.

A: The building of Four Seasons Madrid was originally built in 1887.

A: Incosol Hotel Medical Spa Marbella is located in Marbella, Spain.

A: Incosol Hotel Medical Spa Marbella was described as the most luxurious hotel in Marbella when it opened.

A: Incosol Hotel Medical Spa Marbella closed in 2012.

A: Incosol Hotel Medical Spa Marbella is currently under redevelopment in the Wellness and Medical segment.

A: Incosol Hotel Medical Spa Marbella has 192 rooms.

A: There are 3 food and beverage outlets at Incosol Hotel Medical Spa Marbella.

A: Incosol Hotel Medical Spa Marbella offers a large wellness and medical centre, 6 swimming pools, 25 treatment cabins, and 18 medical rooms.

A: Yes, Incosol Hotel Medical Spa Marbella has large meeting, banquet, and conference facilities.

A: Global Asset Solutions provided high-level feasibility.

A: Global Asset Solutions identified the Hotel and medical destination concept.

A: Global Asset Solutions continues its expansion.

A: Global Asset Solutions appointed a new CCO in Singapore.

A: Global Asset Solutions is expanding in the Asia Pacific region.

A: Global Asset Solutions plans to reopen its Singapore office after a merger.

A: Global Asset Solutions has launched an enhanced asset management course.

A: Global Asset Solutions has added a Finance Specialist.

A: Excelsior Hotel Gallia is located in Milan, Italy.

A: The architect of Excelsior Hotel Gallia is Marco Piva.

A: Excelsior Hotel Gallia overlooks Piazza Duca d'Aosta and Milan Central railroad station.

A: Excelsior Hotel Gallia has 235 guestrooms and 51 themed suites.

A: Excelsior Hotel Gallia has a Gallia suite of 160 sqm and a Presidential Suite of 1,000 sqm.

A: Excelsior Hotel Gallia offers Rooftop Fine Dining, a rooftop bar, a cigar lounge, and a wine cellar with a chef's table.

A: Excelsior Hotel Gallia offers 12 meeting spaces over 1,000 sqm.

A: Excelsior Hotel Gallia has a Shiseido Spa of 1,000 sqm and a 24/7 gym.

A: Excelsior Hotel Gallia provides a Maserati courtesy car service.

A: Excelsior Hotel Gallia originally opened in 1932 and was reopened in 2015.

A: Four Seasons Madrid opened in 2020 and was originally built in 1887.

A: Four Seasons Madrid has 200 rooms and 39 suites.

A: Four Seasons Madrid has Dani on the rooftop serving traditional Andalusian cuisine and Isa cocktail bar serving Asian tapas.

A: Four Seasons Madrid offers 1,700 m2 of meeting space across nine venues, a four-level spa, and a 14-metres pool.

A: Dimitris Mittas holds an MSc in International Hotel Management.

A: Dimitris Mittas has more than 20 years of experience.

A: Dimitris Mittas has worked at Conrad, IHG, Swissotel, Dorint, and Nobu.

A: Dimitris Mittas has worked in Europe and Africa.

A: Dimitris Mittas became regional at IHG.

A: Dimitris Mittas headed the portfolio for Katara Hospitality.

A: Katara Hospitality's portfolio includes Carlton Cannes and Amstel InterContinental.

A: Dimitris Mittas is responsible for the Future Finance Leaders program.

A: Dimitris Mittas was awarded the title of Hotel Financial Controller Europe.

A: Dimitris Mittas joined the marina in Barcelona.

A: Dimitris Mittas joined the Nobu Ibiza hotel.

A: Dimitris Mittas is in charge of Financial Structure and oversight.

A: Dimitris Mittas works for Global Asset Solutions.

A: Global Asset Solutions was established in 2007.

A: Global Asset Solutions is located in Singapore.

A: Global Asset Solutions has expanded to Dubai and Europe.

A: The mission of Global Asset Solutions is to optimise performance and value of hospitality assets.

A: Global Asset Solutions co-founded the Hospitality Asset Managers Association (HAMA) Asia Pacific and Middle East & Africa.

A: The CEO & Founder holds the position of President of the International Luxury Hotel Association (ILHA) EMEA.

A: Global Asset Solutions merged with Perceptions Hospitality.

A: Global Asset Solutions has added 60 hotels in Asia Pacific.

A: The portfolio of Global Asset Solutions includes over 1,000 hotel projects, luxury properties, and iconic landmarks.

A: Global Asset Solutions takes a collaborative approach in its operations.

A: Global Asset Solutions upholds values such as Selective Partnership, Value-driven growth, and Ethical Excellence.

A: Global Asset Solutions manages 9 hotels in Oman.

A: Notable hotels in Global Asset Solutions' portfolio include Four Seasons Madrid, Molitor Hotel, MGallery Collection, W Ibiza, Grand Hotel Du Lac, and Rosewood Phnom Penh.

A: Global Asset Solutions manages a portfolio of over 1,000 hotel projects.

A: The focus of Global Asset Solutions' mission is to optimise performance and value of hospitality assets.

A: Global Asset Solutions' portfolio includes hotels such as Four Seasons Resort Bora Bora, Fairmont Le Montreux Palace, Carlton Cannes InterContinental, Amstel Hotel InterContinental, Hotel de la Ville, InterContinental Frankfurt, Excelsior Hotel Gallia, InterContinental Madrid, The Sakala Resort Bali, Blue Sydney (now Ovolo Woolloomooloo), Proposed Four Seasons Astana, Incosol Hotel Medical Spa Marbella, Away Bali Legian Camalika, and The Tanjung Benoa Beach Resort.

A: The Four Seasons Resort Bora Bora is part of Global Asset Solutions' portfolio.

A: The room design at Four Seasons Madrid is contemporary with historical depth.

A: Four Seasons Madrid has 200 rooms and 39 suites.

A: Dani at Four Seasons Madrid serves traditional Andalusian cuisine.

A: Isa offers mixology and Asian tapas.

A: Four Seasons Madrid offers 1,700 m2 of meeting space across nine venues, with a capacity for up to 350 guests. It features two ballrooms, pre-function spaces, an open-air courtyard, and four versatile meeting rooms.

A: Four Seasons Madrid features a four-level spa and a 14-metres pool.

A: Four Seasons Madrid was originally built in 1887 and opened in 2020.

A: Six Senses Ninh Van Bay is located in Ninh Hoa, Vietnam.

A: Six Senses Ninh Van Bay is accessible only by boat.

A: Six Senses Ninh Van Bay has sustainability initiatives including organic gardens and zero-waste initiatives.

A: Six Senses Ninh Van Bay offers activities such as rock climbing, hiking, and various wellness programs.

A: The villas at Six Senses Ninh Van Bay feature private plunge pools and butler service.

A: Four Seasons Madrid offers four dining options, including Dani and Isa.

A: Dani serves traditional Andalusian cuisine.

A: Guests can enjoy mixology and Asian tapas at Isa.

A: Park Hyatt Saigon is located in Ho Chi Minh City, Vietnam.

A: Park Hyatt Saigon has 245 rooms and suites.

A: Park Hyatt Saigon is known for its French colonial elegance with Vietnamese touches.

A: The rooms at Park Hyatt Saigon feature hardwood floors, white plantation shutters, and period-style furnishings.

A: Park Hyatt Saigon offers dining options such as Square One and Opera.

A: Park Hyatt Saigon offers a landscaped outdoor pool area for relaxation.

A: Park Hyatt Saigon undertook a client project related to an e-gaming facility.

A: The e-gaming facility project at Park Hyatt Saigon lasted 6 weeks.

A: Renovations were done on the All Day Dining outlet (Opera) and the fine dining outlet (Square One) at Park Hyatt Saigon.

A: The renovation at Park Hyatt Saigon encountered delays and quality control issues.

A: The re-opening of the outlets marked the completion of the renovation at Park Hyatt Saigon.

A: The period of engagement for the renovation at Park Hyatt Saigon was 6 months in 2015.

A: Four Seasons Madrid offers a four-level spa and a 14-metres pool.

A: Four Seasons Madrid opened in 2020.

A: The building housing Four Seasons Madrid was originally built in 1887.

A: The restaurant Dani is located on the rooftop of Four Seasons Madrid.

A: The chef at the restaurant Dani in Four Seasons Madrid is Dani Garcia.

A: Dani in Four Seasons Madrid offers traditional Andalusian cuisine.

A: Isa offers mixology and Asian tapas at Four Seasons Madrid.

A: Park Hyatt Saigon opened in 2005.

A: Park Hyatt Saigon overlooks Lam Son Square and the Opera House.

A: The typical guests at Park Hyatt Saigon include diplomats, business leaders, and luxury travellers.

A: Park Hyatt Saigon is ranked among Southeast Asia's top urban hotels.

A: The 360 Degree Performance Optimisation Review provides an impartial snapshot of a hotel's performance.

A: The 360 Degree Performance Optimisation Review captures ideas to unlock the full potential of a hotel.

A: The 360 Degree Performance Optimisation Review includes a documentation request and an on-site visit.

A: The 360 Degree Report highlights critical areas of shortfall in hotel performance.

A: The 360 Degree Report provides a list of actionable solutions.

A: The 360 Degree Report reveals potential for increased revenue and reduced costs.

A: The 360 Degree Performance Optimisation Review can re-energise a luxury hotel, group of assets, or entire portfolio.

A: The 360 Degree Performance Optimisation Review produces significant results and strong ROI.

A: InterContinental Frankfurt is located in Frankfurt, Germany.

A: InterContinental Frankfurt features a 1960's concrete architectural style.

A: InterContinental Frankfurt opened in 1963.

A: InterContinental Frankfurt has 467 rooms and 23 suites.

A: The InterContinental Frankfurt has 1 restaurant.

A: Yes, the InterContinental Frankfurt has 1 bar.

A: The InterContinental Frankfurt offers a conference space of 2331 square meters.

A: The InterContinental Frankfurt can accommodate up to 1000 people for cocktail receptions.

A: The InterContinental Frankfurt can host up to 500 people for seated dinners.

A: The InterContinental Frankfurt offers a fitness area, gift-shop, business center, club lounge, and crew lounge.

A: The InterContinental Frankfurt has 20 meeting rooms.

A: The total meeting space at the InterContinental Frankfurt is 2331 square meters.

A: There are 3 food and beverage outlets at the InterContinental Frankfurt.

A: The Four Seasons Madrid opened in 2020.

A: The original build year of the Four Seasons Madrid is 1887.

A: The Four Seasons Madrid has 200 rooms.

A: The Four Seasons Madrid offers 39 suites.

A: There are 4 restaurants and bars at the Four Seasons Madrid.

A: The rooftop restaurant at the Four Seasons Madrid is called Dani, led by chef Dani Garcia.

A: The rooftop restaurant at Four Seasons Madrid serves traditional Andalusian cuisine.

A: The bar Isa at Four Seasons Madrid specializes in mixology and Asian tapas.

A: The Four Seasons Madrid offers a total meeting space of 1700 square meters.

A: There are 9 meeting venues available at Four Seasons Madrid.

A: The spa at Four Seasons Madrid spans four levels.

A: The pool at Four Seasons Madrid is 14 meters long.

A: The Tanjung Benoa Beach Resort is located on Tanjung Benoa on Nusa Dua Beach.

A: The Tanjung Benoa Beach Resort offers water sport activities.

A: The Tanjung Benoa Beach Resort offers 3 dining options.

A: Yes, The Tanjung Benoa Beach Resort provides a free shuttle bus to Bali Collection Shopping Mall twice daily.

A: The Tanjung Benoa Beach Resort features traditional Balinese rooms with modern comforts.

A: Rooms at The Tanjung Benoa Beach Resort include minibars, tea/coffee makers, and safety deposit boxes.

A: The Tanjung Benoa Beach Resort offers a fitness centre, tennis, table tennis, and darts.

A: TAO Beachside Bar and Restaurant serves traditional Asian fare.

A: Seaview Restaurant serves Western, international, and Indonesian cuisine.

A: TAO Lagoon and Lobby Lounge offers a variety of drinks.

A: The Tanjung Benoa Beach Resort has 185 guestrooms.

A: The Tanjung Benoa Beach Resort can accommodate up to 300 people for meetings.

A: The Tanjung Benoa Beach Resort features executive boardrooms for up to 60 persons.

A: Yes, The Tanjung Benoa Beach Resort offers team building activities.

A: The Four Seasons Madrid features a four-level spa.

A: Yes, the Four Seasons Madrid features a 14-metres pool.

A: The Four Seasons Madrid opened in 2020.

A: The Four Seasons Madrid has 200 rooms, including 39 suites.

A: Dani serves traditional Andalusian cuisine.

A: Guests can enjoy mixology and Asian tapas at Isa.

A: The Four Seasons Madrid can accommodate meetings for up to 350 guests.

A: The Four Seasons Madrid offers 1,700 m2 of meeting space across nine venues.

A: Global Asset Solution has overseen The Tanjung Benoa Beach Resort since late 2015.

A: The occupancy rate of The Tanjung Benoa Beach Resort in 2014 was 69.9%.

A: The occupancy rate of The Tanjung Benoa Beach Resort in 2015 was 71.1%.

A: The occupancy rate of The Tanjung Benoa Beach Resort in 2016 was 62.2%.

A: The forecasted occupancy rate of The Tanjung Benoa Beach Resort in 2017 was 65.4%.

A: The lease renewal for The Tanjung Benoa Beach Resort was at the end of 2019.

A: The lease extension for The Tanjung Benoa Beach Resort is for a further 10 years.

A: Global Asset Solutions is expanding in the Middle East.

A: Global Asset Solutions has appointed a new CCO in Singapore.

A: Global Asset Solutions is expanding its operations in the Asia Pacific.

A: Global Asset Solutions has reopened an office in Singapore.

A: Global Asset Solutions has launched an enhanced asset management course.

A: Global Asset Solutions has added a Finance Specialist.

A: Global Asset Solutions has reported a 35% EBITDA growth.

A: Global Asset Solutions is targeting the luxury lifecycle.

A: Global Asset Solutions is working with Nikki Beach Global.

A: Global Asset Solutions is expanding its worldwide team.

A: Rosewood Phnom Penh was named the Best City Hotel in Asia.

A: Global Asset Solutions has launched a podcast.

A: Middle East Luxury Hotels are focusing on Budget Strategies.

A: Hotel Asset Management Teams are focusing on Building and Optimizing.

A: Hotel Projects are focusing on Owner-Led Project Management.

A: Hotels are considering Club Membership for their guests.

A: Luxury Hotels are facing a Sustainability Conundrum.

A: F&B has an impact on the Balance Sheet of a hotel.

A: Portion Size is being controlled in F&B.

A: Hotel Restaurant refurbishment is focused on Profitability.

A: Hotel Guest Services are questioning Change in Amenities.

A: Hotels are implementing Security and Cleaning Protocols.

A: The Food & Beverage Industry is focusing on Post COVID-19 Ideas.

A: The Wellness and Spa Department is implementing Best Practices During and Post-COVID-19.

A: Hotels are implementing Sustainable Recovery Guidelines Post-COVID-19.

A: Hotel asset managers provide support for hotel re-openings post COVID-19, helping to navigate the challenges and ensure a smooth transition back to operations.

A: Hotel asset managers play a crucial role in supporting hotel re-openings post COVID-19, ensuring that hotels can effectively resume operations.

A: Around 200 companies were involved in the Hôtel de Crillon project.

A: The Hôtel de Crillon project involved around 200 companies, indicating a large-scale collaboration.

A: The Hôtel de Crillon project involved 500 workers.

A: The workforce for the Hôtel de Crillon project consisted of 500 workers.

A: Four interior design teams worked on the Hôtel de Crillon.

A: The project management for the Hôtel de Crillon was owner-led.

A: Owner involvement at Nikki Beach Antigua and Baku led to successful outcomes.

A: Owner involvement in the Hôtel de Crillon project resulted in successful outcomes.

A: Owner-led project management focuses on return on investment, efficiency, and sustainable long-term performance.

A: Owner-led project management benefits include aligning with the owner's long-term interests, maximizing asset's value, prioritizing cost control, timely delivery, operational efficiency, and cohesive teamwork.

A: OTAs charge high fees, steal data, and take away the relationship with the guest, presenting challenges to the hospitality industry.

A: OTAs offer great rates to travelers, making them an attractive option for booking accommodations.

A: Expedia launched an in-app travel planning experience for travelers.

A: Expedia is using ChatGPT, AI, and machine learning to offer personalized trip options and intelligent shopping, enhancing the travel planning experience.

A: Expedia offers AI-driven partner offerings to enhance the travel experience.

A: Booking.com launched an AI trip planner aimed at making travel easier.

A: Booking.com is using generative AI to enhance travel experiences and make travel planning easier.

A: Marriott International has expanded its Design Lab and created an AI Incubator to advance technology and design.

A: Peggy Roe identified three significant areas: accelerated content generation, elevated customer experience, and augmented intelligence for associates.

A: Marriott International has a market capitalization of $81.63 billion.

A: Marriott International's portfolio includes 1.5 million rooms.

A: Marriott International has an average of 164.8 rooms per hotel.

A: Marriott International forecasts a net rooms growth of 5 to 5.5% CAGR from 2022 to 2025.

A: Hotel owners control hotel growth, influencing the expansion and development of their properties.

A: Hotel owners demand financial performance, brand execution, operational transparency, sales and marketing excellence, asset protection and maintenance, talent management, adaptability and market responsiveness, and alignment of interests from operators.

A: Financial performance is crucial for hotel owners as it directly impacts the profitability and sustainability of their investments.

A: Brand execution is important for hotel owners because it ensures that the hotel's brand identity and standards are consistently maintained, which can enhance customer satisfaction and loyalty.

A: Operational transparency allows hotel owners to have clear insights into the hotel's operations, which helps in making informed decisions and building trust with the management team.

A: Sales and marketing excellence is demanded by hotel owners to ensure that the hotel effectively reaches its target audience and maximizes revenue opportunities.

A: Asset protection and maintenance are significant for hotel owners as they ensure the longevity and value of the property, preventing costly repairs and maintaining the hotel's appeal.

A: Talent management impacts hotel operations by ensuring that skilled and motivated staff are in place, which is essential for delivering high-quality service and achieving business goals.

A: Adaptability and market responsiveness are important for hotel owners to ensure that the hotel can quickly adjust to changing market conditions and customer preferences, maintaining competitiveness.

A: Alignment of interests means that both hotel owners and operators work towards common goals, ensuring that the operator's actions are in the best interest of the owner's investment.

A: You can contact Global Asset Solutions via email at info@globalassetsolutions.com.

A: Global Asset Solutions is known as the largest independent asset manager in Europe, the Middle East, Asia, and the Pacific.

A: Global Asset Solutions has recently added a portfolio of nine hotels in the Middle East.

A: Global Asset Solutions works with Nikki Beach Hospitality Group.

A: Juan Manuel Gea has been added as the corporate business manager, and Jordi Izquierdo as the hotel asset manager.

A: Global Asset Solutions offers an in-depth understanding of luxury hotels.

A: Juan Manuel Gea joined Global Asset Solutions from Beyond.

A: Before joining Global Asset Solutions, Jordi Izquierdo was the cluster director of revenue management at Hyatt Hotels.

A: Global Asset Solutions' portfolio includes Rosewood Phnom Penh in Cambodia and Four Seasons Madrid in Spain.

A: The CEO of Global Asset Solutions is Alex Sogno.

A: Travel and tourism contribute more than 10% to the global GDP.

A: KKR purchased Roompot for €1 billion.

A: Blackstone acquired Bourne Leisure for around £3 billion.

A: Hyatt acquired the Dream Hotel Group lifestyle hotel brand.

A: Before acquiring the Dream Hotel Group, Hyatt acquired Apple Leisure.

A: Davidson Kempner Capital Management acquired ECS Capital in Portugal for €850 million.

A: The acquisition of ECS Capital included 18 hotels.

A: The Conrad Algarve Hotel has 154 rooms.

A: Hilton Vilamoura As Cascatas Golf Resort & Spa has 176 rooms.

A: Generator Hostels is likely to be sold to France's PAI Partner for around €650 million.

A: Generator Hostels is associated with market trends such as locally-sourced food, craft beers, and meeting rooms.

A: The US debt market is characterized as transparent.

A: The European debt market is described as opaque.

A: Hotel owners are considering the strategy of selling off one or two hotels.

A: Investors demand more skin in the game, meaning they want greater involvement and commitment.

A: Cash is currently sitting around and must be used, indicating a need for investment opportunities.

A: Distressed platforms are currently rare in the market.

A: Ile-de-France's success as a destination is due to its reputation as a must-visit location.

A: The region Sud is successful as a tourist destination due to its reputation as a must-visit location.

A: The Jeux Olympiques d'été 2024 are marked as a decisive moment for France as a host nation.

A: The Jeux Olympiques d'été 2024 will highlight France's cultural heritage and hospitality.

A: Tourists in Paris are expected to increase by 13% during the Olympics.

A: Arrivals from China are expected to increase by 43%.

A: Arrivals from both Japan and the United States are expected to increase by 13%.

A: Tourism from Germany and Belgium has remained stable.

A: The decrease in British tourists is due to competition from Spain and Italy.

A: International spending in July increased by 8% compared to the previous year.

A: Visitor spending before summer reached 32.5 billion euros.

A: The economic impact of the 2024 Olympics is predicted to bring benefits of 8.99 billion euros.

A: Tourism benefits from the Olympics are predicted to be 2.6 billion euros.

A: An increase of 1.4 million French tourists is expected in Paris during the Olympics.

A: Tourist nights in host areas are expected to increase by 12% for French tourists.

A: Tourist nights in host areas are expected to increase by 16% for Europeans and long-distance travelers.

A: The Mediterranean regions are expected to be the most dynamic in summer 2024.

A: A decrease in visitors is expected for the Atlantic arc in summer 2024.

A: Coastal areas remain a preferred choice for French tourists.

A: A decrease in French tourists has been observed in rural areas.

A: European and long-distance visitors have compensated for the decrease in French tourists.

A: A positive momentum is expected for tourism in September and October.

A: Outdoor accommodations are expected to increase by 16%.

A: Hotel bookings are expected to increase by 2 to 5 percentage points.

A: Rental bookings are expected to increase by 6% to 9%.

A: The Rugby World Cup is expected to support tourism growth in France.

A: France focuses on diversification, durability, technological innovation, and cultural enrichment.

A: France aims to attract a wider range of visitors, reduce dependence on a single segment, enhance visitor experience, streamline operations, deepen connection with heritage, promote meaningful tourism, and maintain status as a leading travel destination.

A: The Plan Destination was prepared by the Premier minister with the objective to make France the top tourist destination.

A: The main objective of the Plan Destination France is to position France as a leader in sustainable tourism.

A: The Direction generale des entreprises (DGE) has defined several priorities for the tourism sector in 2024, including responding to growing demand, optimizing economic benefits, promoting sustainable tourism, supporting innovation in the travel sector, and facilitating access to skills and training.

A: The Plan Destination France invests in future tourism sectors, expertise tourism, territorial engineering, slow tourism, ecotourism, agritourism, and events and e-events.

A: Penrod's Beach Club opened at One Ocean Drive in 1989.

A: Cafe Nikki was created by Jack for Nicole.

A: Nikki Beach features a free-flowing and feminine design with a non-aggressive music policy.

A: Nikki Beach has 11 beach clubs and 5 hotels.

A: Food and beverage contribute 45% to 50% of the revenue at Nikki Beach.

A: Luxury hospitality epitomizes excellence in every facet and offers attentive service.

A: In luxury hospitality, food and drink must be organic and locally sourced.

A: A spa in luxury hospitality must feature the latest wellness trends.

A: A stay in luxury hospitality must stand up to a sustainable assessment.

A: Accor reported that the global luxury travel spend is expected to reach $2.32 trillion by 2030.

A: Accor has over 370 luxury hotels.

A: Accor has more than 150 lifestyle hotels.

A: Accor plans to develop 100 luxury and lifestyle hotels over the next two years.

A: Marriott has opened its 500th luxury property.

A: Marriott has 200 luxury hotels in its development pipeline.

A: Hilton announced a partnership with Small Luxury Hotels of the World.

A: Rosewood Phnom Penh is classified as an upper luxury hotel.

A: Four Seasons Madrid is classified as an upper luxury hotel.

A: The Government of Oman has a portfolio of eight hotels.

A: Nikki Beach is known as an international luxury lifestyle and hospitality brand.

A: Alex will be speaking at 'Food For Thought – How F&B Trends Are Influencing Investor Decisions'.

A: The Hotel Restaurant in Brussels opened in 2009.

A: The Hotel Restaurant in Brussels is designed in an Art-Deco style.

A: The Hotel Restaurant in Brussels has a seating capacity of 120 seats.

A: The bar at the Hotel Restaurant in Brussels has a seating capacity of 20 seats.

A: The average check at the Hotel Restaurant in Brussels is €62 net.

A: The annual revenue of the Hotel Restaurant in Brussels is €9 million.

A: The Hotel Restaurant in Brussels allocates 29% of its expenses to payroll.

A: The Hotel Restaurant in Brussels has 6.4% allocated to other expenses.

A: The departmental profit of the Hotel Restaurant in Brussels in 2018 was 32% of 2010.

A: The refurbishment of the Hotel Restaurant in Brussels was approved by the owner.

A: The ROI period for the Hotel Restaurant in Brussels is 0.6 years.

A: The profit at the Hotel Restaurant in Brussels triplicated.

A: The average spent at the Hotel Restaurant in Brussels increased by 12%.

A: A marketing plan was prepared as part of the Hotel Restaurant's refurbishment plan.

A: Influencers were invited to create media noise for the Hotel Restaurant in Brussels.

A: An external company was hired for communication purposes at the Hotel Restaurant in Brussels.

A: Italy ranked second in nights spent by foreign visitors in 2022.

A: The hotel investment volume in Italy was €1.6 billion in 2022.

A: 73% of the hotel transaction volume in Italy was for luxury properties in 2022.

A: The ADR for Italian 5-star hotels was €570 in 2022.

A: The RevPAR for Italian 5-star hotels was €342 in 2022.

A: The Grand Hotel Gardone is located at Lake Garda.

A: The Grand Hotel Gardone was acquired by Apex Alliance and Paval Holding.

A: The Grand Hotel Gardone is reopening as a 5-star hotel in 2026.

A: Six Senses is debuting its first Italian hotel in Rome in 2023.

A: Rome plans to develop 2000 more hotel rooms in the next 3 years.

A: The luxury hotel segment is the high-value growth leader in Italy.

A: In 2021, 5-star and luxury hotels constituted 1.8% of Italy's hotel market stock.

A: In 2021, hotel chains had a penetration rate of 50.5% in Italy's Upper Upscale and Luxury segments.

A: Italy's second-tier operated hotel segment experienced an 18.7% increase in 2021.

A: In 2022, the Average Daily Rate (ADR) in Italy's major cities grew by 41%.

A: Italy's major cities saw a 21% growth in Revenue Per Available Room (RevPAR) in 2022.

A: In 2022, both the ADR and RevPAR in Italy's resort market grew by 22%.

A: Hotel transactions accounted for 15% of total Real Estate transactions in Italy in recent years.

A: Italy's hotel market is characterized by fragmented and generational ownership.

A: Opportunities for foreign investors in Italy's hotel market are expected to increase.

A: The barriers to entry for Italy's hotel market are high due to local relationships and bureaucracy.

A: Luxury hotel brands in Italy attract affluent tourists, upskill the local labor force, create more jobs, and have a positive impact on the local economy.

A: New luxury hotel brands entering the Italian market include Edition, Orient Express, and Cheval Blanc.

A: Rome, Milan, and Venice are considered major interest markets for Italy's hotel industry.

A: Secondary cities such as Verona, Bologna, Turin, Naples, and Catania are seeing an influx of capital in Italy's hotel market.

A: The Italian National Recovery and Resilience Plan was launched in 2021.

A: The Italian National Recovery and Resilience Plan allocates €191.5 billion in investment funding.

A: The plan aims to renovate and redevelop hotel facilities, revitalize tourism and culture in small towns, and create modern and sustainable infrastructure in Italy.

A: Hotel investors in Italy can benefit from a hotel-specialised investment advisor and dedicated asset manager.

A: Global Asset Solutions Europe SL provides no warranty or representation as to the accuracy or completeness of their information.

A: Qatar is hosting the FIFA World Cup.

A: Qatar is planning to add 105 hotels.

A: Qatar is expecting more than a million visitors for the FIFA World Cup.

A: Qatar's vision for 2030 is to become a world-class hub with deep cultural roots.

A: Qatar is estimated to spend $220 billion on the FIFA World Cup.

A: Paris will host the 2024 Olympic and Paralympic Summer Games.

A: Paris is expected to welcome 9.7 million visitors for the 2024 Olympic and Paralympic Summer Games.

A: Airbnb is sponsoring the 2024 Olympic and Paralympic Summer Games.

A: Accor is providing services for the Olympic and Media Villages during the 2024 Games.

A: Paris is adding 12 new hotels.

A: Sydney hosted the 2000 Olympic Games.

A: During the 2000 Olympics, the average room rate for Sydney hotels was AUS$480.

A: Sydney hotels had a 100% occupancy rate during the 2000 Olympics.

A: Sydney added 3,000 hotel rooms between 2000 and 2016.

A: Qatar hotels have a marketing opportunity with the FIFA World Cup.

A: Global Asset Solutions emphasizes productivity in budget preparation.

A: Global Asset Solutions integrates the Revenue Generation Index (RGI) into budgeting.

A: Hotels include budgeted monthly RGI targets in their budgeting process.

A: A Revenue Manager monitors market trends.

A: A Revenue Manager forecasts realistic and competitive RGI.

A: The RGI reflects hotel performance relative to competition.

A: The ARI shows hotel rate performance against a competitive set.

A: RGI serves as a common language for team alignment.

A: Budgeting turns into a strategy for measurable performance improvement.

A: Spain's tourism sector exceeded expectations in 2023.

A: Spain's tourism sector surpassed the levels of the 2019 season.

A: Tourism prices have increased by 18% since 2019.

A: The tourism industry has a GDP growth forecast of 2.5%.

A: The overall economy has a GDP growth forecast of 1.8%.

A: The tourism industry contributed 12.8% to GDP in 2023.

A: The tourism industry contributed 12.6% to the workforce in 2023.

A: Overnight stays increased by 1.9% compared to 2019.

A: Domestic tourism increased by 5.5%.

A: Spain had 85.2 million international visitors in 2023.

A: The British market exceeded 2019 figures in the last quarter of 2023.

A: Occupancy grew by 7.4% in 2023 compared to 2022.

A: The occupancy rate was 72.8% in 2023.

A: The ADR value was €144.5 in 2023.

A: The RevPAR value was €105.1 in 2023.

A: The hotel investment volume was €4.2 billion in 2023.

A: There were 171 hotel asset transfers in 2023.

A: 21,000 rooms changed ownership in 2023.

A: 85% of hotel transactions involved high-end hotels.

A: Hotel portfolios contributed 64% to the total investment volume in 2023.

A: Investment funds accounted for over 70% of the total investment volume.

A: Private investors accounted for 13% of the total investment volume.

A: Hotel chains accounted for 10% of the total investment volume.

A: The primary sources of capital among international buyers were Saudi Arabia, UAE, and Singapore.

A: The Olayan Group acquired the Mandarin Oriental Barcelona.

A: The transaction value for the Mandarin Oriental Barcelona was over €200 million.

A: GIC acquired a stake in HI Partners.

A: The HI Partners portfolio consists of 73 operational hotels.

A: Madrid and Barcelona are the top cities for hotel investment in 2024.

A: The Spanish hotel market is defined by family-owned businesses.

A: Examples of family-owned businesses in the Spanish hotel market include Melia, Iberostar, Barcelo, and Riu.

A: Spain offers opportunities for new hotel brands, making it an attractive destination for expanding hotel businesses.

A: 4-star hotels hold the majority share in the Spanish hotel market.

A: The 5-star hotel category in Spain has experienced a growth of 12% in rooms.

A: International hotel groups prefer management and franchise contracts.

A: Owner-operated hotels dominate with 58% of rooms from hotel groups in Spain.

A: International hotel companies have the opportunity to transform branded hotels in Spain.

A: Four Seasons and Rosewood have recently entered the Spanish market.

A: The resort segment accounts for 66% of rooms in Spain.

A: The urban segment accounts for 34% of rooms in Spain.

A: Both Four Seasons and Rosewood are focusing on Madrid in Spain.

A: Radisson is focusing on Bilbao in Spain.

A: Ibis (Accor), HIEX (IHG), and B&B are focusing on secondary destinations in Spain.

A: Spain is projected to have 113.8 million travelers in 2024.

A: Spain is projected to have 352 million overnight stays in 2024.

A: Foreign tourism in Spain is projected to grow by 2.5% in 2024.

A: The ADR in Spain is projected to increase by 2.3% in 2024.

A: Occupancy values in Spain are expected to increase by 1.1% in 2024.

A: RevPar in Spain is projected to increase by 3.4% in 2024.

A: The ADR is forecasted to increase by 3% annually by 2025.

A: Hotels were forced to close entirely due to facing zero revenue.

A: The hotel sector is viewed as a mainstream asset class and has attracted investors.

A: Investors demand the profitable use of spaces in hotels.

A: Hotels have shifted focus to bedrooms and outsourced food and beverage, housekeeping, and spa services.

A: The luxury segment considers food and beverage as a destination, requiring close oversight.

A: Bars and restaurants can drive ADR, making them an important aspect of hotel operations.

A: Local sourcing and seasonal products help keep costs lower in dining operations.

A: Wage inflation causes hotel owners to lose sleep due to increased operational costs.

A: A motivated team is created by providing a welcoming back-of-house experience.

A: Technology enhances service, frees up the team, and increases knowledge of operations in hotels.

A: Outsourcing can help hotels reduce the number of team members they need to manage directly.

A: Outsourcing can alleviate risk for asset managers by delegating certain tasks to external parties.

A: Messaging is a key factor in creating a seamless experience for guests, ensuring smooth communication and service delivery.

A: Messaging helps create a relationship with guests by facilitating communication and enhancing their overall experience.

A: Guests are more likely to choose indulgent options like a burger and an extra bottle of wine.

A: Spa operations require privacy and space to ensure a comfortable and relaxing environment for guests.

A: Yes, guests are willing to pay extra for private space, which enhances their comfort and experience.

A: Technology can assist with booking treatments and spa time, making the process more convenient for guests.

A: Hotels can connect with the local community by including community shops and artists in their offerings.

A: Hotels can offer merchandising that includes local products, providing guests with unique and authentic items.

A: Hotel rooftops can be developed into destination bars, offering guests a unique and enjoyable experience.

A: Hotels can rent out their facade for major film posters, providing a unique advertising space.

A: The Carlton in Cannes rents out its facade for major film posters during the film festival.

A: Hotels can provide more choices for guests by offering a variety of services and amenities.

A: GAS emphasizes the importance of having a clear vision for asset success.

A: A luxury hotel must begin with a strategy to ensure its success.

A: A strategy defines the market, means, money, meaning, and magic in luxury hotel management.

A: The market targets ultra-high-net-worth individuals or affluent experiential travelers.

A: The means differentiate through location, design, Michelin-starred dining, and global brand strength.

A: Money sustains long-term growth in luxury hotel management.

A: Meaning guides design and marketing choices in luxury hotel management.

A: Magic drives loyalty, advocacy, and investor confidence in luxury hotel management.

A: A plan translates strategy into tactical execution in luxury hotel management.

A: GAS refuses to draw plans until strategic questions are answered, ensuring alignment with the overall strategy.

A: Plans made without a strategy create motion without meaning, lacking direction and purpose.

A: GAS begins with strategy to ensure a solid foundation for luxury hotel management.

A: The original plan for the Caribbean client was to build another luxury resort.

A: The strategy revealed a wellness-led retreat opportunity for the Caribbean client.

A: The wellness-led retreat is designed for a high-yield, low-volume audience.