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The asset manager needs to balance the manager's requests with external factors and the owner's objectives (think asset management strategy, hold period, hold vs. sell,
The asset manager needs to balance the manager's requests with external factors and the owner's objectives (think asset management strategy, hold period, hold vs. sell, financial impact, etc.). What factors should an asset manager consider when a property is requesting a project that they are not convinced should be approved for the upcoming year's budget. For your discussion, propose three meaningful questions that the asset manager could ask the hotel management team about the project that would give them more insight to make a better decision regarding the approval (or rejection) of the project. Why do you think these are important/meaningful questions (answer this for each question)
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