ExcelsiorAsset Management & Advisory

Trends · The weekly note

One signed note a week, on where hospitality is going.

Each note takes one development, states a position and shows the numbers behind it. It is published here first, then on LinkedIn and Instagram, and filed under its practice.

The first notes

Publishing from launch.

AM · Note 01

Key money is back. Read the clawback first.

What an operator’s cheque buys, and what it costs the owner in fees and freedom.

AM · Note 02

Are you buying the peak?

Three-year growth against five-year growth, occupancy and the Net Promoter Score.

FB · Note 03

The seat hour is the unit.

Why restaurants should be run on RevPASH, not food cost.

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