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Versatile Asset Management primarily manages hotel assets for

private, full-service real estate acquisition and development companies.

POWERFUL INTERACTIONS

In the world of hospitality management, the way we conduct our business at Versatile Asset Management is unique. We believe financial success is derived through maximizing the powerful interaction of our guests, our associates and our capital partners. Our understanding of the importance of these relationships drives our ongoing achievement.

  • Our associates are recognized and rewarded. This creates satisfied, loyal associates, who are engaged in bringing the heart of home to our guests 24 hours a day.

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  • Because of our associates, our guests experience exceptional hospitality and accommodations. As a result, guests return and recommend us to others, and our market share grows.

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  • Our capital partners are then assured of enduring revenue, followed by our ability through enhanced business operations to generate growth in earnings.

ENGAGED LEADERSHIP

The founders and senior leaders of Versatile Asset Management are fully engaged in day-to-day operations, revenue activities and accounting practices for the company. This level of personal engagement maintains a clear line of communication and accountability amongst all associates.

DURABLE REVENUE STREAMS

We achieve consistent annual revenue growth in each of our hotels from its opening day. Along with consistent revenue growth, our exceptional systems result in reduced capital investment and operating costs. Our pre-opening service is proven to generate fast revenue ramp-ups, up to 50% above the industry norms, and to secure our target market share and stabilized occupancy within 3 to 6 months of hotel openings our ongoing achievement.

Further profits are realized through cost containment:

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  • Outstanding service for our guests results in preference, loyalty and referrals. It's easier and less costly to keep an existing customer than to attract a new one.

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  • Because of our methodology in attracting and retaining talented associates, individual productivity is greatly enhanced.

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  • We have pride in ownership of all hotel assets. Proper care insures a long asset life.

HOTEL MANAGEMENT BLUEPRINT

At VAM, we use a consistent management blueprint across all properties. This blueprint enables us to replicate our success across different markets and hotel brands. It provides us the flexibility to respond to changing conditions. Our approach can be distinguished in many features of our operation.

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