Question 1

What is hospitality asset management?

Accepted Answer

Hospitality asset management is the active representation of the hotel owner's interests vis-a-vis the hotel operator, with the objective of maximising returns, monitoring operational performance, and protecting the long-term value of the asset.

Question 2

What is a Private Fee Protection Agreement (FPA)?

Accepted Answer

A Private Fee Protection Agreement (FPA) is a contractual structure that aligns the asset manager's compensation with the owner's net return, ensuring 100% alignment of interests and eliminating conflicts with the operator.

Question 3

Does ALMAS Hospitality operate in Ras Al Khaimah and Marjan Island?

Accepted Answer

Yes. ALMAS Hospitality has an active operational presence in Ras Al Khaimah and Marjan Island developments. Local operations are led by Basheer Bakroun, ensuring full UAE regulatory compliance and licensed local representation.

Question 4

How is ALMAS different from a hotel management company?

Accepted Answer

ALMAS is not a hotel operator. We represent owners exclusively, with no conflict of interest with any operator, brand, or franchise. This gives hotel owners independent, objective counsel at every stage of the asset lifecycle.

Single-Point Accountabilityfrom Land to Exit

Single-Point Accountability
from Land to Exit