Robert Mandelbaum and Tim Dick
Robert Mandelbaum is Director of Research Information Services for CBRE Hotels Research. Tim Dick, Ph.D., leads CBRE Hotels’ Southeastern Advisory Practice and serves as the National Practice Leader of the Hotels Asset Management practice. To manage and benchmark the performance of your management company, please contact tim.dick@cbre.com.
Fluctuating Fees: The Impact of the COVID-19 Industry Recession on Management Fees
Hotel management contracts typically include two primary components of compensation for the management company—a base fee and an incentive fee. The base management fee is generally derived as a percentage of total revenue. In...