This book serves as a guide to asset managers. It offers the most updated information concerning asset management to assist the managers to upgrade their professionalism. It introduces the history, development and future of hotel asset management, discusses the elements of asset management cycle, and explains the principles of asset management planning process. It provides the asset managers with the guide and enlightenment to enhance their working efficiency. For instance, the part of ""development tendency"" involves the elements influencing and adjusting the asset management practice nowadays, thus laying a solid foundation for those who are intended to explore the principles of asset management or to seek further development in the cause of the asset management of tourism hospitality real estate industry.

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