Can you explain the role of property management in hotel industry.?

Question

Can you explain the role of property management in hotel industry.?

Answer 1

I took a property management fundamentals class at our local college.    

The topics included:  .  

{1}finance for the hotel {budget},

{2}hotel production

{3} staffing the hotel

{4}image formation.

{5} planning conventions

{6}purchase agreements (buying more land)

{7} management contracts

Hope this helps.

Answer 2

The property management is the one above the general manager. They're the ones who own the hotel I believe.