The Certified Hotel Asset Manager (CHAM) designation is the world\u2019s only advanced certification available to accomplished hotel asset management professionals. CHAM designees represent an elite group of senior hospitality professionals whose advanced knowledge in all facets of hotel ownership and operations was developed over a significant number of years serving in the role of \u201clead\u201d asset manager. Their knowledge base is further validated by achieving a passing score on the comprehensive CHAM exam in addition to satisfying other designation requirements.<\/p>\n
The certification was launched in 2012 under the guidance of the Hospitality Asset Managers Association (HAMA) in order to establish industry-wide \u201cstandards of excellence\u201d within the hotel asset management profession as a means for further solidifying the institutional\/fiduciary role and expectations of a senior asset manager within the international hotel real estate community. A CHAM Advisory Panel, comprised of leading hotel asset management professionals and distinguished members of academia, is responsible for reviewing and approving all candidate applications and ensuring the exam content and questions are updated as needed to reflect the on-going evolution of the hotel asset management profession and hospitality industry. Advisory Panel members are CHAM designees appointed by the HAMA Board of Directors.<\/p>\n
Across the globe, hotel owners of all types, such as individual property owners, shareholders, lenders, pension funds, and sovereign wealth funds place many millions, if not billions, of dollars of equity and debt investments in the hands of hotel asset managers. These owners and stakeholders need certainty that the individuals directly responsible for the preservation and enhancement of asset values adequately possess the set of skills and knowledge domains required to successfully implement a comprehensive hotel investment strategy from start-to-finish. Achieving the CHAM certification announces that you have a place among the best in your profession and are capable of adequately fulfilling the role and expectations demanded of you by hotel owners and stakeholders.<\/p>\n
Once certified, designees are automatically enrolled in the CHAM Recertification Program, which recognizes and rewards continuing efforts toward hospitality career growth. A portfolio to help track professional-development activities is provided. The Advisory Panel will recertify those who qualify based on their accomplishments over the preceding five (5) year period. The CHAM designation and logo may be used on letterhead, business cards, and other writings. A list of CHAM designees can be found on the HAMA website.<\/p>\n
The CHAM designation relies first and foremost on an experience factor in determining a candidate\u2019s level of expertise in the area of hotel asset management. Documented evidence of sufficient lead hotel asset management experience is required along with letters of recommendation and payment of an exam fee in order for a candidate\u2019s application to be processed and reviewed by the CHAM Advisory Panel. Once the Advisory Panel approves the application, the candidate may take the CHAM exam as the final step in the CHAM designation process. Details behind each CHAM prerequisite are below:<\/p>\n
Seven (7) years of lead hotel asset management experience.
\nTwo (2) letters of recommendation, preferably including one (1) from a current or prior employer\/supervisor and one (1) from an \u201cend-user\u201d of the hotel asset management profession (i.e. capital partner, client, lender, etc.).
\nPayment of fee: EUR 750.- for HAMA members EUR 950.- non-members. Up to 50% of this fee may be refunded to you in the event your application is not approved.[\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” column_margin=”60px” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” top_padding=”40″ bottom_padding=”90″ text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” id=”how-to-apply” overlay_strength=”1″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”zoom-out-slow” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” top_margin=”10″ column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” el_class=”dedicated-download” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/3″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” bg_image_animation=”none” enable_animation=”true” animation=”fade-in-from-right” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_raw_html]JTNDYSUyMGhyZWYlM0QlMjJodHRwcyUzQSUyRiUyRmhhbWEtZXVyb3BlLm9yZyUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyMSUyRjEwJTJGNjk0MmhhbWFfY2hhbV9pbnRlcmFjdGl2ZV9hcHBsaWNhdGlvbl9mb3JtLnBkZiUyMiUyMGRvd25sb2FkJTNFRE9XTkxPQUQlMjBDSEFNJTIwQVBQTElDQVRJT04lM0MlMkZhJTNF[\/vc_raw_html][\/vc_column][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”2\/3″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text el_class=”about-content”]\n
Download Application (PDF) ><\/a><\/p>\n Download and complete the Application for Candidacy.<\/p>\n