Hotels at all price levels have achieved "operational excellence" and know how to run a clean, well-managed property, she said.
"Most funds realise they need operational managers who know how to grow a business in the region," says one local analyst.
Part of that is simply the operational know-how from Mr. McCourt's long construction experience.
Behind the headlines, the collective technology and operational know-how of the record-seekers contributed to modern airline travel.
CCTV, the main state television network, has named him its "Economic Person of the Year" not once but twice.Given his firm's operational know-how and its sensible diversification strategy, it would be wrong to dismiss him as just another Asian crony capitalist living off his connections.
The new investors were chosen for their operational know-how, not just their dollars, Lin adds.
Other cities can learn from Singapore on two scales associated with institutional overhaul and/or operational know-how.
Andreessen Horowitz very savvily positioned itself as a firm with a lot of operational know-how that goes beyond solely providing capital to startups.
"Silk Ventures was built to change the way Chinese capital marries Western technologies, and we pride ourselves on the cultural and operational know-how within our expanding team," says Anton.
This may take the form of 'smart money' (i.e. investors who don't just drop money into the startup for equity, but also offer advice, contacts, or other ways of championing their investments), procedural advice, or operational know-how.
