Asset depreciation for hospitality

Hotels and resorts carry heavy FF&E — furniture, fixtures, equipment, TVs, AV and kitchen gear — that depreciates on different schedules and is refreshed property by property. When depreciation lives in a spreadsheet separate from the asset register, owners lose sight of true asset value and capex timing, and multi-property groups can’t roll up a clean number. Asetavo ties depreciation to the room-level register and audits, so each item’s net book value stays correct as it’s moved between rooms, refurbished or disposed. For hospitality finance teams, that means accurate valuations per property, cleaner group reporting and realistic planning for the next refurbishment cycle.