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Seeking a Hospitality Asset Manager for a leading real estate investment firm managing a diverse portfolio of hotel properties.
The Hospitality Asset Manager will be responsible for overseeing the financial and operational performance of assigned hotel assets, with a focus on maximizing profitability, enhancing asset value, and supporting long-term strategic objectives. This role requires strong financial acumen, in-depth knowledge of hotel operations, and the ability to collaborate with property teams and stakeholders to drive performance improvements. The ideal candidate is results-oriented, analytical, and experienced in the hospitality industry.

Key Responsibilities:

• Monitor and evaluate the financial performance of hotel assets, identifying trends, variances, and areas for improvement.

• Develop and implement strategies to optimize revenue, profitability, and asset value.

• Conduct detailed financial analysis, including budgeting, forecasting, cost control, and revenue management.

• Participate in weekly revenue calls and provide oversight on forecast accuracy and performance drivers.

• Prepare and present financial performance reports to senior management and ownership.

• Approve and manage annual budgets to ensure alignment with investor return objectives.

• Collaborate with hotel management teams to support operational efficiency and service quality.

• Conduct regular property inspections to evaluate standards, identify opportunities, and ensure alignment with brand and ownership expectations.

• Lead the planning and execution of capital expenditure projects and renovations.

• Perform property valuations and market assessments to identify growth opportunities and support investment decisions.

• Conduct financial modeling and scenario analysis to guide asset strategy and investment planning.

• Identify potential risks and develop proactive mitigation strategies.

• Ensure compliance with relevant laws, regulations, and brand standards.

• Serve as a liaison between property owners, operators, and other stakeholders, providing clear communication on asset performance and strategic initiatives.

Qualifications:

• Bachelor's degree in Finance, Business Administration, Hospitality Management, or a related field.

• Minimum of 10 years of experience in hospitality asset management or a comparable senior management role in the hotel industry.

• Strong analytical and financial modeling skills with a deep understanding of hotel financial statements.

• Proven ability to drive performance and enhance asset value through strategic oversight.

• Excellent communication and negotiation skills with the ability to influence stakeholders at all levels.

• Proficiency in financial analysis tools, asset management systems, and Microsoft Excel.

• Willingness to travel as needed for property visits and meetings.

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