Job Description

Job Summary
p
We are seeking a dynamic and experienced Asset Manager to oversee a portfolio of hospitality assets, including hotels, resorts, and other related properties. The ideal candidate will be a strategic thinker with a proven track record of maximizing asset value, driving sales, and optimizing business performance. This role is critical to the long-term growth and requires a deep understanding of the hospitality industry, financial analysis, and real estate markets.
/p
p
strong
Key Responsibilities:
/strong
/p
ul
li
p
strong
Portfolio Management & Strategy:
/strong
/p
ul
li
p
Develop and execute asset management strategies to enhance the value and profitability of our hospitality portfolio.
/p
/li
li
p
Conduct thorough market analysis, financial modeling, and performance benchmarking to identify opportunities for growth and improvement.
/p
/li
li
p
Evaluate potential acquisitions and dispositions, providing detailed financial analysis and recommendations to senior management.
/p
/li
li
p
Stay abreast of industry trends, competitor activities, and economic factors impacting the hospitality sector.
/p
/li
/ul
/li
li
p
strong
Ancillary revenue optimization:
/strong
/p
ul
li
p
Identify and implement value-add initiatives, including capital improvements, service enhancements, and new amenity offerings, to increase property appeal and revenue.
/p
/li
/ul
/li
li
p
strong
Financial and capital oversight
/strong
/p
ul
li
p
Review and approve annual operating and capital budgets submitted by property management teams.
/p
/li
li
p
Conduct regular on-site visits and property inspections to ensure assets are well-maintained and operating effectively.
/p
/li
/ul
/li
li
p
strong
Valuation & Reporting:
/strong
/p
ul
li
p
Lead the valuation process for all assets, preparing detailed reports on performance, valuation, and strategic recommendations for senior leadership
/p
/li
li
p
Present a comprehensive overview of asset performance and future strategies to the executive team and board of directors.
/p
/li
/ul
/li
li
p
strong
Disposals and acquisition of properties
/strong
/p
ul
li
p
Identify and evaluate opportunities for the disposal of underperforming or non-core assets within the portfolio.
/p
/li
li
p
Manage the due diligence process for all sales, including preparing accurate financial records, legal documentation, and operational data to instill buyer confidence.
/p
/li
li
p
Engage with real estate brokers and valuation experts to determine the appropriate market value and develop effective marketing strategies to attract qualified buyers.
/p
/li
li
p
Lead the negotiation of sales agreements, working with legal and financial teams to finalize terms and ensure a seamless closing process that maximizes the financial return for the business.
/p
/li
li
p
Monitor real estate and hospitality market trends to recommend the optimal timing for asset disposals, ensuring we sell at peak value.
/p
/li
/ul
/li
/ul
p
strong
Qualifications:
/strong
/p
ul
li
p
Bachelor's degree in Finance, Business, Real Estate, Hospitality Management, or a related field.
/p
/li
li
p
3 years + of experience in asset management, real estate investment within the hospitality industry.
/p
/li
li
p
Proven experience in financial modeling, valuation, and due diligence.
/p
/li
li
p
Strong understanding of hotel operations, sales, and marketing strategies.
/p
/li
li
p
Exceptional analytical, problem-solving, and decision-making skills.
/p
/li
li
p
Excellent communication, negotiation, and interpersonal skills.
/p
/li
li
p
Ability to travel as required to visit properties and attend industry events.
/p
/li
/ul
HotelJobs
Recruiter

Skills Required