Hospitality Asset Manager

Tiempo Completo

RESPONSIBILITIES

• Optimize asset performance by focusing on financial performance, market positioning, and capital deployment at the hotels, in coordination with the owners and the management team.
• Financial Performance – Assist in the preparation and review of annual operating budgets. Review monthly financial statements and make recommendations to hotel management teams with regards to revenue strategies and cost control initiatives to ensure achievement of budgeted results. Monitor monthly cash flow and partner distributions.
• Marketing Positioning – Monitor revenue strategies to achieve growth in RevPAR share in local market, competitive-set, product quality and brand contribution.
• Maintain asset summaries, loan summaries, and investment models.
• Review monthly and quarterly ownership reports and annual business plans and presentations.
• Assist in the preparation and approval of annual capital budgets. Oversee FF&E reserve funds and major repair and maintenance projects at the hotels.
• Develop a strong working relationship with the corporate management team in operations, accounting, sales, revenue management, and engineering to achieve results. 
• Discuss fixed costs, including property tax appeals, insurance renewals, and various leases with corporate management team.

REQUIREMENTS

• Bachelor’s degree in hospitality management, real estate, finance or related field.
• Minimum of five years of experience in the lodging industry, preferably in the areas of asset management, financial analysis, or operations.
• A result-oriented professional with a track record of managing multiple hotel projects.
• Ability to work independently and as part of team.
• Creative negotiator who focuses on finding solutions.
• Strong financial and analytical skills in the areas of investment analysis, real estate finance, and feasibility studies. Advanced knowledge of Excel.
• Excellent verbal and written communication skills
• Capacity to travel as needed to conduct hotel on-site reviews, attend meetings, and oversee projects and initiatives.

SALARY

• Competitive Wages (to be determined)

BENEFITS

• Retirement Plan
• Paid Vacation
• Medical, dental, and vision plans
• Company‑paid life insurance
• Short‑term and long‑term disability insurance
• Paid holidays
• Paid sick leave
• 40‑hour work week (Monday - Friday)