Asset / Senior Asset Manager

Role Purpose

1. Financial & Commercial Performance

• Oversee hotel financial performance including Revenue, GOP, EBITDA, NOI, and cash flow
• Review and challenge annual budgets, forecasts, and long-range business plans
• Analyze P&L statements, balance sheets, and cash flow reports
• Identify opportunities to optimize revenue streams, cost efficiencies, and margins
• Monitor management fees, incentive fees, and owner returns

2. Owner & Operator Relations

• Act as the primary owner’s representative with hotel operators and management companies
• Ensure compliance with Hotel Management Agreements (HMA), Franchise Agreements, and SLAs
• Lead monthly/quarterly performance reviews with operators
• Challenge operational strategies to ensure alignment with ownership goals
• Coordinate approvals related to CAPEX, staffing levels, and major initiatives

3. Asset Strategy & Value Creation

• Define and execute asset strategies to enhance long-term value
• Lead repositioning, rebranding, or soft-renovation initiatives when required
• Assess market trends, competitive set performance, and brand positioning
• Evaluate opportunities for F&B optimization, ancillary revenue, and mixed-use synergies
• Support acquisition, divestment, or refinancing initiatives as required

4. Capital Expenditure (CAPEX) & Projects

• Review, approve, and monitor CAPEX budgets and ROI
• Prioritize projects based on guest impact, revenue uplift, compliance, and asset protection
• Track execution timelines, costs, and post-implementation performance
• Coordinate with engineering, design, and project management teams

5. Risk Management & Compliance

• Ensure compliance with brand standards, legal requirements, and regulatory frameworks
• Monitor insurance, health & safety, and operational risks
• Support audits, valuations, and lender requirements
• Proactively identify risks impacting asset value and propose mitigation strategies

6. Reporting & Stakeholder Communication

• Prepare clear, data-driven reports for owners, investors, and senior leadership
• Present asset performance, key risks, and strategic recommendations
• Translate complex operational data into commercial insights
• Support board presentations and investment committee materials

Key Performance Indicators (Kpis)

• EBITDA / NOI vs Budget
• Asset valuation growth
• ROI on CAPEX
• Market share penetration (RPI, MPI, ARI)
• Cost efficiency ratios
• Compliance with management agreements

Qualifications & Experience

• Bachelor’s degree in Finance, Hospitality Management, Real Estate, or Business
• 5–10+ years’ experience in hospitality asset management, hotel finance, or ownership roles
• Strong understanding of hotel operations, revenue management, and financial modeling
• Experience managing branded hotels, lifestyle assets, or mixed-use developments preferred
• Exposure to Middle East hospitality markets is an advantage

Skills & Competencies

• Strong financial acumen and analytical capability
• Commercial mindset with strategic thinking
• Excellent stakeholder management and negotiation skills
• Ability to challenge operators constructively
• High attention to detail with a big-picture perspective
• Confident presenter with strong communication skills

Personal Attributes

• Owner-centric and value-driven
• Decisive, commercially astute, and results-oriented
• Collaborative yet firm in governance
• Comfortable working across multiple assets and brands