Current jobs related to Director of Asset Management - Philadelphia, Pennsylvania - HHM Hotels

  • Director of Asset Management

    5 days ago

    Philadelphia, Pennsylvania, United States HHM Hotels (Philadelphia Corporate) Full time

    Job Title: Director of Asset ManagementAbout the Role:HHM Hotels (Philadelphia Corporate) is seeking a seasoned Director of Asset Management to join our team. As a key member of our asset management team, you will be responsible for driving shareholder value through the development and implementation of operational, management, and repositioning strategies...

  • Director of Asset Management

    7 days ago

    Philadelphia, Pennsylvania, United States HHM Hotels (Philadelphia Corporate) Full time

    About the RoleWe are seeking a highly skilled Director of Asset Management to join our team at HHM Hotels (Philadelphia Corporate). As a key member of our asset management team, you will be responsible for driving shareholder value and overseeing a portfolio of luxury, upscale, and midscale hotel assets.Key ResponsibilitiesDevelop and implement operational,...

  • Director of Asset Management

    2 weeks ago

    Philadelphia, Pennsylvania, United States HHM Hotels (Philadelphia Corporate) Full time

    About the RoleWe are seeking a highly skilled and experienced Director of Asset Management to join our team at HHM Hotels (Philadelphia Corporate). As a key member of our asset management team, you will be responsible for creating shareholder value and driving the growth of our luxury, upscale, and midscale hotel assets.Key ResponsibilitiesDevelop and...

  • Senior Financial Risk Management Leader

    2 weeks ago

    Philadelphia, Pennsylvania, United States Aegon Asset Management Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Financial Risk Management Leader to join our team at Aegon Asset Management. As a key member of our risk management function, you will be responsible for providing strategic leadership and guidance on financial risk management across the organization.Key ResponsibilitiesDevelop and...

  • Director, Asset Performance Management Products

    3 days ago

    Philadelphia, Pennsylvania, United States Stem Full time

    Job Title: Director, Asset Performance Management ProductsStem is a leading provider of clean energy solutions and services designed to maximize the economic, environmental, and resiliency value of energy assets and portfolios. As the Director, Asset Performance Management Products, you will lead our APM (Asset Performance Management) product team,...

  • Director, Asset Performance Management Products

    3 days ago

    Philadelphia, Pennsylvania, United States Stem Full time

    About the RoleStem is seeking a seasoned product leader to drive the success of our Asset Performance Management (APM) product suite. As the Director of APM Product Management, you will be responsible for overseeing the entire product lifecycle, from concept to launch and beyond. This role requires a strategic thinker who can drive product strategy,...

  • Asset Protection Manager

    7 days ago

    Philadelphia, Pennsylvania, United States HOME DEPOT U.S.A., INC. Full time

    Job Title: Multi-Store Asset Protection ManagerAt Home Depot U.S.A., Inc., we are seeking a highly skilled and experienced Multi-Store Asset Protection Manager to join our team. This role is responsible for driving core programs and strategies relating to theft and fraud mitigation, operational excellence, safety, and environmental compliance in our...

  • Asset Management Specialist

    7 days ago

    Philadelphia, Pennsylvania, United States Campus Apartments Full time

    {"Overview": "Campus Apartments is a leading vertically-integrated real estate company that acquires, develops, and operates on- and off-campus university-related real estate. As one of the nation's largest student housing operators, we own and/or manage a portfolio of over 25,000 beds in 18 states, representing over $2.0 billion in assets under...

  • Vice President of Asset Strategy

    3 weeks ago

    Philadelphia, Pennsylvania, United States HHM Hotels Full time

    Position OverviewIf you are considering a career opportunity with us, please ensure you align with the qualifications outlined below.Role:Vice President of Asset StrategyHHM Hotels boasts a robust and expanding investment portfolio comprising around 30 properties. Additionally, HHM manages over 235 hotels throughout North America.This organization...

  • Asset Management Specialist

    2 weeks ago

    Philadelphia, Pennsylvania, United States Campus Apartments Full time

    About Campus ApartmentsCampus Apartments is a leading vertically-integrated real estate company that acquires, develops, and operates a diverse portfolio of university-related properties, including undergraduate, graduate, and faculty housing, as well as retail, hotel, and academic/administrative office space. With a presence in 18 states and a portfolio of...

  • Asset Protection Manager

    2 weeks ago

    Philadelphia, Pennsylvania, United States The Home Depot Full time

    The Multi-Store Asset Protection Manager plays a pivotal role in driving core Asset Protection initiatives across multiple stores. This key position is responsible for developing and implementing effective strategies to prevent loss and protect company assets. The ideal candidate will possess strong leadership skills, with the ability to coach and train...

  • Manager of Capital Projects and Asset Management

    3 weeks ago

    Philadelphia, Pennsylvania, United States Philadelphia Gas Works Full time

    Overview:Philadelphia Gas WorksAre you ready to take your career to the next level?The Philadelphia Gas Works (PGW) stands as the largest municipally-owned gas utility in the United States, delivering gas services to over 500,000 customers within the City of Philadelphia. Since its inception in 1836, PGW has evolved into a modern and expansive facility. As a...

  • Global Head of Macquarie Asset Management Equities and Multi-Assets Technology Leader

    2 weeks ago

    Philadelphia, Pennsylvania, United States Macquarie Bank Limited Full time

    Job DescriptionRole SummaryThe Global Head of Macquarie Asset Management Equities and Multi-Assets Technology will play a critical role in driving the digital transformation of our asset management business. This individual will partner with senior leaders to develop and implement technology strategies that enhance our operations and deliver innovative...

  • Inpatient Pharmacy Manager Operations Director

    2 weeks ago

    Philadelphia, Pennsylvania, United States Clinical Management Consultants Full time

    About the Role:Clinical Management Consultants is seeking a highly skilled and experienced Inpatient Pharmacy Manager Operations Director to join our team. As a key member of our organization, you will be responsible for overseeing the daily operations of the inpatient pharmacy, including scheduling, inventory management, and workflow.Key...

  • Global Head of Macquarie Asset Management Equities and Multi-Assets Technology Leader

    6 days ago

    Philadelphia, Pennsylvania, United States Macquarie Bank Limited Full time

    About the RoleWe are seeking a highly skilled and experienced technology leader to join our team as the Global Head of Macquarie Asset Management Equities and Multi-Assets Technology. As a key member of our leadership team, you will play a critical role in driving the development and implementation of innovative technology solutions to support our business...

  • Multifamily LIHTC Asset Manager Senior Associate

    2 weeks ago

    Philadelphia, Pennsylvania, United States Fannie Mae Full time

    Job DescriptionFannie Mae is seeking a highly skilled Multifamily LIHTC Asset Manager Senior Associate to join our team. As a key member of our organization, you will be responsible for the post-closing management activities of our equity portfolio.Key ResponsibilitiesRelationship Management: Act as the primary point of contact with syndicator partners,...

  • Senior Technology Strategist for Global Asset Management

    2 weeks ago

    Philadelphia, Pennsylvania, United States Macquarie Bank Limited Full time

    About the RoleWe are seeking a highly experienced and skilled professional to lead our technology strategy for global asset management. As the Global Head of Macquarie Asset Management Equities and Multi-Assets Technology, you will be responsible for driving innovation and digital transformation across our operations.Key ResponsibilitiesDevelop and implement...

  • Global Head of Macquarie Asset Management Equities and Multi-Assets Technology Leader

    2 weeks ago

    Philadelphia, Pennsylvania, United States Macquarie Bank Limited Full time

    About the RoleAs a key member of Macquarie Asset Management's leadership team, you will play a critical role in driving the company's technology strategy and vision. With a focus on innovation and collaboration, you will work closely with cross-functional teams to develop and implement cutting-edge solutions that drive business growth and excellence.Key...

  • Marketing Director

    5 days ago

    Philadelphia, Pennsylvania, United States Evolution Management Consultants Full time

    Job Title: Director of MarketingWe are seeking a highly skilled and experienced Director of Marketing to join our team at Evolution Management Consultants. As a key member of our leadership team, you will be responsible for developing and implementing strategic marketing campaigns to drive revenue growth and enhance our brand reputation.Key...

  • Marketing Director

    1 day ago

    Philadelphia, Pennsylvania, United States Evolution Management Consultants Full time

    Job Title: Director of MarketingWe are seeking a highly skilled and experienced Director of Marketing to join our team at Evolution Management Consultants. As a key member of our leadership team, you will be responsible for developing and implementing strategic marketing campaigns to drive revenue growth and enhance our brand reputation.Key...

Director of Asset Management

4 months ago

Philadelphia, Pennsylvania, United States HHM Hotels Full time


Overview

Opportunity: Director of Asset Management

HHM Hotels has a stable and growing investment portfolio of approximately 30 hotels. In addition, HHM operates over 235 hotels across the United States and Canada. It provides turnkey hotel management, investment, and asset management for properties with leading brand affiliations through Marriott, Hilton, Hyatt and IHG. HHM also operates approximately 50 independent hotels ranging from The Rittenhouse Hotel, a Forbes Four-Star property in Philadelphia, to the Larkspur Landing hotels, all-suite extended stay properties.

The individual will be responsible for a portfolio of luxury, upscale, midscale hotel assets, as well as supporting the Senior Vice President. The main function of this position will be creating shareholder value.

Your Growth Path

Senior Director of Asset Management – Vice President of Asset Management

Your Focus


• Perform asset management activities, including development of operational, management and repositioning strategies and adherence to the detailed business plan


• Act as the owner / joint venture representative in interactions with hotel teams to ensure owner strategies are effectively implemented


• Proactively engage with hotel and regional operations teams to create and implement operating models that maximize revenue and profitability


• Prepare and present weekly, monthly, quarterly, and annual asset management and portfolio reports, cash flow forecasts, and distribution analyses


• Revise strategies and the accompanying business plan to address changes in market and/or property conditions as well as any amended investment strategies


• Perform detailed review of weekly forecasts and pace reports, monthly income statements, STR reports, brand quality assurance audits, guest surveys and revenue management strategies to identify weaknesses and inefficiencies as well as revenue enhancement opportunities


• Provide recommended solutions to any operational issues that could impact the financial performance of an asset


• Actively participate in weekly revenue calls with hotel teams and identify and implement actions to protect and gain market share


• Conduct regular expense reviews to ensure that the assets are meeting or exceeding targeted operating margins and flex / flow metrics


• Conduct Monthly Operating Reviews with hotel and regional operations teams to review all areas of the operation; ensure that the asset is on track to meet or exceed approved business plan


• Review and analyze each asset's annual business plan, sales and marketing plan, and annual budget; engage with hotel teams to discuss risks and opportunities related to the annual plan and budget


• Track market activity to remain current on trends and events affecting the hospitality industry, as well as local market dynamics including supply and demand changes and trends


• Negotiate and ensure compliance with third-party leases, franchise agreements, property improvement plans, and other vendor related documents that impact hotel operations


• Prepare and update 5-year forecasts for each asset on a quarterly basis to drive the quarterly valuation process


• Ensure that the physical integrity of the assets is maintained at an institutional quality level, via robust engineering, and preventive maintenance programs


• Assist in the underwriting process for new acquisitions, assess market risk and opportunities, conduct benchmarking analyses, identify and incorporate asset-level value add opportunities into the pro forma underwriting


• Analyze and report on asset level performance compared to industry benchmarks and company key performance indicators as determined through the underwriting and business plan.

Capex Management


• Work closely with the internal project management team and consultants to create capital budgets that help maximize revenue and profitability, and enhance the long-term value of the asset


• Monitor the management and implementation of capital renovation projects and operating activities, and work with project management to ensure that capital projects are completed within the approved budget and timeline

Your Background and Skills


• At least 7 years of experience managing hospitality assets, preferably in real estate private equity or real estate asset management.


• Deep experience in institutional asset management, and strategic asset planning with a drive for excellence and a passion for the hospitality sector


• Broad geographic asset management and operational expertise


• Proven track record of delivering superior asset value and investment returns


• Familiar with acquisitions, the underwriting process, and transitioning assets pre and post closing


• Exceptional analytical skills and operational acumen to oversee and refine asset-level analyses


• Effective presentation skills, including strength in verbal and written communications


• An entrepreneurial spirit, with strong work ethic and high degree of self-motivation


• A proactive, forward-looking approach to hospitality asset management


• Ability to adapt to shifting market dynamics and develop innovative solutions


• A collaborative nature, with a willingness to build and sustain productive working relationships with colleagues across various teams


• Ability to influence hotel brands, and create change at the asset level


• Proficiency in applicable software


• Willingness to travel significantly to various assets nationally


• Undergraduate degree; MBA or other related graduate degree a plus

HHM Benefits and Perks

  • Competitive wages for full time and part time opportunities
  • Medical, Dental and Vision Health Insurance
  • Paid Time Off
  • 401k Company Match
  • Free Basic Life Insurance
  • Travel Discounts
  • Commuter Transit and Commuter Parking Benefits
  • Employee Assistance and Wellness Program
  • Educational/Professional Development
  • Referral Bonus Program

What We Believe

People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It



About Us

HHM Hotels is proud to be an equal-opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status, or any other group protected by law.

Source: Hospitality Online