Vice President of Asset Management
1 week ago
As the Director of Asset Management, you will play a pivotal role in overseeing a diverse portfolio of hotels, focusing on enhancing asset value and identifying strategic opportunities.
Key Responsibilities- Portfolio Oversight: Manage the operations, market strategies, and capital planning for a selection of hotels.
- Strategic Planning: Collaborate with the Investments team and Segment leadership to formulate and execute a comprehensive strategic plan for each asset.
- Budget Management: Review and authorize the annual operating and capital budgets for each property, ensuring alignment with market conditions.
- Performance Analysis: Work closely with hotel management teams to evaluate operations and implement strategies to enhance net operating income.
- Capital Improvement: Recommend and oversee capital projects aimed at improving property performance and returns.
- Reporting: Ensure accurate and timely asset and portfolio-level reporting, presenting actionable insights to leadership.
- Team Leadership: Mentor and guide junior team members, fostering a culture of learning and accountability.
The ideal candidate will possess:
- A minimum of 8 years of progressive experience in hotel asset management or operations.
- Strong analytical skills with a focus on profitability and operational efficiency.
- A solid financial background with knowledge of real estate investment structures.
- Experience in managing capital improvement initiatives.
- Excellent communication and interpersonal skills, capable of conveying complex information clearly.
- A willingness to travel as needed.
This leadership role will be based in a modern corporate setting, promoting a flexible work arrangement that encourages communication and collaboration.
About Choice HotelsChoice Hotels International, Inc. is a leading global lodging franchisor, offering a wide range of hotel brands to cater to various traveler needs. Our commitment to excellence is reflected in our extensive portfolio and award-winning loyalty program.
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