Hotel Asset Manager

The goal of hotel asset management is to help the asset management teams (AM) maximise the value of an investment portfolio over time. He / She will report to the COO Asset Management.

Primary Responsibilities

Review, monitor and follow up on the hotels' performance to optimise profit while ensuring the highest guest experience and maximising the assets' value.

Carry out regular site visits to ensure that the asset meets the correct quality technical specifications and is in ongoing compliance with applicable legislation and regulations.

Participate in acquisitions to assist in underwriting and transition activities to asset management.

Manage reporting information to external parties (clients, consultants).

Assist in refining best-in-class asset management policies and procedures.

Assessing management company marketing effectiveness to drive and maintain census at the properties

Analysing monthly census and financial performance (revenues, costs and EBITDA) to maximise the Owner's returns and expectations while protecting its interests.

Participating in monthly reviews of the properties.

Collect property reports from the property manager and prepare a summary for client submission.

Preparing monthly and quarterly status reports for each property

Oversee various capex projects, including review of approval of scope, contracts.

Analyse and report on the market competition of each property

Provide support on Revenue Management

Provide overall support to GAS corporate, e.g., marketing, sales, publication, research, and assist management on various assignments.

Cost management : formulate recommendations for bottom-line optimisation.

Support the effective management of operations by advising on matters of policy and procedure and ensuring that any urgent issues are addressed correctly and following the management agreement.

Topline management : market review and review of revenue and yield management strategy for the hotel to help the Asset Management teams set pricing strategies to maximise operating profit for the hotel

Review productivity and propose solutions to improve efficiency at the staff level.

Collating, preparing and uploading documents to virtual data room

Review cashflows

Assist in the preparation and reporting to the clients

Produce asset management reports as AM reasonably requests.

Annual Budget and Plan Review— Recommend changes to the Annual Budget and Plan and oversee, direct and monitor implementation.

Any other tasks requested by the Asset Management team.

Requirements

Bachelor's Degree

4-6 years of hotel experience in operations and finance in hospitality or a consulting firm related to the hotel industry

Advanced analytics of financial statements (income statement, balance sheet, statement of cash flows) and reporting experience

Familiarity with marketing in the hotel industry

Established organisational skills and ability to handle multiple projects simultaneously.

Extensive computer skills, including Excel, Word, and PowerPoint

Strong communication and interpersonal skills for liaising with clients and property managers; excellent presentation skills; the candidate should be able to confidently explain complex problems and content to broad audiences, both internal and external.

Ability and willingness to travel on an as-needed basis

Clear communication (written and verbal) in English is a must, and other languages like Spanish, French, German, or Italian are a plus

Spain based

What do we offer

Possibility of developing professionally in the major independent company in the world that specialise in hotel asset management

Hybrid work based in Spain

Competitive Remuneration package

A dynamic professional work environment with excellent potential for growth and development

Exposure to international business and assignment of large projects