at Beacon Hill Solutions Group, LLC in Montpelier, Vermont, United States
Job Description
Seeking a Hospitality Asset Manager for a leading real estate investment firm managing a diverse portfolio of hotel properties.The Hospitality Asset Manager will be responsible for overseeing the financial and operational performance of assigned hotel assets, with a focus on maximizing profitability, enhancing asset value, and supporting long-term strategic objectives. This role requires strong financial acumen, in-depth knowledge of hotel operations, and the ability to collaborate with property teams and stakeholders to drive performance improvements. The ideal candidate is results-oriented, analytical, and experienced in the hospitality industry.
Key Responsibilities:
- Monitor and evaluate the financial performance of hotel assets, identifying trends, variances, and areas for improvement.
- Develop and implement strategies to optimize revenue, profitability, and asset value.
- Conduct detailed financial analysis, including budgeting, forecasting, cost control, and revenue management.
- Participate in weekly revenue calls and provide oversight on forecast accuracy and performance drivers.
- Prepare and present financial performance reports to senior management and ownership.
- Approve and manage annual budgets to ensure alignment with investor return objectives.
- Collaborate with hotel management teams to support operational efficiency and service quality.
- Conduct regular property inspections to evaluate standards, identify opportunities, and ensure alignment with brand and ownership expectations.
- Lead the planning and execution of capital expenditure projects and renovations.
- Perform property valuations and market assessments to identify growth opportunities and support investment decisions.
- Conduct financial modeling and scenario analysis to guide asset strategy and investment planning.
- Identify potential risks and develop proactive mitigation strategies.
- Ensure compliance with relevant laws, regulations, and brand standards.
- Serve as a liaison between property owners, operators, and other stakeholders, providing clear communication on asset performance and strategic initiatives.
- Bachelor's degree in Finance, Business Administration, Hospitality Management, or a related field.
- Minimum of 10 years of experience in hospitality asset management or a comparable senior management role in the hotel industry.
- Strong analytical and financial modeling skills with a deep understanding of hotel financial statements.
- Proven ability to drive performance and enhance asset value through strategic oversight.
- Excellent communication and negotiation skills with the ability to influence stakeholders at all levels.
- Proficiency in financial analysis tools, asset management systems, and Microsoft Excel.
- Willingness to travel as needed for property visits and meetings.
California residents: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
If you would like to complete our voluntary self-identification form, please click here or copy and paste the following link into an open window in your browser: https://jobs.beaconhillstaffing.com/eeoc/
Completion of this form is voluntary and will not affect your opportunity for employment, or the terms or conditions of your employment. This form will be used for reporting purposes only and will be kept separate from all other records.
Company Profile:
Founded by industry leaders to set a new standard in search, career placement and flexible staffing, we deliver coordinated staffing solutions with unparalleled service, a commitment to project completion and success and a passion for innovation, creativity and continuous improvement.
Our niche brands offer a complete suite of staffing services to emerging growth companies and the Fortune 500 across market sectors, career specialties/disciplines and industries. Over time, office locations, specialty practice areas and service offerings will be added to address ever changing constituent needs.
Learn more about Beacon Hill and our specialty divisions, Beacon Hill Associates, Beacon Hill Financial, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences and Beacon Hill Technologies by visiting www.bhsg.com .
Benefits Information:
Beacon Hill offers a robust benefit package including, but not limited to, medical, dental, vision, and federal and state leave programs as required by applicable agency regulations to those that meet eligibility. Upon successfully being hired, details will be provided related to our benefit offerings.
We look forward to working with you.
Beacon Hill. Employing the Future™
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