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1 day ago
Job Title: Hospitality Asset Leader
The Hospitality Asset Leader is a strategic role that oversees the management, enhancement, and optimization of hospitality assets.
Key Responsibilities:
- Asset Performance Optimization:
- Monitor and drive financial and operational performance of hotel and restaurant assets
- Lead budget finalization process with operating partners to ensure goals are embedded
- Conduct regular performance reviews versus budgets; analyze deviations and implement corrective actions
- Analyze RevPAR, GOP, ADR, occupancy, and EBITDA trends; optimize ROI through data-driven insights
- Benchmark with industry data and STR reports to ensure competitiveness
- Commercial Asset Management:
- Manage leasing, tenant relationships, and yield enhancement at commercial developments
- Oversee CAM, tenant compliance, facilities, and lifecycle maintenance
- Structure monetization strategies through leasing, joint ventures, or selective exits
- Land Bank Development:
- Drive development of land banks in key markets
- Manage RFPs for architects, contractors, and brand/operator tie-ups
- Evaluate feasibility, design concepts, and financial models for new hotels, resorts, and mixed-use developments
- Ensure timely execution and statutory approvals
- Brand & Operator Engagement:
- Identify suitable hotel brands across segments
- Negotiate management agreements and commercial terms
- Govern operator relationships to ensure compliance with financial and brand objectives
- Reporting & Strategic Input:
- Maintain MIS dashboards and board presentations on asset performance
- Support senior leadership in preparing investment strategy papers, pitch decks, and deal structuring
- Track hospitality and real estate trends for informed decision-making
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