Hotel Asset Manager

1 month ago


Vancouver, British Columbia, Canada EightSix Network Full time

Job Summary

We are seeking a seasoned Hotel Asset Manager to oversee the performance of our hotel assets in Western Canada. The ideal candidate will have a strong background in hotel and hospitality asset management, financial analysis, and project management skills.

Key Responsibilities

  • Manage and lead on-site hotel managers, conducting regular inspections and meetings with GMs and department heads.
  • Monitor portfolio performance, adjusting strategies as needed to maximize returns.
  • Own the outcome for all assets under management, preparing monthly reports for senior management and ownership.
  • Monitor market trends to identify opportunities to increase cash flow and profits.
  • Create and implement Revenue Management strategies, setting pricing for business segments and room types.
  • Research and evaluate potential competition and threats in the market.
  • Create and achieve budgets, including Capital Expense requirements.
  • Manage communication and negotiations with Franchises, including audits and brand standards.
  • Maintain up-to-date knowledge of brand standards and attend related conferences.
  • Regularly monitor physical conditions of each building and recommend repair & maintenance projects.
  • Monitor purchases, review vendor quotes, and provide recommendations.
  • Conduct due diligence and handover process for new asset acquisitions.
  • Act as project lead for renovation and Property Improvement Plan initiatives.

Requirements

  • Relevant degree or diploma in hotel management preferred.
  • Minimum 3 years experience as Hotel General Manager or Hotel Asset Manager.
  • Experience with Hotel Franchises beneficial.
  • Strong fundamentals in Excel.

Corporate Culture

  • Competitive salary and bonus structures.
  • Health Insurance benefits.


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