Hotel Asset Manager (Bilingual in Korean)
[Job Summary]
The Hotel Asset Manager/Associate will be responsible for optimizing the performance of a portfolio of hotels by overseeing both property-based and management company representatives. This individual will also be responsible for conceiving new revenue generating ideas across the portfolio. The position will require close interaction and collaboration with company leadership and external operating partners. The candidate will need the ability to work in a fast-paced, constantly changing environment. This is a revenue management-focused position that requires analytic skills.
[Job Description]
Specific responsibilities include:
- Hands on ongoing processes, including acquisition/underwriting/due diligence, financing and lender reviews, transactional readiness, capital expenditures recommendations/approvals, labor strategy, renovation design and construction, and brand compliance
- Review monthly operating reports to help track operating performance, operating budget variances, and significant changes in the assets and their respective markets
- Assess, develop, and implement value-enhancement opportunities for each asset in both operational and capital disciplines; this entails understanding the property from both operational and real estate perspectives
- Monitor the progress of capital improvement projects and spending for adherence to approved plans and identify