Senior Asset Manager - Hospitality

Our client is a diversified UAE-based group with interests across real estate, construction, retail and hospitality. The group owns and operates a growing hospitality portfolio comprising luxury and mid-scale hotels, resorts and leisure assets in Ras Al Khaimah.

They are seeking an experienced Senior Asset Manager Hospitality to oversee portfolio performance, maximize asset value and drive long-term returns across their hospitality assets.

Role Overview

The successful candidate will act as the owner-side representative for the hospitality portfolio, working closely with hotel operators, General Managers, consultants and senior leadership to improve financial performance, optimize capital deployment and identify value-enhancement opportunities.

Duties & Responsibilities

• Use hotel management input, industry analysis/benchmarking, accounting, hotel financial analysis and computer modeling fundamentals to analyze hotel operations, business plans, capital investments, sales & marketing plans and strategic alternatives;
• Formulate and make recommendations to the Executive Committee for short and long-term strategic plans for the hotel assets;
• Keep current on all markets affecting the hospitality industry and specifically the markets in which the assets are situated, including supply and demand changes and trends;
• Examine and monitor the operating performance of the assets to ensure the return on investment in each asset is maximized;
• Meet with hotel executive teams to review monthly & quarterly operating performance, annual business plans and longer-term strategic plans;
• Proactively identify and resolve ownership issues to maintain the integrity of the assets;
• Ensure the effective deployment of capital by working with the hotel teams and third-party technical services consultants to execute and monitor each hotel's short and long-term capital plans;
• Prepare investment summaries and make recommendations for major hotel expenditures;
• Analyze and track of return on investment for the assets as well as profit improving projects, either implemented or proposed;
• Identify value enhancement opportunities within the portfolio; and Provide input to monthly, quarterly and annual internal reports to the Executive Committee for all assets in the designated portfolio.
• Bachelor's degree in Hospitality, Finance, Business or a related discipline; an MBA in Finance or relevant professional qualification would be advantageous. 8 10 years of hospitality experience, including at least 3 5 years in hospitality asset management, portfolio management, owner advisory or a similar role.
• Experience managing or advising on multiple hotel assets, ideally across luxury, mid-scale and leisure-oriented properties.
• Strong experience in hotel financial analysis, budgeting, forecasting, portfolio strategy and long-term business planning.
• Exposure to hotel operations, hotel finance, hospitality investments, valuations, advisory or consulting will be highly relevant.
• Demonstrated experience working with hotel operators, General Managers, senior management and board-level stakeholders.
• Prior involvement in hotel management agreement negotiations, operator reviews, renewals or commercial discussions is essential.
• Experience evaluating capital projects, refurbishment programmes, capex plans and investment returns.
• GCC hospitality market exposure is required.

Key Skills Required

• Strong commercial and financial acumen with the ability to assess hotel asset performance.
• Excellent analytical, problem-solving and investment evaluation skills.
• Strong stakeholder-management skills, with the confidence to engage senior hotel operators and leadership teams.
• Ability to translate detailed financial and operational data into clear, commercially sound recommendations.
• Strong Excel, PowerPoint and reporting capability.
• Excellent written and verbal communication skills.
• Comfortable managing multiple priorities, deadlines and stakeholders in a fast-paced environment.
• Team-management experience would be an advantage.