Senior Asset Manager - Hospitality

Overview

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.

• Use hotel management input, industry analysis, benchmarking, accounting, and hotel financial analysis along with computer modeling fundamentals to analyze hotel operations, business plans, capital investments, and sales and marketing plans.
• 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 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 return on investment for the assets as well as profit‑improving projects, whether 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 a 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 is 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.

• 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.