Core Portfolio Asset Management
- Monitor and analyze monthly hotel financial and operational performance, including revenue, profitability, market share, and guest satisfaction.
- Conduct monthly P&L reviews to identify trends, variances, and value-add opportunities.
- Review hotel operating budgets and capital budgets; track variances and flag areas for improvement.
- Prepare bi-weekly reporting materials and performance summaries for executive leadership.
- Benchmark hotel performance against internal targets, external data, and competitive sets using industry tools (e.g., STR, CoStar).
- Track compliance with management and franchise agreements, as well as applicable regulations
Strategic Projects & Investment Support
- Gather and analyze competitive supply, demand, and market positioning data to inform asset strategy.
- Assist in developing long-term asset plans across the asset lifecycle (stabilization, value-add, hold, disposition readiness).
- Build and maintain financial models (DCF, IRR, pro forma). Perform property and portfolio valuations.
- Support hold/sell analysis.
- Collaborate with Investment & Development team on acquisition and new hotel handover processes; support due diligence for acquisitions and dispositions.
- Assist in preparing materials for Board of Advisors and Development Committee.
Renovation & Capital Deployment
- Identify value-add ROI projects for capital deployment; analyze projected returns and payback periods.
- Assist in maintaining capital models, renovation plans, and annual capital budgets; monitor project timelines and cost variances.
- Other duties as assigned.