Asset / Senior Asset Manager

Trilight Hospitality Asset Management; Dubai; On-site; AED 180,000 - 320,000; Full time

Job summary

Trilight Hospitality Asset Management is seeking an Asset Manager – Hospitality to maximize financial performance, long-term value, and strategic positioning of hotel assets. You will bridge ownership, operators, and third-party stakeholders while ensuring brand standards and market potential.

Responsibilities include overseeing hotel financial performance, budgets, CAPEX, and asset strategies; leading reviews with operators; structuring reports for owners and investors; and driving value

Qualifications

• Bachelor’s degree in Finance, Hospitality Management, Real Estate, or Business.
• 5–10+ years’ experience in hospitality asset management, hotel finance, or ownership roles.
• Strong understanding of hotel operations, revenue management, and financial modeling.
• Experience managing branded hotels, lifestyle assets, or mixed-use developments preferred.
• Exposure to Middle East hospitality markets is an advantage.
• Strong financial acumen and analytical capability.
• Commercial mindset with strategic thinking.
• Excellent stakeholder management and negotiation skills.
• Ability to challenge operators constructively.
• High attention to detail with a big-picture perspective.
• Confident presenter with strong communication skills.

Responsibilities

• Oversee hotel financial performance including revenue, GOP, EBITDA, NOI, and cash flow.
• Review and challenge annual budgets, forecasts, and long-range business plans.
• Analyze P&L statements, balance sheets, and cash flow reports.
• Identify opportunities to optimize revenue streams, cost efficiencies, and margins.
• Monitor management fees, incentive fees, and owner returns.
• Act as primary owner’s representative with hotel operators and management companies.
• Ensure compliance with Hotel Management Agreements (HMA), Franchise Agreements, and SLAs.
• Lead monthly/quarterly performance reviews with operators.
• Challenge operational strategies to align with ownership goals.
• Coordinate approvals related to CAPEX, staffing levels, and major initiatives.
• Define and execute asset strategies to enhance long-term value.
• Lead repositioning, rebranding, or soft-renovation initiatives when required.
• Assess market trends, competitive set performance, and brand positioning.
• Evaluate opportunities for F&B optimization, ancillary revenue, and mixed-use synergies.
• Support acquisition, divestment, or refinancing initiatives as required.

Skills

Financial modelling

Stakeholder management

Negotiation skills

Strategic thinking

Commercial mindset

Revenue management

Financial analysis

Presentations

Middle East market knowledge

Leadership

Education

Bachelor’s degree in Finance, Hospitality Management, Real Estate, or Business

Job description

The Asset Manager – Hospitality is responsible for maximizing the financial performance, long-term value, and strategic positioning of assigned hotel assets. Acting as the key link between ownership, operators, and third-party stakeholders, the role ensures that each asset meets its investment objectives, brand standards, and market potential while maintaining operational excellence and capital discipline.

Key Responsibilities

• Oversee hotel financial performance including Revenue, GOP, EBITDA, NOI, and cash flow
• Review and challenge annual budgets, forecasts, and long-range business plans
• Analyze P&L statements, balance sheets, and cash flow reports
• Identify opportunities to optimize revenue streams, cost efficiencies, and margins
• Monitor management fees, incentive fees, and owner returns

2. Owner & Operator Relations

• Act as the primary owner’s representative with hotel operators and management companies
• Ensure compliance with Hotel Management Agreements (HMA), Franchise Agreements, and SLAs
• Lead monthly/quarterly performance reviews with operators
• Challenge operational strategies to ensure alignment with ownership goals
• Coordinate approvals related to CAPEX, staffing levels, and major initiatives
• Define and execute asset strategies to enhance long-term value
• Lead repositioning, rebranding, or soft-renovation initiatives when required
• Assess market trends, competitive set performance, and brand positioning
• Evaluate opportunities for F&B optimization, ancillary revenue, and mixed-use synergies
• Support acquisition, divestment, or refinancing initiatives as required

4. Capital Expenditure (CAPEX) & Projects

• Review, approve, and monitor CAPEX budgets and ROI
• Prioritize projects based on guest impact, revenue uplift, compliance, and asset protection
• Track execution timelines, costs, and post-implementation performance

  6. Reporting & Stakeholder Communication

  • Prepare clear, data-driven reports for owners, investors, and senior leadership
  • Present asset performance, key risks, and strategic recommendations
  • Translate complex operational data into commercial insights
  • Support board presentations and investment committee materials

  Key Performance Indicators (KPIs)

  • EBITDA / NOI vs Budget
  • ROI on CAPEX
  • Compliance with management agreements

  Qualifications & Experience

  • Bachelor’s degree in Finance, Hospitality Management, Real Estate, or Business
  • 5–10+ years’ experience in hospitality asset management, hotel finance, or ownership roles
  • Strong understanding of hotel operations, revenue management, and financial modeling
  • Experience managing branded hotels, lifestyle assets, or mixed-use developments preferred
  • Exposure to Middle East hospitality markets is an advantage
  • Strong financial acumen and analytical capability
  • Commercial mindset with strategic thinking
  • Excellent stakeholder management and negotiation skills
  • Ability to challenge operators constructively
  • High attention to detail with a big-picture perspective
  • Confident presenter with strong communication skills

  Personal Attributes

  • Owner-centric and value-driven
  • Decisive, commercially astute, and results-oriented
  • Collaborative yet firm in governance
  • Comfortable working across multiple assets and brands