VP - Asset Management (Hospitality)

Venture search; Dubai; On-site; AED 350,000 - 450,000; Full time

Job summary

A leading investment organization in the region is seeking a Vice President of Asset Management to oversee and optimize the performance of its expanding hospitality real estate portfolio. This mid-level position requires strong financial acumen, a proven record in hospitality asset management, and the ability to lead strategic improvements across a diversified portfolio of hotels and resorts. The role involves active collaboration with investment teams and presenting insights to senior leadership in Dubai.

Qualifications

• 6+ years of experience in hospitality asset management, hotel operations, advisory, or investment roles.
• Strong understanding of hotel P&L, financial modelling, operator agreements, and industry KPIs (RevPAR, NOI, GOP, etc.).
• Proven track record of driving value, improving performance, and influencing operator outcomes.

Responsibilities

• Drive asset-level strategy to maximise income, improve operational efficiency and protect long-term value.
• Oversee the performance of a diversified hospitality portfolio, including hotels, resorts, and mixed-use properties.
• Lead quarterly and annual asset reviews, challenging operators and implementing operational improvements.
• Manage relationships with international hotel brands and operating partners, negotiating terms and ensuring alignment on performance targets.
• Develop and monitor financial models, budgets, KPIs, and capex plans.
• Provide insight and recommendations on renovation projects, repositioning opportunities, and brand selection.
• Collaborate closely with investment, finance, and development teams on underwriting, acquisitions, and disposal decisions.
• Present asset performance updates and recommendations to senior leadership.

Skills

Hospitality asset management

Financial modelling

P&L understanding

Performance management

Job description

Vice President - Asset Management

A prominent investment organisation in the region is seeking a Vice President of Asset Management to oversee and optimise the performance of its expanding hospitality real estate portfolio. This is a mid-level position suited to someone with deep commercial understanding of hotel operations, value creation strategies, and asset-level performance management.

Key Responsibilities

• Drive asset-level strategy to maximise income, improve operational efficiency and protect long-term value.
• Oversee the performance of a diversified hospitality portfolio, including hotels, resorts, and mixed-use properties.
• Lead quarterly and annual asset reviews, challenging operators and implementing operational improvements.
• Manage relationships with international hotel brands and operating partners, negotiating terms and ensuring alignment on performance targets.
• Develop and monitor financial models, budgets, KPIs, and capex plans.
• Provide insight and recommendations on renovation projects, repositioning opportunities, and brand selection.
• Collaborate closely with investment, finance, and development teams on underwriting, acquisitions, and disposal decisions.
• Present asset performance updates and recommendations to senior leadership.

Requirements

• 6+ years of experience in hospitality asset management, hotel operations, advisory, or investment roles.
• Strong understanding of hotel P&L, financial modelling, operator agreements, and industry KPIs (RevPAR, NOI, GOP, etc.).
• Proven track record of driving value, improving performance, and influencing operator outcomes.