Asset Manager, Hotel Asset Management

RMR Group; Newton (MA); On-site; USD 120,000 - 190,000; Full time

Job summary

The RMR Group seeks a Hotel Asset Manager to maximize performance and value across a diverse portfolio of full-service, focused-service, and extended-stay hotels. You will partner with operators, ownership representatives, and senior leadership to monitor financial and operating results, develop strategic business plans, and drive initiatives that boost revenue and asset value.

The ideal candidate brings strong analytical, financial, and communication skills, with deep knowledge of hotel

Qualifications

• Bachelor’s degree in business, finance, economics, real estate, or related field.
• 5–10 years of experience in asset management, M&A, accounting, and/or financial analysis in hospitality.
• Strong MS Excel, Word, and PowerPoint skills.

Responsibilities

• Oversee the financial and operational performance of a portfolio of hotels.
• Identify opportunities to improve revenue, margins, cash flow, and asset value.
• Manage relationships with management companies and brand partners.
• Analyze and interpret monthly, quarterly, and annual operating results to assess property performance against budget and benchmarks.
• Conduct regular asset reviews with operators and property leadership teams.
• Develop, maintain, and enhance financial models and decision-support tools for monitoring performance and informing strategies.
• Evaluate capital expenditure projects, renovations, acquisitions, dispositions, and operator transitions.
• Prepare executive-level reports, presentations, dashboards, and investment analyses for senior leadership.
• Collaborate on annual business plans, operating budgets, and multi-year asset strategies with ownership objectives.
• Stay updated on market dynamics, STR/benchmarking data, and supply-demand changes.
• Enhance revenue management, marketing, and operating expense models with partners.
• Conduct site tours to assess condition, service standards, and guest satisfaction.
• Review and ensure compliance with management agreements and other legal documents.
• Complete ad hoc analyses and special projects with Asset Management and REIT teams.

Skills

Financial analysis

Asset management

M&A knowledge

Strategic thinking

Education

Bachelor's degree in business, finance, economics, real estate, or related field

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Job description

Overview

The Hotel Asset Manager is a key member of The RMR Group's Hotel Asset Management team, responsible for maximizing the performance and value of a portfolio of full service, focused service, and extended stay hotel assets. Working closely with hotel operators, ownership representatives, and senior leadership, the Asset Manager monitors real estate and hotel investment performance, analyzes financial and operational results, develops and executes business strategies, and drives initiatives that enhance revenue, improve profitability, mitigate risk, and support long-term asset value. The role is also responsible for preparing executive-level analyses, reports, presentations, and investment recommendations that support strategic decision-making related to asset performance, capital allocation, and value creation. The ideal candidate possesses strong analytical, financial, and communication skills, along with a deep understanding of hotel operations, real estate fundamentals, asset valuation, and investment performance. Success in this role requires sound business judgment, a collaborative approach, and the ability to translate complex financial, operational, and market data into actionable strategies while consistently demonstrating the highest standards of integrity, professionalism, and respect in a fast-paced, results‑driven environment.

Overview

The Hotel Asset Manager is a key member of The RMR Group's Hotel Asset Management team, responsible for maximizing the performance and value of a portfolio of full service, focused service, and extended stay hotel assets. Working closely with hotel operators, ownership representatives, and senior leadership, the Asset Manager monitors real estate and hotel investment performance, analyzes financial and operational results, develops and executes business strategies, and drives initiatives that enhance revenue, improve profitability, mitigate risk, and support long-term asset value. The role is also responsible for preparing executive-level analyses, reports, presentations, and investment recommendations that support strategic decision-making related to asset performance, capital allocation, and value creation. The ideal candidate possesses strong analytical, financial, and communication skills, along with a deep understanding of hotel operations, real estate fundamentals, asset valuation, and investment performance. Success in this role requires sound business judgment, a collaborative approach, and the ability to translate complex financial, operational, and market data into actionable strategies while consistently demonstrating the highest standards of integrity, professionalism, and respect in a fast-paced, results‑driven environment.

Responsibilities

• Oversee the financial and operational performance of a portfolio of hotels
• Identify opportunities to improve revenue, margins, cash flow, and asset value.
• Manage relationships with management companies and brand partners.
• Analyze and interpret monthly, quarterly, and annual operating results to assess property performance against budget and benchmarks.
• Conduct regular asset reviews with operators and property leadership teams
• Serve as an analytical resource for the hotel portfolio by developing, maintaining, and enhancing financial models, and decision‑support tools used to monitor operating performance, identify trends, and inform asset management strategies. Conduct market research and competitive analysis.
• Evaluate capital expenditure projects, renovations, acquisitions, dispositions, operator transitions, and other strategic initiatives through detailed underwriting, financial modeling, and scenario analysis to support value‑enhancing investment decisions, including hold/sell recommendations, and maximize asset value.
• Prepare executive-level reports, presentations, dashboards, and investment analyses to support senior leadership decision‑making, capital allocation, and portfolio strategy.
• Partner with operating teams in the development and review of annual business plans, operating budgets, capital budgets, and multi‑year asset strategies to ensure alignment with ownership objectives. Challenge and validate operating assumptions, and strategic plans.
• Keep current on all markets that impact the positioning and performance of assigned hotels. Maintain up‑to‑date knowledge of all factors including market dynamics, STR/benchmarking data, and changes in supply and demand.
• Evaluate and enhance revenue management, marketing, sales processes and operating expense models with operating partners.
• Conduct site tours to evaluate physical condition, service standards, guest satisfaction metrics, and competitive positioning.
• Review, understand, and ensure compliance with management agreements and other legal agreements.
• Complete ad hoc analysis and special projects with the Hotel Asset Management and REIT management teams.

Qualifications

Required Qualifications

• Bachelor’s degree in business, finance, economics, real estate or a related field
• 5-10 years of experience in asset management, M&A, accounting, and/or financial analysis, preferably within the hospitality industry
• Strong accounting/financial modeling and analytical skills supported by a high proficiency in Microsoft Excel, Word and PowerPoint