Strategic Hospitality Asset Manager

Roch Capital, Inc; Glen Mills (Delaware County); On-site; USD 90,000 - 130,000; Full time

Job summary

Roch Capital, Inc. seeks a Hospitality Asset Manager at our Glen Mills, PA headquarters to oversee the hospitality portfolio, focusing on key metrics, reporting, and asset performance.

You will work with acquisitions and management to establish asset-specific growth strategies, coordinate with property managers, and monitor revenue, NOI, cash flow, and asset value progress. This role demands strategic thinking, strong negotiation and interpersonal skills, and the ability to work independently.

Qualifications

• Bachelor's level degree in Business or a related field.
• Minimum of three years demonstrated real estate experience, with experience working on hotels required and preferably experience in an accounting related role.
• Ability to think and act strategically, with experience analyzing investment decisions
• Strong negotiation, analytical and interpersonal skills are essential. Ability to work independently.
• Background in reviewing financial reports and communicating results.
• Experience analyzing competitive market information and establishing performance benchmarks.
• Must have a true entrepreneurial spirit, and desire to excel.

Responsibilities

• Identify key metrics for each of the hotel properties in the portfolio and be able to track and monitor these metrics on a regular basis.
• Analyze financial statements regularly to control expense levels and identify areas of improvement.
• Effectively prepare reporting packages to deliver these reports to ownership in a concise and informative manner.
• Work with Company management to establish asset specific strategies that produce long term growth in asset value and cash flow.
• Oversee third party property managers (and in certain cases internal property managers) to meet financial and strategic property plans.
• Monitor asset performance including Revenue, NOI, cash flow and asset values and progress towards achieving asset strategies.
• Work with acquisitions team to provide input on underwriting assets, perform due diligence and evaluating assets for potential disposition. Work on property closings and initial set up of assets upon acquisition.
• Be the owner representative on issues associated with venture partners, lenders, and vendors.
• Maintain industry contacts and relationships across the portfolio's local markets and nationally through peers, competitors, vendors, brands, and real estate associations.
• Complete regular tours of the property to ensure proper maintenance of the property and efficient and effective performance of staff and third party providers.

Education

Bachelor's degree in Business or related field

Job description

Roch Capital, Inc. seeks a Hospitality Asset Manager at our Glen Mills, PA headquarters to oversee the hospitality portfolio, focusing on key metrics, reporting, and asset performance.

You will work with acquisitions and management to establish asset-specific growth strategies, coordinate with property managers, and monitor revenue, NOI, cash flow, and asset value progress. This role demands strategic thinking, strong negotiation and interpersonal skills, and the ability to work independently.