Strategic Hotel Asset Manager

RMR Group

Newton (MA)

On-site

USD 120,000 - 190,000

Full time

14 days+
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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

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

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