Confidential
Vice President of Hotel Asset Management
Confidential, Chicago, Illinois, United States, 60290
Vice President of Hotel Asset ManagementAbout the CompanyJoin a market-leading provider of commercial real estate services with a rich history dating back to 1783. Our company is known for its strong presence in the real estate industry, focusing on delivering exceptional value and results.About the RoleWe are seeking an experienced Vice President for Asset Management, specializing in hotel investments. In this pivotal role, you will manage a diverse portfolio that includes full-service, select-service, and luxury hotels. You will play a key role in shaping operating and capital plans, interact with hotel teams to assess performance, and analyze financial data to unearth opportunities for growth.Your responsibilities will also include:Negotiating key legal documentsPerforming asset valuationsPreparing hold/sell analysesAs part of our team, you will stay updated on industry trends and undertake additional tasks to maximize the value of our hotel portfolio for clients.Qualifications:The ideal candidate will have:A minimum of 6 years' experience in the hospitality industry with a focus on operations and hotel real estate asset managementA BA/BS degree in business finance, hospitality, or real estate financeA strong background in hotel finance or revenue managementExperience in budgeting, forecasting, and capital planningExceptional analytical, quantitative, and negotiation skillsA detail-oriented mindset and the ability to work independentlyFluency in English and Spanish is highly desirable, and a proactive approach with a strong work ethic is essential. You should possess the ability to think strategically and demonstrate a hands-on, can-do attitude.Hiring Manager TitleEVP of Asset ManagementTravel RequirementLess than 10%Key FunctionsFinanceOperations