Job Purpose:
GM - Hospitality - Asset Management will be responsible for maximizing performance, cash flows, and returns from the Embassy REIT's hotel portfolio through active asset management, operator performance management, commercial strategy, and capital optimization.
Key Responsibilities:
1. Portfolio Performance & Value Creation
Own the commercial performance of the hotel portfolio (Revenue, GOP, EBITDA).Drive top-line growth, margin expansion, and asset-level returns.Lead annual business planning, budgets, and long-range strategic plans with operators.2. Operator & Brand Management
Act as owner's business interface with operators Hold operators accountable on:Revenue strategyCost structuresMarket share performancePositioning Catering performanceRestaurants RevenuesCompliance and AuditsReview and challenge:Annual budgets and capex plansSales & marketing strategiesRevenue management performanceLead performance reviews, owner-operator meetings, and strategic interventions.3. Asset-Level Strategy & Repositioning
Develop asset-by-asset strategies for:Stabilization assetsRamp-up assetsUnderperforming assetsMature yield assetsEvaluate and Suggest:Renovation Needs and PlansSpace re-purposing (F&B, MICE, co-working, retail, etc.)Mixed-use integration opportunitiesF&B concept changes4. Capital & Investment Interface
Work with Investments and Development teams on:New assetsInputs on as space planningHotel additions to office parksUnderwriting assumptions and business plansSupport IC notes, board notes, and investor presentations.5. Financial Governance & Performance Tracking
Set up and own:Asset management dashboardsKPI frameworksBenchmarking vs comp set and marketReview:Monthly P&LsForecastsVariance analysisDrive early intervention plans for performance gaps.6. Commercial Strategy & Portfolio Synergies
Drive portfolio-level commercial strategies:Cross-selling across REIT office parks and hotelsCorporate contracting synergiesMICE and long-stay strategiesBuild platform-scale advantages vs single-asset ownership.7. Team Leadership
Build and lead a high-performance team.Mentor Asset Managers /Analysts.Work with Hotels GM's/Brands to develop strong hotel level leadership teamsDrive a performance-driven ownership mindset.Qualifications and Work Experience:
1) 12-18+ years' experience in Hotel asset management or operations
2) General Manager or Commercial Lead of an existing hotel
3) Strong understanding of:
Market DynamicsCommercial StrategiesHotel P&LsOperator contractsCapex planning Prior experience working with:Branded hotel operators Institutional owners / funds / REITs preferredStrong financial, strategic, and stakeholder management skills.Knowledge, Skills and Competencies:
EBITDA growth vs budget & marketMarket share (RGI, ARI, MPI)Asset yield improvementsCapex ROIInvestor returns & portfolio valuation uplift Read Less