Vice President, Hospitality Asset Management

Vice President, Hospitality Asset Management

The Vice President, Hospitality Asset Management leads and oversees a diverse and growing portfolio of complex, full-service lodging assets, driving long-term value creation through market analysis, capital planning and performance optimization. Maximizes asset value and investment returns by providing strategic oversight of hotel management teams to drive operational excellence and profitability. Partners closely with internal and external stakeholders to facilitate cross-property collaboration, align asset strategies and achieve enterprise goals.

Essential Duties and Responsibilities

1. Provides strategic leadership across a dynamic portfolio of lodging assets, ensuring alignment with enterprise objectives and long-term value creation. Utilizes hotel management input, industry benchmarking, financial analysis, and modeling to evaluate hotel operations, business plans, sales & marketing strategies, and strategic capital deployment.

2. Conducts regular reviews with hotel executive teams to assess monthly and quarterly performance, annual business plans, and long-term strategic initiatives. Proactively identifies and resolves ownership and operational issues, preserving asset integrity and brand reputation. Partners with hotel executive teams to ensure operational excellence and highest standards of guest service and experience at individual properties and consistency across the portfolio.

3. Cultivates and manages key relationships with internal and external stakeholders, including investment partners, operators, brand representatives, governmental institutions, and other key stakeholders. Aligns asset strategies with broader enterprise goals through deep cross-functional and cross-property collaboration.

4. Drives asset strategy development, identifying opportunities for repositioning, operational enhancements, and strategic partnerships.

5. Manages property-level and portfolio-level cash flow performance, ensuring liquidity, identifying variances, and supporting proactive financial planning. Collaborates with hotel operators and internal finance teams to monitor working capital, optimize cash management strategies, and ensure alignment with ownership objectives and investment targets.

6. Oversee capital deployment in collaboration with hotel teams and internal development groups, ensuring alignment with brand standards and ROI targets. Leads capital planning initiatives, including five-year and annual CapEx strategies. Tracks and analyzes ROI for capital projects and operational improvements, with a focus on value creation and investor returns. Prepares investment summaries and makes recommendations for major capital expenditures, renovations, and repositioning initiatives.

7. Monitors and analyzes operating performance to ensure optimal return on investment, leveraging KPIs such as RevPAR, ADR, GOP margins, and guest satisfaction indices. Tracks investment performance through industry benchmarking tools, financial models, and internal investment guidelines.

8. Maintains deep market intelligence across hospitality sectors and local markets, with a focus on demand drivers, competitive positioning, and demographic trends. Adapts asset strategies to preserve competitive positioning and enhance profitability.

9. Ensures governance and compliance with all management, franchise or brand affiliation and loan agreements. Reviews and negotiates legal documents including operating agreements, franchise / license agreements, property contracts, and ground leasesto protect ownership interests, support asset performance, and ensure alignment with hospitality investment objectives.

10. Delivers executive-level reporting on market conditions, operational performance, and capital expenditures. Collaborates with finance and accounting teams to support monthly, quarterly and annual reporting cycles.

11. Supports strategic transactions, including acquisitions, dispositions, and recapitalizations through participation in due diligence and preparation of pro forma business plans.

12. Performs other duties as assigned to support the efficient operation of the department.

Supervisory Responsibilities

Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning reviewing and directing work; evaluating and appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Makes hiring decisions and designs individual development plans with succession planning in mind for all key roles.

Education, Experience, and Qualifications

• Bachelors degree in Finance, Accounting, Business Administration, Hospitality Management, Real Estate or related field required.
• Masters degree in Finance, Accounting, Business Administration, Hospitality Management, Real Estate or related field preferred.
• Minimum of twelve (12) years of hospitality asset management, hospitality operations, or lodging real estate investment
• Minimum of ten (10) years of supervisory experience required.
• Related, relevant, and / or direct experience may be considered in lieu of minimum educational requirements indicated above.

Knowledge, Skills, and Abilities

Licenses, Certifications, and Registrations

Physical Requirements / Working Conditions Environment

Reasonable accommodation will be made in compliance with all applicable law.

As one of the largest private employers in the Inland Empire, San Manuel deeply cares about the future, growth and well-being of its employees. Join our team today!