Vice President, Hospitality Asset Management

San Bernardino, CA, USA|Travel

Job Overview

Employment Type

Full-time

Work Schedule

Flexible

Weekend Shifts

Benefits

Health Insurance

Dental Insurance

Paid Time Off

Retirement Plan

Professional Development

Employee assistance program

Paid holidays

Job Description

San Manuel is a prominent tribal enterprise and one of the largest private employers in the Inland Empire region. They are committed to fostering a thriving work environment that promotes growth, well-being, and long-term career development for their employees. With a diverse portfolio of businesses, including hospitality properties, San Manuel plays a vital role in the local community and economy. Recognized for upholding high standards in operational excellence and community involvement, they offer a challenging yet rewarding workplace for dedicated professionals seeking to advance their careers in hospitality asset management and related fields.

The Vice President, Hospitality Asset Mana... Show More

Job Requirements

Bachelor's 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
Valid driver's license and vehicle insurance with minimum liability limits is required
Ability to travel regularly between locations
Ability to work evening, weekend and holiday shifts
Ability to work in a fast-paced, high-demand environment
Strength sufficient to exert up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects and/or move up to 40 pounds occasionally

Job Qualifications

Deep understanding of hotel performance metrics including RevPAR, ADR, GOP margins, and guest satisfaction indices
Strong grasp of hospitality market trends, competitive dynamics, and demand drivers across geographic regions
Familiarity with asset management systems such as ProfitSword, HotStats, STR, and business intelligence tools
Ability to strategically formulate and execute long-range plans that align with enterprise objectives and drive portfolio growth
Familiarity with front-of-house and back-of-house operations, revenue management, labor models, and service delivery standards
Experience managing renovation and repositioning projects, including budgeting, phasing, and brand compliance
Ability to navigate brand standards, franchise agreements, and operator relationships
Ability to interpret and negotiate hotel-related legal documents and agreements
Leads cross-functional initiatives with clarity, influence, and accountability
Cultivates strong relationships across internal departments, external partners, and stakeholders to optimize asset performance
Experience in designing and building a team structure that aligns with business objectives and scales with organizational growth
Capable of delivering clear, concise, and persuasive presentations to senior leadership and investment committees
Demonstrates unwavering integrity and discretion in managing sensitive financial and operational data
Communicates with executive presence, delivering clear, concise, and impactful reports and presentations
Highly proficient in Microsoft Excel, Word, and PowerPoint, with experience in asset management platforms and reporting tools

Job Duties

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
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
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
Drives asset strategy development, identifying opportunities for repositioning, operational enhancements, and strategic partnerships
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
Oversees 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
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
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
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 leases to protect ownership interests, support asset performance, and ensure alignment with hospitality investment objectives
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
Supports strategic transactions, including acquisitions, dispositions, and recapitalizations through participation in due diligence and preparation of pro forma business plans
Performs other duties as assigned to support the efficient operation of the department
Carries out supervisory responsibilities including 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

Job Qualifications

Experience

Expert Level (7+ years)

Job Location

We didn't receive the exact location for this job posting,

please contact the employer.

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