Senior Asset Manager - Hospitality

Our client is a diversified UAE-based group with interests across real estate, construction, retail and hospitality. The group owns and operates a growing hospitality portfolio comprising luxury and mid-scale hotels, resorts and leisure assets in Ras Al Khaimah. They are seeking an experienced Senior Asset Manager Hospitality to oversee portfolio performance, maximize asset value and drive long-term returns across their hospitality assets. Role Overview The successful candidate will act as the owner-side representative for the hospitality portfolio, working closely with hotel operators, General Managers, consultants and senior leadership to improve financial performance, optimize capital deployment and identify value-enhancement opportunities. Duties & Responsibilities Use hotel management input, industry analysis/benchmarking, accounting, hotel financial analysis and computer modeling fundamentals to analyze hotel operations, business plans, capital investments, sales & marketing plans and strategic alternatives; Formulate and make recommendations to the Executive Committee for short and long-term strategic plans for the hotel assets; Keep current on all markets affecting the hospitality industry and specifically the markets in which the assets are situated, including supply and demand changes and trends; Examine and monitor the operating performance of the assets to ensure the return on investment in each asset is maximized; Meet with hotel executive teams to review monthly & quarterly operating performance, annual business plans and longer-term strategic plans; Proactively identify and resolve ownership issues to maintain the integrity of the assets; Ensure the effective deployment of capital by working with the hotel teams and third-party technical services consultants to execute and monitor each hotel's short and long-term capital plans; Prepare investment summaries and make recommendations for major hotel expenditures; Analyze and track of return on investment for the assets as well as profit improving projects, either implemented or proposed; Identify value enhancement opportunities within the portfolio; and Provide input to monthly, quarterly and annual internal reports to the Executive Committee for all assets in the designated portfolio. Bachelor's degree in Hospitality, Finance, Business or a related discipline; an MBA in Finance or relevant professional qualification would be advantageous. 8 10 years of hospitality experience, including at least 3 5 years in hospitality asset management, portfolio management, owner advisory or a similar role. Experience managing or advising on multiple hotel assets, ideally across luxury, mid-scale and leisure-oriented properties. Strong experience in hotel financial analysis, budgeting, forecasting, portfolio strategy and long-term business planning. Exposure to hotel operations, hotel finance, hospitality investments, valuations, advisory or consulting will be highly relevant. Demonstrated experience working with hotel operators, General Managers, senior management and board-level stakeholders. Prior involvement in hotel management agreement negotiations, operator reviews, renewals or commercial discussions is essential. Experience evaluating capital projects, refurbishment programmes, capex plans and investment returns. GCC hospitality market exposure is required. Key Skills Required Strong commercial and financial acumen with the ability to assess hotel asset performance. Excellent analytical, problem-solving and investment evaluation skills. Strong stakeholder-management skills, with the confidence to engage senior hotel operators and leadership teams. Ability to translate detailed financial and operational data into clear, commercially sound recommendations. Strong Excel, PowerPoint and reporting capability. Excellent written and verbal communication skills. Comfortable managing multiple priorities, deadlines and stakeholders in a fast-paced environment. Team-management experience would be an advantage.