At a Glance
- Tasks: Oversee hotel investments, optimise financial performance, and enhance operational efficiency.
- Company: Join a market-leading investment management organisation with operations in major UK cities.
- Benefits: Enjoy mainly remote work with occasional commutes to vibrant locations like London and Manchester.
- Why this job: Make a real impact on hotel profitability while working in a dynamic and supportive environment.
- Qualifications: 5+ years in hotel asset management or finance; degree in Finance or Hospitality preferred.
- Other info: Opportunity for travel within the UK and to the European head office in Amsterdam.
The predicted salary is between 43200 - 72000 Β£ per year.
Robert Half Technology are assisting a market leading investment management organisation to recruit a Hotel Asset Manager β UK based
We are seeking an experienced Hotel Asset Manager to oversee and optimise the financial and operational performance of our hotel investments across the UK. The ideal candidate will have a strong background in hospitality finance, strategic asset management, and operational improvement within the UK market. This role involves analysing key performance metrics, identifying revenue opportunities, efficiencies , and working closely with hotel operators to ensure the profitability and long-term success of our portfolio. The candidate will be working is close corporation and under the guidance of a senior asset manager.
Role
Financial Performance & Analysis
- The Hotel Asset Manager will monitor and analyse P&L statements, operating budgets, financial forecasts, balance sheets and cash flows for UK-based hotel assets.
- Develop and implement strategies to maximise revenue, increase operational efficiency, and enhance profitability.
- Review Accounts receivable ledgers and Guest ledgers with the organisation and hotel finance team to ensure that credit is only granted to credit worthy companies when required and payment made within agreed credit terms.
- Prepare and present detailed financial reports and performance analysis to senior management.
- Track and analyse hotel KPIs (RevPAR, ADR, GOP, NOI, occupancy rates) to identify trends and areas for improvement.
- Participate and assist preparation of Monthly Owners meetings with local hotel management and organisation\βs teams in Finance and Sales & Marketing.
- Review hotel operating budgets and participate in budget meetings.
Operational Oversight & Optimisation
- Work closely with hotel management teams across the UK to enhance operational efficiency and cost control measures.
- Conduct benchmarking analysis against UK competitors and industry standards.
- Ensure compliance with UK hospitality regulations, brand requirements, and contractual agreements.
Strategic Planning & Asset Enhancement
- Develop and execute long-term asset management strategies to improve property value.
- Oversee capital expenditure projects, renovations, and property enhancements to maintain asset quality and competitive positioning.
- Review and evaluate capital expenditure requests prior to seeking approval from senior management.
- Evaluate opportunities for acquisitions, repositioning, or divestment of hotel assets within the UK market.
- Assist with hotel valuations through provision of data to external valuers
Market & Competitive Analysis
- Analyse UK regional hotel market dynamics to support strategic decision-making.
- Provide recommendations for pricing strategies, distribution improvements, and revenue optimisation tailored to UK consumer behaviour.
Stakeholder Coordination & Compliance
- Ensure compliance with UK industry regulations, including licensing, taxation, and employment laws.
- Manage relationships with hotel operators to ensure operational alignment with investment objectives.
Profile
- The Hotel Asset Manager will have a bachelor\βs or Master\βs degree in Finance, Hospitality Management, Business Administration, or a related field.
- 5+ years of experience in hotel asset management, hospitality investment, or financial analysis, preferably within the UK.
- Strong proficiency in financial modelling, budgeting, and P&L management.
- Excellent analytical, strategic thinking, and problem-solving skills.
- Knowledge of UK hospitality regulations, franchising models, and operational standards.
- Ability to work effectively with hotel operators to optimise financial and operational performance.
Skills & Competencies
- Expertise in hospitality finance, investment analysis, and revenue management.
- Strong communication and negotiation skills to collaborate effectively with hotel management.
- Ability to interpret complex financial data, identify trends, and provide actionable recommendations.
- Highly organised with excellent attention to detail and project management skills.
- Proficiency in financial reporting tools (Excel, Power BI, or other analytics platforms).
- Ability to travel to the hotels (UK) on a regular basis and to European head office in Amsterdam, when required.
Company
- Market leading investment management organisation
- Operations in London, Manchester & Aberdeen
- Mainly remote working but must be willing to commute to the above locations when required
Salary & Benefits
The salary range/rates of pay is dependent upon your experience, qualifications or training.
Robert Half Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Robert Half is committed to diversity, equity and inclusion. Suitable candidates with equivalent qualifications and more or less experience can apply. Rates of pay and salary ranges are dependent upon your experience, qualifications and training. If you wish to apply, please read our Privacy Notice describing how we may process, disclose and store your personal data: roberthalf.com/gb/en/privacy-notice.
JBRP1_UKTJ
Hotel Asset Manager employer: Robert Half
Contact Detail:
Robert Half Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Hotel Asset Manager
β¨Tip Number 1
Network with professionals in the hospitality and investment sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn about the latest trends in hotel asset management.
β¨Tip Number 2
Familiarise yourself with key performance metrics specific to the UK hotel market, such as RevPAR and ADR. Being able to discuss these metrics confidently during interviews will demonstrate your expertise and understanding of the role.
β¨Tip Number 3
Research the companyβs portfolio and recent projects. Understanding their current investments and strategies will allow you to tailor your discussions and show how your skills can contribute to their success.
β¨Tip Number 4
Prepare to discuss your experience with financial modelling and P&L management. Be ready to provide examples of how you've successfully improved operational efficiency or revenue in previous roles, as this will be crucial for the position.
We think you need these skills to ace Hotel Asset Manager
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in hotel asset management, hospitality finance, and operational improvement. Use specific examples that demonstrate your ability to analyse financial performance and implement strategies for revenue maximisation.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the hospitality industry and detail how your skills align with the requirements of the Hotel Asset Manager role. Mention your experience with financial modelling and strategic planning, and how you can contribute to the company's success.
Highlight Key Achievements: When detailing your work experience, focus on quantifiable achievements such as improved occupancy rates or increased profitability in previous roles. This will help demonstrate your impact and effectiveness in similar positions.
Showcase Analytical Skills: Emphasise your analytical abilities by discussing your experience with key performance metrics like RevPAR and ADR. Provide examples of how you've used data to drive decisions and improve operational efficiency in past roles.
How to prepare for a job interview at Robert Half
β¨Know Your Numbers
As a Hotel Asset Manager, you'll be dealing with financial metrics daily. Brush up on key performance indicators like RevPAR, ADR, and NOI. Be prepared to discuss how you've used these metrics in past roles to drive improvements.
β¨Showcase Your Strategic Thinking
This role requires strategic planning and asset enhancement. Think of examples where you've developed long-term strategies that improved property value or operational efficiency. Be ready to share your thought process during the interview.
β¨Understand the Market
Familiarise yourself with the current UK hotel market dynamics. Research recent trends, challenges, and opportunities in the hospitality sector. This knowledge will help you demonstrate your expertise and readiness to contribute from day one.
β¨Prepare for Stakeholder Scenarios
You'll need to manage relationships with hotel operators and senior management. Prepare for questions about how you've handled stakeholder coordination in the past, including any challenges you faced and how you overcame them.