Requirements
15–20+ years of experience in hospitality real estate, hotel asset management, investment, or private equity, including 5–10 years in senior leadership. Demonstrated responsibility for a significant hotel portfolio, with experience in acquisitions, dispositions, development, refinancing, capital programs, operator management, financial modelling, and value creation. Strong understanding of hotel operating metrics and investment returns, with a proven record of improving EBITDA/NOI, RevPAR, asset valuation, and overall portfolio performance.1. EducationBachelor’s degree in Real Estate, Finance, Hospitality Management, Business Administration, Economics, or a related field.An MBA, Master’s in Real Estate, Finance, or Hospitality would be highly desirable.Relevant professional qualifications (e.g., CFA, CA/CPA, MRICS) would be an advantage but not necessarily mandatory.2. Professional Experience15+ years of progressive experience in real estate, hospitality, hotel asset management, investments, or a combination thereof.At least 5–8 years in a senior leadership role, ideally at VP, SVP, Director, or equivalent level.Significant experience managing a hotel portfolio rather than individual properties only.Proven experience working with major international or regional hotel operators.Experience across the full hotel investment lifecycle, including acquisitions, ownership, repositioning, refinancing, development, and dispositions.Strong track record of increasing asset value, improving profitability, and delivering investment returns.3. Hotel Asset Management & OperationsThe candidate should be able to demonstrate strong understanding of:Hotel P&Ls, budgets, forecasts, and business plans.RevPAR, ADR, occupancy, GOP/GOPPAR, EBITDA, flow-through, and other hotel KPIs.Annual operating plans and long-term asset plans.Capital expenditure planning and prioritization.Hotel renovations, refurbishments, repositioning, and major property improvement plans.Operator performance and management agreements.Identifying underperforming assets and developing turnaround/value-enhancement strategies.Balancing owner objectives with hotel operator requirements.4. Investment & Financial SkillsStrong financial and investment capabilities would be essential, including:Hotel acquisition and disposition analysis.DCF, IRR, NPV, equity multiples, cap rates, and investment return analysis.Financial modelling and valuation of hotel assets.Acquisition due diligence and investment committee papers.Development feasibility and highest-and-best-use analysis.Debt financing, refinancing, lender negotiations, and covenant considerations.Portfolio-level capital allocation.Scenario analysis and sensitivity modelling.Understanding of hotel management agreements, leases, franchise agreements, and relevant transaction structures.5. Leadership & Stakeholder ManagementBecause this is a VP position, the candidate should have demonstrated ability to:Lead and develop a high-performing asset management/investment team.Influence senior executives and investment committees.Work effectively with hotel operators, owners, lenders, investors, developers, consultants, lawyers, valuers, and government/regulatory stakeholders.Negotiate major commercial and operational decisions.Present investment recommendations clearly to the CEO, board, or investment committee.Manage complex, high-value projects involving multiple stakeholders.Establish portfolio strategy and translate it into measurable asset-level actions.6. Strategic & Commercial CapabilitiesThe ideal candidate would also bring:A strong understanding of hotel market dynamics and tourism trends.Ability to balance short-term operating performance with long-term asset value creation.Strong executive communication and presentation skills.
Description
The Vice President will lead the company’s real estate and asset management strategy across its hotel portfolio. The role is responsible for maximizing asset value, financial performance, and operational efficiency while supporting the company’s investment and growth objectives.Key responsibilities include overseeing hotel asset performance, budgets and business plans; managing capital expenditure and renovation programs; evaluating acquisitions, dispositions, and development opportunities; monitoring property-level operational and financial results; coordinating with hotel operators, lenders, investors, and advisors; and identifying opportunities to enhance revenue, profitability, and long-term asset value.The VP will also provide senior leadership on portfolio strategy, investment decisions, risk management, and major property initiatives, ensuring alignment between ownership objectives and hotel operations.Ideal profile: Senior real estate/hospitality executive with strong experience in hotel asset management, investments, financial analysis, portfolio strategy, and stakeholder management, with a proven track record of improving hotel asset performance and value.