Senior Vice President / Vice President, Hotel Asset Management
$200,000 - $250,000 per year
Apply now (opens in a new tab)Senior Vice President / Vice President, Hotel Asset Management
L6
$200,000 - $250,000 per year
Occupations
Investment Fund ManagersFinancial and Investment AnalystsProperty, Real Estate, and Community Association Managers- Own property-level financial performance across the portfolio, including budgets, reforecasts, and regular benchmarking of RevPAR, flow-through, and margins
- Serve as the primary point of contact with third-party operators and brands, leading business reviews and holding operators accountable under management and franchise agreements
- Build and execute capital plans for each asset, including PIPs, renovations, and FF&E reserves, and measure results against original underwriting
- Set strategic guardrails for revenue management and commercial strategy, in coordination with Dauntless’s commercial strategy and revenue management resources
- Drive cost control across the portfolio, including procurement initiatives and operator labor models
- Support the deal team on acquisition diligence and disposition preparation, using portfolio operating data to inform underwriting
- Manage lender, JV partner, and investor reporting, including covenant compliance, quarterly investor commentary, and LP calls as needed
- Track local market conditions for each asset and turn them into property-level actions and portfolio recommendations for the investment committee
- 8 to 15 years of hospitality asset management experience at an institutional hospitality ownership or investment platform, with acquisitions exposure a plus
- Deep operating fluency in branded hotels (Marriott, Hilton, IHG, Hyatt families), with a track record of managing operator and brand relationships to measurable results
- Experience with institutional reporting cadences, investment committee processes, and LP communications
- Strong financial modeling skills, including the ability to independently build property-level P&Ls, budgets, dashboards, and analyses using modern AI tools
- Willingness to travel 50%+ of the time, including frequent on-site property visits and periodic trips to other Dauntless offices
- Bachelor’s degree in hospitality management, real estate, finance, or a related field Preferred
- Current or recent experience at a hospitality REIT or lodging-focused private equity sponsor
- MBA or graduate degree in real estate, hospitality, or finance
- Experience with lifestyle, soft-brand, or independent hotels (e.g., Tribute Portfolio, Moxy)
Level
LeadL6
Salary
$200,000 - $250,000 per year
Location
Glens Falls, NY
Occupation
Investment Fund Managers
Industry
Hotels and Motels
Posted
2 days ago
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