Senior Manager, Asset Management (Frasers Hospitality)

Primary Role

This role serves as the capital steward for a defined group of assets within a global hospitality real estate portfolio, with accountability for delivering their performance in line with approved business plans. It combines asset strategy with hands-on execution and reports directly to the Director, Asset Management.

Key Responsibilities

Modelling & Papers

• Build, own and maintain asset-level financial models from first principles
• Model Asset Enhancement Initiatives (AEIs) business cases, hold/sell scenarios and operator structure alternatives
• Author strategic and approval papers for management and Board decisions

Business Planning & Performance

• Prepare and own the annual business plan for each assigned asset
• Negotiate and defend annual Operating and CapEx Budgets with operators
• Monitor RevPAR, GOP margin, NOI and property-before-tax cash flow against budget and comp set
• Prepare analysis underpinning hold strategy, exit timing and hold/sell reviews

Operator Management

• Run monthly owner’s meetings and drive the commercial agenda
• Challenge operator strategy on segmentation, rate and yield, F&B and cost productivity
• Benchmark performance and escalate underperformance with a remediation plan
• Apply Hotel Management and Lease agreement terms; support the Director on negotiations

Asset Enhancement & Capital Projects

• Originate AEIs and repositioning opportunities; build the ROI, ROCE and IRR case
• Deliver projects end to end: consultant selection, procurement, budget and programme control
• Report realised returns post-completion against the approved business case

Valuation, Reporting & Operations

• Run the annual valuation exercise, including RFP and process management
• Prepare monthly and quarterly asset reports; liaise with auditors and external advisors
• Oversee property and facility management partners, consultants and contractors

Key Qualifications

• 9+ years of relevant real estate asset management in operating assets; hospitality preferred
• Advanced modelling- able to build an asset-level cash flow model from a blank sheet
• Quantifiable track record of value creation across assigned assets
• Experience managing third-party hotel operators, including budget negotiation
• AEI or refurbishment delivery from feasibility through completion; feasibility and ROCE analysis
• Skills in monitoring, benchmarking, and supporting hotel operators, with prior experience integrating ESG measures into assets
• Concise, decision-oriented paper writing for senior audiences
• Hands-on and pragmatic; effective in a lean environment
• Degree in Real Estate, Finance, Business or Hospitality
• Collaborative team player with a professional and approachable demeanour
• Strong communication, presentation, and stakeholder management skills
• Grounded, adaptable mindset with a proactive, solution-oriented approach