Senior Director, Asset Management @CHN Choice Hotels International Services

[Hiring] Senior Director, Asset Management @CHN Choice Hotels International Services

Mar 29, 2025 - CHN Choice Hotels International Services is hiring a remote Senior Director, Asset Management. 💸 Salary: $220,000 to $225,000 annually. 📍Location: USA.

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Role Description

Choice Hotels, one of the world’s largest hotel companies, has an exciting new opportunity as our Senior Director, Asset Management in the Real Estate Investment & Asset Management team. The primary focus is on the domestic growth of the upscale Cambria Hotels brand and the midscale extended-stay Everhome Suites brand.

Oversee Choice’s entire real estate portfolio with the goal of maximizing asset value for each hotel.
Identify and communicate opportunities that could also benefit Choice’s franchised hotels.
Provide strategic oversight over each hotel’s operations to maximize net operating income.
Manage capital investment to create and protect long-term value.
Partner with internal Segment leadership to discuss portfolio-level learnings and opportunities.

Responsibilities

Responsible for oversight of the market, operations, capital strategy, and reporting for Choice’s entire real estate portfolio.
In partnership with the Investments team and Segment leadership, develop and maintain a strategic plan for each asset.
Develop a 5-year capital plan for each asset that aligns with the hotel’s current needs and Choice’s long-term ownership strategy.
Review and approve the annual operating and capital budget for each property.
Keep current on market conditions affecting the Choice portfolio.
Frequent partnership with hotel management teams to analyze hotel operations and drive NOI through optimal revenue management, cost controls, and guest satisfaction efforts.
Make recommendations for capital improvement ROI projects and comprehensive property improvement plans.
Manage the completion of ROI medium-complexity renovation projects with support from external consultants and a hotel management company.
Identify opportunities to recycle capital in a manner that balances maximizing returns and protects the needs of the brand.
Lead the disposition process once a decision is made to sell an asset.
Develop asset and portfolio-level reporting and benchmarking focused on accuracy, timeliness, and identifying opportunities.
Present findings to Segment and executive leadership on a regular basis.
Lead negotiation of management agreements.
Occasionally assist or lead negotiations with joint venture partners and borrowers.
Create strong relationships with both internal and external partners.
Frequently partner with internal FP&A, accounting, legal, and tax departments.
Coach and mentor direct reports and junior team members.
Help foster a culture that values learning, accountability, curiosity, and celebrating success.

Qualifications

At least 12+ years of progressive experience in hotel asset management, hotel ownership, or hotel operations.
Significant experience analyzing hotel operations, identifying opportunities, and driving profitability.
Strong financial background with an understanding of real estate deal structures (such as joint ventures and mezzanine financing).
Significant experience creating processes and procedures and ensuring accountability.
Ideally experienced with overseeing capital improvement projects and medium complexity renovations.
Comfortable making decisions and being accountable for outcomes.
Self-starter with willingness and ability to excel in a deadline-driven, high-volume environment.
Strong problem-solving, communication, and interpersonal skills are required.
Must be able to succinctly and clearly explain complex information to senior leadership.
Must also be comfortable having difficult negotiation discussions with internal and external counterparties.
Must be willing to travel up to 20% of the time, occasionally with limited notice.

Salary Range

The salary range for this position is $220,000 to $225,000 annually. This role is eligible for an annual bonus based on the terms of Choice's Management Incentive Plan (MIP), as well as annual awards of Choice Hotels International common stock through Choice’s Long-Term Incentive Plan (LTI Plan).

Benefits

Competitive compensation and benefits, including medical, dental, and vision coverage.
Leave and paid time-off for holidays, vacation, personal, family, volunteer, sick, jury duty, bereavement, military, and religious observance.
Financial benefits for retirement and health savings.
Employee recognition programs.
Discounts at Choice hotels worldwide.

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📍	Be aware of the location restriction for this remote position: USA
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Senior Director, Asset Management @CHN Choice Hotels International Services

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Salary 💸 $220,000 to $225,000 annually	Remote Location USA
Job Type full-time	Posted Mar 29, 2025

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📍	Be aware of the location restriction for this remote position: USA
‼	Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.

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[Hiring] Senior Director, Asset Management @CHN Choice Hotels International Services

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