Role Description
The Hotel Asset Manager is a key member of The RMR Group's Hotel Asset Management team, responsible for maximizing the performance and value of a portfolio of full service, focused service, and extended stay hotel assets. The role includes:
-
Working closely with hotel operators, ownership representatives, and senior leadership.
-
Monitoring real estate and hotel investment performance.
-
Analyzing financial and operational results.
-
Developing and executing business strategies.
-
Driving initiatives that enhance revenue, improve profitability, mitigate risk, and support long-term asset value.
-
Preparing executive-level analyses, reports, presentations, and investment recommendations.
-
Translating complex financial, operational, and market data into actionable strategies.
Qualifications
-
Bachelorβs degree in business, finance, economics, real estate or a related field.
-
5-10 years of experience in asset management, M&A, accounting, and/or financial analysis, preferably within the hospitality industry.
-
Strong accounting/financial modeling and analytical skills supported by a high proficiency in Microsoft Excel, Word and PowerPoint.
-
Experience analyzing operations, identifying opportunities, and driving profitability.
-
Excellent written and oral communication skills.
-
Strong negotiation skills, with the ability to manage diverse internal and external stakeholders effectively.
-
Self-motivated, with the ability to work in a fast-paced, team-centered, results-driven environment.
-
Ability to prioritize time between multiple projects with minimal supervision.
-
Ability to deliver work in a timely and accurate manner, meeting deadlines and allowing time for next level review.
Requirements
-
CHAM (Certified Hotel Asset Manager) designation, or membership in the Hospitality Asset Managers Association (HAMA), a plus.
-
MBA or other advanced degree in a related field.
-
Familiarity with STR/benchmarking reports, hotel PMS, CRS, and revenue management systems.
-
Experience across multiple hotel brands and management companies (e.g., Marriott, Hilton, Hyatt, IHG) and across full-service, select-service, and extended-stay segments.
-
Boston based preferred, but consideration may be given for remote work.
Benefits
-
Health Insurance.
-
Dental Insurance.
-
Vision Insurance.
-
Life & Disability Insurance.
-
Health Savings Account (HSA) & Flexible Spending Plans (FSA).
-
401(k) Plan with Employer Match.
-
Holidays, Vacation & Sick Time.
-
Parental Leave.
-
Tuition Assistance.
-
Matching Gift Program.
-
Wide Array of Voluntary, Employee-Paid Benefits to choose from including Critical Illness & Accident Insurance, Identity Theft Protection & Pet Insurance.
The estimated base compensation range for this position is $150,000 to $170,000 per year.