Managing Director – Asset Management

  • Competitive
  • Vancouver, BC, Canada
  • Permanent, Full time
  • AHIP Management Ltd
  • 10 Aug 17

Reporting to the President, the Managing Director – Asset Management is responsible for overseeing the management of the hotel assets of a publicly-traded real estate investment trust investing primarily in premium branded, select-service hotels.

  • Review and provide input to each hotel's capital expenditure and Property Improvement.

 

  • Plan projects. Partner with the hotel manager's Design and Construction group to ensure projects are completed on time and within budget.           
  • Provide support for special projects such as acquisitions, dispositions, recapitalizations and expansions.
  • Develop constructive working relationships with a variety of internal and external constituencies.
  • Maintain regular communication with brand representatives and property contacts, including monthly review of financial performance, service performance, ongoing asset protection, brand compliance, accounts receivable, etc.


Skills Generally:

  • Expert knowledge of the lodging/hospitality industry.
  • Thorough understanding of the sales and yield strategies processes within the high end/luxury lodging industry.
  • Demonstrated experience in solving business development and financial problems within the high end/luxury lodging industry.
  • Ability to analyze financial data and projections.
  • Strong written and verbal communications skills
  • Positive innovative approach to problem solving
  • Experience with hotel accounting
  • Advanced knowledge of Word, Excel and Powerpoint
  • Ability to work independently and prioritize multiple complex projects
  • Flexibility to provide assistance as required


Education – Bachelor’s degree with specialization in Hotel Administration or Finance from a reputable University


 

 

 

Experience – Must provide proof of the following professional experience:

  • Minimum of 3 Years experience in Hotel Operations with an internationally recognized high end/luxury property brand;
  • Minimum 5 years experience providing market analysis of US hotel properties for an international Luxury/high end hotel chain
  • Minimum 5 years select service hotel and real estate research and providing underwriting analysis with a hotel/real estate specific investment fund
  • In depth underwriting experience for a select service upper mid market Northeast US hotel portfolio.

Compensation Package

  • Salary Range from $175,000 to $225,000 annually.
  • Executive Incentive Program – Unit Purchase Matching program, Short Term Incentive Plan; Long Term Incentive Plan;
  • Benefits Plan – Medical Plan (Dental, Vision, Extended Healthcare, Prescribed Drug Plan; MSP Premiums); Payment of all reasonable employment-related expenses, including reasonable cell phone charges and out of pocket expenses; and Payment of annual professional accounting dues, memberships and related professional development course expenses if necessary
  • Paid Vacation –  2 Weeks

Details

  • Permanent full time work.  40 Hrs/week.  No overtime available as position is management level.
  • Location of work – Suite 800, 925 West Georgia Street, Vancouver BC V6B 3L2
  • Position requires extensive international travel.
  • Department - Asset Management.
  • Language required for work - English

Please send resume and cover letter detailing required experiences above to

MD-AM@ahipreit.com.  Only applicants who meet all required qualifications will be contacted for an interview.