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Living Fully Communities & Resorts, an affiliate of DLP Capital is seeking an experienced and highly analytical Senior Asset Manager to oversee and optimize the performance of our hospitality portfolio. The portfolio will operate under our newest fund and consist of resorts, RV's, lodging, and outdoor recreation. The ideal candidate will be responsible for maximizing asset value through strategic oversight, financial performance analysis, capital planning, and coordination with operating partners and internal stakeholders. This role will act as the owner's representative, providing strategic direction and oversight to resort operators and property management teams.
Job Responsibility:
Manage a portfolio of hospitality assets, ensuring each property meets or exceeds financial and operational performance targets
Develop sales and revenue management strategies, drive improved performance, and maximize asset value
Monitor booking velocity and trends to maximize RevPAR during all periods of seasonality
Measure and execute marketing strategies to optimize F&B, events, short term rentals, long-term rentals, and core revenue channels
Lead marketing efforts to drive leads and conversions across all assets in the portfolio
Manage contracts with 3rd party vendors, service providers, and brand franchisors
Identify, analyze, and implement opportunities to increase revenue and reduce operating expenses
Monitor and analyze financial performance (P&L statements) on a regular basis
Develop and report on performance monthly, quarterly, and annually
Create and present weekly KPI reporting, monthly forecasting, and variance analysis to senior leadership
Review and ensure compliance of management agreements and loan documents
Coordinate and oversee capital expenditure projects, working closely with Development, Construction, and Operations
Monitor budgets and execution to ensure efficient use of funds and timely project delivery resulting in measurable ROI
Conduct market analysis to assess competitive positioning, trends, and risks
Benchmark property performance against peers, industry standards, budgets, and pro forma business plan
Requirements:
Bachelor's degree in Hospitality, Real Estate, Finance, or related field
MBA or relevant graduate degree strongly preferred
5+ years of experience in Hospitality Asset Management, Operations, Real Estate Investment, or related field
Strong understanding of financial statements, balance sheets, valuation, and industry metrics
Excellent analytical and communication skills
Proficiency in financial modeling, budgeting, and forecasting
Advanced excel and presentation skills
Experience operating under brand franchises and 3rd party property managers
Knowledge of both full service and select service hospitality segments
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