Vice President, Hospitality Asset Management

San Manuel Band of Mission IndiansHighland, CA, US

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Vice President, Hospitality Asset Management

The Vice President, Hospitality Asset Management leads and oversees a diverse and growing portfolio of complex, full-service lodging assets, driving long-term value creation through market analysis, capital planning and performance optimization. Maximizes asset value and investment returns by providing strategic oversight of hotel management teams to drive operational excellence and profitability. Partners closely with internal and external stakeholders to facilitate cross-property collaboration, align asset strategies and achieve enterprise goals.

Essential Duties And Responsibilities

Provides strategic leadership across a dynamic portfolio of lodging assets, ensuring alignment with enterprise objectives and long-term value creation. Utilizes hotel management input, industry benchmarking, financial analysis, and modeling to evaluate hotel operations, business plans, sales & marketing strategies, and strategic capital deployment.
Conducts regular reviews with hotel executive teams to assess monthly and quarterly performance, annual business plans, and long-term strategic initiatives. Proactively identifies and resolves ownership and operational issues, preserving asset integrity and brand reputation. Partners with hotel executive teams to ensure operational excellence and highest standards of guest service and experience at individual properties and consistency across the portfolio.
Cultivates and manages key relationships with internal and external stakeholders, including investment partners, operators, brand representatives, governmental institutions, and other key stakeholders. Aligns asset strategies with broader enterprise goals through deep cross-functional and cross-property collaboration.
Drives asset strategy development, identifying opportunities for repositioning, operational enhancements, and strategic partnerships.
Manages property-level and portfolio-level cash flow performance, ensuring liquidity, identifying variances, and supporting proactive financial planning. Collaborates with hotel operators and internal finance teams to monitor working capital, optimize cash management strategies, and ensure alignment with ownership objectives and investment targets.
Oversees capital deployment in collaboration with hotel teams and internal development groups, ensuring alignment with brand standards and ROI targets. Leads capital planning initiatives, including five-year and annual CapEx strategies. Tracks and analyzes ROI for capital projects and operational improvements, with a focus on value creation and investor returns. Prepares investment summaries and makes recommendations for major capital expenditures, renovations, and repositioning initiatives.
Monitors and analyzes operating performance to ensure optimal return on investment, leveraging KPIs such as RevPAR, ADR, GOP margins, and guest satisfaction indices. Tracks investment performance through industry benchmarking tools, financial models, and internal investment guidelines.
Maintains deep market intelligence across hospitality sectors and local markets, with a focus on demand drivers, competitive positioning, and demographic trends. Adapts asset strategies to preserve competitive positioning and enhance profitability.
Ensures governance and compliance with all management, franchise or brand affiliation and loan agreements. Reviews and negotiates legal documents including operating agreements, franchise / license agreements, property contracts, and ground leasesto protect ownership interests, support asset performance, and ensure alignment with hospitality investment objectives.
Delivers executive-level reporting on market conditions, operational performance, and capital expenditures. Collaborates with finance and accounting teams to support monthly, quarterly and annual reporting cycles.
Supports strategic transactions, including acquisitions, dispositions, and recapitalizations through participation in due diligence and preparation of pro forma business plans.
Performs other duties as assigned to support the efficient operation of the department.

Supervisory Responsibilities

Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning reviewing and directing work; evaluating and appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Makes hiring decisions and designs individual development plans with succession planning in mind for all key roles.

Education, Experience And Qualifications

Bachelors degree in Finance, Accounting, Business Administration, Hospitality Management, Real Estate or related field required.

Masters degree in Finance, Accounting, Business Administration, Hospitality Management, Real Estate or related field preferred.

Minimum of twelve (12) years of hospitality asset management, hospitality operations, or lodging real estate investment.

Minimum of ten (10) years of supervisory experience required.

Related, relevant, and / or direct experience may be considered in lieu of minimum educational requirements indicated above.

Knowledge, Skills And Abilities (KSA)

Deep understanding of hotel performance metrics including RevPAR, ADR, GOP margins, and guest satisfaction indices.

Strong grasp of hospitality market trends, competitive dynamics, and demand drivers across geographic regions.

Familiarity with asset management systems (e.g., ProfitSword, HotStats, STR, etc.) and business intelligence tools.

Ability to strategically formulate and execute long-range plans that align with enterprise objectives and drive portfolio growth.

Familiarity with front-of-house and back-of-house operations, revenue management, labor models, and service delivery standards.

Experience managing renovation and repositioning projects, including budgeting, phasing, and brand compliance.

Ability to navigate brand standards, franchise agreements, and operator relationships.

Ability to interpret and negotiate hotel-related legal documents and agreements.

Leads cross-functional initiatives with clarity, influence, and accountability.

Cultivates strong relationships across internal departments, external partners, and stakeholders to optimize asset performance.

Experience in designing and building a team structure that aligns with business objectives and scales with organizational growth.

Capable of delivering clear, concise, and persuasive presentations to senior leadership and investment committees.

Demonstrates unwavering integrity and discretion in managing sensitive financial and operational data.

Communicates with executive presence, delivering clear, concise, and impactful reports and presentations.

Highly proficient in Microsoft Excel, Word, and PowerPoint, with experience in asset management platforms and reporting tools.

Licenses, Certifications And Registrations

At the discretion of the San Manuel Tribal Gaming Commission, you may be required to obtain and maintain a gaming license.

Certified Hotel Asset Manager (CHAM), Chartered Financial Analyst (CFA), Certified Commercial Investment Member (CCIM) preferred.

Driving Responsibilities : Role requires regular commuting between locations. A valid driver's license and vehicle insurance with minimum liability limits is required. Role will not operate or drive Tribe-owned vehicles or patron vehicles.

Physical Requirements / Working Conditions Environment

Primary work environment is in a climate-controlled office setting.

Work requires travel to attend meetings, trade shows, and conferences.

Incumbents may be required to work evening, weekend and holiday shifts.

Must be able to work in a fast-paced, high-demand environment.

Strength sufficient to exert up to 10 pounds of force occasionally and / or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects and / or move up to 40 pounds occasionally.

Sedentary work : involves sitting most of the time. Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.

Physical activities that apply to the essential functions of the position are balancing, stooping, kneeling, crouching, reaching, pushing, pulling, lifting, grasping, talking, hearing, and repetitive motions.

Hearing sufficient to hear conversational levels in person, via videoconference and over the telephone.

Speech sufficient to make oneself heard and understood in person, in front of groups, in meetings, via videoconference and over the telephone.

Visual acuity that meets the requirements of the position : The worker is required to have close visual acuity to perform an activity such as preparing and analyzing data and figures; transcribing; viewing a computer terminal; expansive reading and visual inspection of employees, visitors or facility.

Mobility sufficient to safely move in an office environment, walk, stoop, bend and kneel, and enter, exit and operate a motor vehicle in the course of travel to promotional events, meetings, conferences, trade shows and San Manuel properties.

Endurance sufficient to sit, walk and stand for extended periods, and maintain efficiency throughout the entire work shift and during extended work hours.

The employee may be exposed to fumes or airborne particles including secondhand smoke.

Reasonable accommodation will be made in compliance with all applicable law.

As one of the largest private employers in the Inland Empire, San Manuel deeply cares about the future, growth and well-

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Vice President Asset Management • Highland, CA, US