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Full-time
On-site
Posted 2 weeks, 1 day ago
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0 applications
Job Description
**Position Overview:**
Spark GHC is seeking a Manager/Director of Asset Management to oversee the financial and operational performance of its portfolio of select and limited\-service hotels across the US.
The Manager/Director will act as the owner’s representative, driving NOI growth through revenue optimization, labor efficiency, capital discipline, operator accountability, and risk mitigation. This is a hands\-on, highly analytical role suited for an experienced hospitality professional who combines institutional discipline with entrepreneurial judgment. High flexibility for travel is required.
**Why Join Spark GHC?**
* Play a vital role in a growing platform nearing $500M in AUM with an aggressive expansion strategy backed by active investors and a strong acquisition and development pipeline.
* Work with a dynamic team where your contributions directly impact portfolio and investment outcomes, with frequent exposure to senior and executive leadership.
* Join a mission\-driven firm with a culture of collaboration, integrity, and performance.
**Key Responsibilities:**
**Asset Performance \& Execution**
* Oversee a portfolio of 10\-15 assets
* Own asset\-level business plans from acquisition through disposition
* Drive performance versus owner and operator pro formas, annual budgets, and weekly/monthly reforecasts
* Analyze monthly P\&Ls, cash flow, and STR results with emphasis on flow\-through and margin
**Operator Oversight**
* Enforce accountability around staffing models, expense controls, and service delivery
* Evaluate operator performance against portfolio benchmarks and scorecard
* Establish clear expectations for GM and regional leadership execution through quarterly initiatives
**Revenue Strategy**
* Partner with Director/VP of Revenue Management \& Commercial Strategy to supervise third\-party operator’s pricing, channel mix, and segmentation strategy for hotels
* Evaluate brand contribution by segment (corporate negotiated, government, internet, loyalty, OTA)
* Ensure disciplined approach to discounts, promotions, and reward redemptions
**Capital \& Lifecycle Management**
* Manage capital plans, FF\&E reserves, and ROI\-driven renovations
* Prioritize projects tied to rate growth, labor reduction, or maintenance risk mitigation
* Oversee project timing, budgets, and draw approvals
**Acquisitions \& Portfolio Strategy**
* Support Acquisitions with underwriting validation, diligence, and transition planning
* Prepare assets for refinancing or disposition through operational optimization
* Partner with capital markets on lender reporting and covenant compliance
**Reporting \& Ownership Communication**
* Present on respective asset portfolio to senior leadership on a monthly basis
* Produce quarterly reports for senior leadership and investors
* Clearly communicate risks, opportunities, and required ownership decisions
**Qualifications:**
* Bachelor’s degree in Hospitality Management, Business, Economics, or related field
* Prior experience will determine role title. A Manager candidate must have 5\+ years of progressive hotel operations and/or asset management experience, with 2\+ years in a multi\-property, regional, or ownership\-level role. A Director candidate must have 8\+ years of progressive experience, with 5\+ years in a multi\-property, regional, or ownership\-level role.
* Intermediate to advanced level modeling and presentation skills, including proficiency in Excel and PowerPoint.
* High level of analytical and problem\-solving skills with robust attention to detail.
* Effective communication skills to professionally present to both internal and external stakeholders, with proven ability to influence cross\-functional management teams and motivate on\-property leadership to achieve pro forma and budgeted performance goals.
* Ability to travel up to 75%, with monthly “In\-Office Weeks” in Cleveland, and occasional trips to portfolio assets, potential acquisitions, and industry events/conferences.
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