Fontainebleau Miami Beach
Executive Office | Asset Manager
Location: Fontainebleau Miami Beach, Miami‑Fort Lauderdale Area
Salary: $110,000 – $180,000 (announced 3 weeks ago)
Overview The Asset Manager drives value creation across a portfolio of resort, full‑service, and selective‑service hotels, partnering with property leadership and business leaders to maximize revenue growth, margin expansion, and capital efficiency. This role owns the asset plan, annual business plan review, capital strategy, and performance oversight—turning owner objectives into measurable results. Reports directly to the COO and collaborates with Development, Finance, Legal, Risk Management, and Brand teams.
Key Responsibilities
Own the multi‑year asset plan per property (positioning, capital roadmap, value‑creation levers).
Lead monthly/quarterly owner reviews covering Revenues, EBITDA, RevPAR index, mix/price strategy, GOP/flow‑through, cash, and forecast risk.
Benchmark performance vs. comparables; challenge plans to improve RevPAR index, TRevPAR, GOPPAR, labor productivity, F&B margins, and overhead departmental expense.
Partner with GMs, DOFs, and revenue leaders to optimize pricing, mix, distribution, and group/catering strategy.
Review sales pipeline, marketing ROI, channel costs, and contribution margins to ensure clear pace and pickup actions.
Monitor guest experience/ITR drivers linked to financial outcomes and franchise/ownership goals.
Co‑own the annual business plan and budget assumptions, risks, and sensitivities.
Build and govern the CapEx plan (FF&E/strategic projects), business cases, IRR/NPV, and post‑investment reviews.
Oversee R&M vs. capital delineation; ensure asset protection and brand compliance.
Support acquisitions/dispositions underwriting models, market diligence, and transition plans.
Partner with Finance on lender reporting, covenants, DSCR coverage, and required approvals.
Coordinate with Legal/HR on union/CBA impacts, labor strategy, and compliance items.
Track ESG initiatives (energy/water/waste), incentives, and returns tied to operating savings and brand value.
Maintain robust models and dashboards (Excel, Power BI/Tableau; exposure to STR/HotStats, RMS/PMS data such as IDeaS, Opera).
Standardize KPI reporting across properties; ensure data integrity and clear decision memos.
Qualifications
Advanced financial modeling (Excel) and business case development.
Strong commercial acumen in revenue management, sales & marketing, channel economics.
Experience with capital planning and project execution; ability to assess design scope vs. returns.
Excellent communication – concise executive summaries, clear recommendations, and meeting facilitation.
Comfort in union environments and complex multi‑outlet operations (F&B, nightlife, spa, retail).
Bachelor’s in Finance, Economics, Hospitality, or related field; MBA, CFA, CPA preferred.
7‑10+ years in hotel asset management, hospitality operations, private equity, owner‑side FP&A, or property‑level DOF/commercial leadership for large, luxury or high‑volume hotels/resorts.
Proven track record as hotel General Manager, Complex VP, or equivalent.
Seniority Level Executive
Employment Type Full‑time
Job Function Finance and Sales
Industry Hospitality
EEO Statement Fontainebleau Miami Beach is an equal opportunity employer. All qualified applicants will receive consideration for employment regardless of age, race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or veteran status.
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Salary: $110,000 – $180,000 (announced 3 weeks ago)
Overview The Asset Manager drives value creation across a portfolio of resort, full‑service, and selective‑service hotels, partnering with property leadership and business leaders to maximize revenue growth, margin expansion, and capital efficiency. This role owns the asset plan, annual business plan review, capital strategy, and performance oversight—turning owner objectives into measurable results. Reports directly to the COO and collaborates with Development, Finance, Legal, Risk Management, and Brand teams.
Key Responsibilities
Own the multi‑year asset plan per property (positioning, capital roadmap, value‑creation levers).
Lead monthly/quarterly owner reviews covering Revenues, EBITDA, RevPAR index, mix/price strategy, GOP/flow‑through, cash, and forecast risk.
Benchmark performance vs. comparables; challenge plans to improve RevPAR index, TRevPAR, GOPPAR, labor productivity, F&B margins, and overhead departmental expense.
Partner with GMs, DOFs, and revenue leaders to optimize pricing, mix, distribution, and group/catering strategy.
Review sales pipeline, marketing ROI, channel costs, and contribution margins to ensure clear pace and pickup actions.
Monitor guest experience/ITR drivers linked to financial outcomes and franchise/ownership goals.
Co‑own the annual business plan and budget assumptions, risks, and sensitivities.
Build and govern the CapEx plan (FF&E/strategic projects), business cases, IRR/NPV, and post‑investment reviews.
Oversee R&M vs. capital delineation; ensure asset protection and brand compliance.
Support acquisitions/dispositions underwriting models, market diligence, and transition plans.
Partner with Finance on lender reporting, covenants, DSCR coverage, and required approvals.
Coordinate with Legal/HR on union/CBA impacts, labor strategy, and compliance items.
Track ESG initiatives (energy/water/waste), incentives, and returns tied to operating savings and brand value.
Maintain robust models and dashboards (Excel, Power BI/Tableau; exposure to STR/HotStats, RMS/PMS data such as IDeaS, Opera).
Standardize KPI reporting across properties; ensure data integrity and clear decision memos.
Qualifications
Advanced financial modeling (Excel) and business case development.
Strong commercial acumen in revenue management, sales & marketing, channel economics.
Experience with capital planning and project execution; ability to assess design scope vs. returns.
Excellent communication – concise executive summaries, clear recommendations, and meeting facilitation.
Comfort in union environments and complex multi‑outlet operations (F&B, nightlife, spa, retail).
Bachelor’s in Finance, Economics, Hospitality, or related field; MBA, CFA, CPA preferred.
7‑10+ years in hotel asset management, hospitality operations, private equity, owner‑side FP&A, or property‑level DOF/commercial leadership for large, luxury or high‑volume hotels/resorts.
Proven track record as hotel General Manager, Complex VP, or equivalent.
Seniority Level Executive
Employment Type Full‑time
Job Function Finance and Sales
Industry Hospitality
EEO Statement Fontainebleau Miami Beach is an equal opportunity employer. All qualified applicants will receive consideration for employment regardless of age, race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or veteran status.
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