Senior Manager, Asset Management (Frasers Hospitality)

Primary Role

This role serves as the capital steward for a defined group of assets within a global hospitality real estate portfolio, with accountability for delivering their performance in line with approved business plans. It combines asset strategy with hands-on execution and reports directly to the Director, Asset Management.

Key Responsibilities

Modelling & Papers

• Build, own and maintain asset-level financial models from first principles
• Model Asset Enhancement Initiatives (AEIs) business cases, hold/sell scenarios and operator structure alternatives
• Author strategic and approval papers for management and Board decisions
  
  

Business Planning & Performance

• Prepare and own the annual business plan for each assigned asset
• Negotiate and defend annual Operating and CapEx Budgets with operators
• Monitor RevPAR, GOP margin, NOI and property-before-tax cash flow against budget and comp set
• Prepare analysis underpinning hold strategy, exit timing and hold/sell reviews
  
  

Operator Management

• Run monthly owner's meetings and drive the commercial agenda
• Challenge operator strategy on segmentation, rate and yield, F&B and cost productivity
• Benchmark performance and escalate underperformance with a remediation plan
• Apply Hotel Management and Lease agreement terms; support the Director on negotiations
  
  

Asset Enhancement & Capital Projects

• Originate AEIs and repositioning opportunities; build the ROI, ROCE and IRR case
• Deliver projects end to end: consultant selection, procurement, budget and programme control
• Report realised returns post-completion against the approved business case
  
  

Valuation, Reporting & Operations

• Run the annual valuation exercise, including RFP and process management
• Prepare monthly and quarterly asset reports; liaise with auditors and external advisors
• Oversee property and facility management partners, consultants and contractors
  
  

Key Qualifications

• 9+ years of relevant real estate asset management in operating assets; hospitality preferred
• Advanced modelling- able to build an asset-level cash flow model from a blank sheet
• Quantifiable track record of value creation across assigned assets
• Experience managing third-party hotel operators, including budget negotiation
• AEI or refurbishment delivery from feasibility through completion; feasibility and ROCE analysis
• Skills in monitoring, benchmarking, and supporting hotel operators, with prior experience integrating ESG measures into assets
• Concise, decision-oriented paper writing for senior audiences
• Hands-on and pragmatic; effective in a lean environment
• Degree in Real Estate, Finance, Business or Hospitality
• Collaborative team player with a professional and approachable demeanour
• Strong communication, presentation, and stakeholder management skills
• Grounded, adaptable mindset with a proactive, solution-oriented approach
  
  

Diversity brings us closer to the communities we serve


Guided by our Purpose, we are creating, inspiring, and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Property forward. Our values drive everything we do, which are core to creating safe places where everyone belongs, is mutually respected and feels empowered to be authentic at work. Working collaboratively makes us progressively stronger and better as an organization, which helps our people to thrive each day.