VP - Asset Management (Hospitality) | Dubai, UAE

Venture Search is hiring a Vice President of Asset Management for its Dubai office. This role involves overseeing a hospitality real estate portfolio, optimizing performance, and managing relationships with hotel brands. Key responsibilities include driving asset strategy, conducting performance reviews, and collaborating with various teams on financial decisions. Candidates should have over 6 years of experience in hospitality asset management and a strong understanding of hotel operations.
Vice President - Asset Management

A prominent investment organisation in the region is seeking a Vice President of Asset Management to oversee and optimise the performance of its expanding hospitality real estate portfolio. This is a mid-level position suited to someone with deep commercial understanding of hotel operations, value creation strategies, and asset-level performance management.

Key Responsibilities
• Drive asset-level strategy to maximise income, improve operational efficiency and protect long-term value.
• Oversee the performance of a diversified hospitality portfolio, including hotels, resorts, and mixed-use properties.
• Lead quarterly and annual asset reviews, challenging operators and implementing operational improvements.
• Manage relationships with international hotel brands and operating partners, negotiating terms and ensuring alignment on performance targets.
• Develop and monitor financial models, budgets, KPIs, and capex plans.
• Provide insight and recommendations on renovation projects, repositioning opportunities, and brand selection.
• Collaborate closely with investment, finance, and development teams on underwriting, acquisitions, and disposal decisions.
• Present asset performance updates and recommendations to senior leadership.

Requirements
• 6+ years of experience in hospitality asset management, hotel operations, advisory, or investment roles.
• Strong understanding of hotel P&L, financial modelling, operator agreements, and industry KPIs (RevPAR, NOI, GOP, etc.).
• Proven track record of driving value, improving performance, and influencing operator outcomes.