Assistant Vice President of Asset Management-Hotels

About the role

The Assistant Vice President of Asset Management evaluates hotel asset performance and executes the business plan to drive maximum asset value. The role advises on maximizing revenues, creating operational efficiencies, and maintaining the physical asset, while advocating Crawford Hoying’s interests with third‑party hotel management teams. It also evaluates asset performance for potential acquisition and disposition, presents complex financial information to departments, executive leadership, lenders, and investors, and works across all lines of business. Strong face‑to‑face and written communication skills are essential, and the position is a leadership role that implements Crawford Hoying’s 7 Core Values. The job requires frequent driving or flying to the company’s hotel assets with occasional overnight stays, operates from the corporate office with core hours 8:00 am–5:00 pm Monday–Friday (with flexibility for extra hours), and includes physical demands such as standing, walking, sitting, reaching, and lifting up to 25 pounds. The role reports to the Senior Vice President of Asset Management and oversees an Analyst.

Responsibilities

• Manage direct and indirect reports by implementing the 7 Core Values established by Crawford Hoying
• Oversee, train, and develop direct reports
• Provide leadership to the team through all stages of employment, including recruitment and hiring, teambuilding, resolving personnel issues, and applying disciplinary procedures
• Take responsibility for the quality of the work product presented by direct/indirect reports and external sources; review work for accuracy before submitting to others
• Prepare annual reviews, set goals, and implement personal development plans for direct reports
• Motivate team members to participate in classes and training
• Approve schedules, workloads, and paid time off
• Proactively provide operational oversight of the company’s portfolio of hotel assets by regularly interacting with third‑party hotel management teams and consultants, advising on hotel management, applying real estate strategy, and evaluating return on investment
• Regularly visit the hotels to inspect the facilities to ensure that company standards are being maintained and to spot deficiencies in cleanliness, service levels, and property conditions; meet with management and tour the market areas and competitive set of hotels
• Oversee Analysts who develop and maintain advanced Excel financial models for existing investments in order to analyze past results, forecast future performance, and recommend actions for optimization
• Identify, analyze, and collaborate with third‑party hotel management teams on implementing opportunities for increased revenues and operational efficiencies
• Provide oversight of renovation projects to ensure that projects are completed on time, within budget, and with the least amount of financial impact to the asset
• Prepare and present monthly, quarterly, and year‑end summary reports for leadership, lenders, and investors
• Oversee Analysts who help identify, build, and drive process improvements, including the creation of standard and ad‑hoc reports, tools, and Excel dashboards
• Collaborate with Accounting on annual budget preparation
• Collaborate with Accounting to review monthly and annual financials
• Manage liquidity at investment levels through cash management and collaboration with Accounting
• Monitor compliance with all management, franchise, and other applicable agreements
• Monitor and track legal obligations, including debt compliance and joint venture agreements
• Coordinate the performance of market research, data mining, business intelligence, and valuation comps to keep informed of the dynamics of each market area to develop a strong understanding of the hotels and their respective markets
• Visit comparable hotels for competitive assessment
• Respond to and collaborate with peers in a timely and supportive manner
• Effectively interact with in‑house departments to ensure a consistent understanding of the performance of and any potential issues with the hotel portfolio
• Keep informed of hospitality operational trends and how such trends may impact the company’s hotel portfolio
• Build relationships with partners and others in the industry by getting involved with industry organizations
• Work on special projects and perform other duties as assigned
• Uphold the 7 Core Values established by Crawford Hoying to maintain its desired culture
• Maintain communication response time and professionalism
• Demonstrate leadership and accountability
• Engage in face‑forward interaction and engagement with other departments
• Show willingness to take on projects and learn a variety of concepts, practices, and procedures

Qualifications

• 7+ years of relevant experience in asset management, hotel operations, or equivalent experience
• 2 years of experience leading and developing direct reports and/or a team
• Bachelor’s degree

Skills

• Ability to work in a team environment and interact with internal and external executive‑level leadership
• Strong analytical, organizational, problem‑sol