The First Group
Senior Manager - Hotel Asset Management (Revenue Management)
- Permanent
- Dubai, United Arab Emirates
- Experience 5 - 10 yrs
- Urgent
Job expiry date: 12/03/2026
Job overview
Date posted
27/01/2026
Location
Dubai, United Arab Emirates
Salary
AED 30,000 - 40,000 per month
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Senior Manager
Qualification
Bachelors degree
Expiration date
12/03/2026
Job description
The Senior Manager - Hotel Asset Management (Revenue Management) is responsible for overseeing a portfolio of hotels with a primary focus on maximizing asset value through the execution of an investment strategy and revenue management. The role involves acting as an Owner Representative to represent the asset manager's interests at the property level, monitoring and assessing the revenue strategies proposed by each hotel, and ensuring optimal room revenue performance. The position requires designing and implementing continuous proactive selling strategies and action plans to optimize hotel profitability, maintaining up-to-date knowledge on market dynamics, demographics, and competitors, analyzing data from hotel systems, generating weekly, monthly, and quarterly operational reports, and preparing revenue forecasts and business performance reviews. Additionally, the role requires reviewing and critiquing operator revenue budgets, analyzing operating and capital budgets, identifying value enhancement opportunities, leading capital improvement projects, performing risk assessments and mitigation for the hotel portfolio, conducting regular property visits to ensure strategy execution, and supporting due diligence for potential acquisitions. The role requires strong knowledge of hotel operations, the lodging industry, market trends, revenue management tools, distribution systems, and large inventory property management within the GCC markets, with a focus on Dubai.
Required skills
Key responsibilities
- Design and control continuous proactive selling strategies and action plans to optimize hotel profitability and top-line performance
- Monitor and analyze all market and submarket factors affecting hotel portfolio performance, including demand generators, competitive pricing, and yield strategies
- Prepare, deliver, and maintain weekly, monthly, and quarterly market and operational reports ensuring accuracy and timely submission
- Support hospitality assets yield efforts through detailed analysis and reporting to maximize revenue across all segments and distribution channels
- Collaborate with hotel revenue management teams to ensure alignment of strategies and challenge generated revenue forecasts
- Assess strategy for third-party distribution channels and evaluate performance of distribution partners and contracted rates
- Conduct property-level business performance reviews, prepare data for asset management team, and critique operator yearly revenue budgets
- Review and manage operating and capital budgets, marketing plans, and implement the investment strategy to maximize profitability
- Lead capital improvement projects, identify value enhancement opportunities, and execute initiatives that provide attractive returns on investment
- Identify portfolio risks and lead mitigation efforts while keeping abreast of industry trends and market dynamics
- Perform revenue projections, financial forecasts, and due diligence for potential acquisitions
- Regularly visit properties to proactively manage and facilitate execution of asset management and revenue strategies
- Ensure achievement of budgeted targets in RevPAR and market penetration metrics and provide recommendations to improve strategies
Experience & skills
- Current experience in a senior revenue management position with responsibility for multiple properties; asset management experience is a plus
- Strong revenue management experience with at least 6 years in hotel revenue management
- Proficient in data analytics, reporting, and digital tools including Excel and Microsoft Office programs
- Ability to manage multiple team members and collaborate across organizational functions
- Exceptional negotiation and interpersonal communication skills with experience challenging operators
- Exposure to 4-star and 5-star properties with experience managing large inventory hotels
- UAE work experience with Dubai market exposure required
- Practical knowledge of hotel operations, lodging industry metrics, real estate markets, and hotel technology including Revenue Management Systems, Hotel Reservation Systems, and Distribution Systems
- Excellent written and verbal communication skills, report production capability, and strong attention to detail
- Ability to work independently and as part of a team in a fast-paced, results-driven environment
- Motivated to progress professionally with strong initiative and objective-oriented drive