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One Bangkok : Assistant Vice President, Hotel Asset Management

Country:  Thailand
State:  Bangkok
Job Function:  Investment & Asset Management
Job Posting Date:  10 Feb 2025

ABOUT FRASERS PROPERTY LIMITED
Frasers Property Limited (“Frasers Property” and together with its subsidiaries, the “Frasers Property Group” or the “Group”), is a multinational investor-developer-manager of real estate products and services across the property value chain. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore.

Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts (“REITs”) and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.com or follow us on LinkedIn.

Job Summary

To lead a portfolio of hotel assets, drive investment performance, and optimize financial and operational results. This role involves collaborating with hotel operators, analyzing key performance metrics, and implementing strategic initiatives to maximize asset value.

Job Description

Overall Responsibilities:

  • Lead a team managing a portfolio of hotels, driving asset performance to meet financial and operational targets.
  • Collaborate with Hotel GM, Operator HQ, and key stakeholders to maintain relationships.
  • Mentor junior team members to develop skills and critical thinking.

Strategic Planning:

  • Understand the hotel’s unique business objectives, competitive landscape, and operational processes.
  • Partner with hotel teams, consultants, and shared services to develop and execute project plans and budgets.

Driving Asset Performance:

  • Align performance expectations between management and business units.
  • Develop key performance reports, monitor forecasts, and track cash flow, AR, AP, and loan repayments.
  • Create financial models and conduct operational improvements.
  • Propose improvements to Hotel GM/Operator and monitor progress.

Competitor Benchmarking:

  • Analyze market trends, demand, supply, and consumer volume to identify opportunities.
  • Adjust strategies based on market conditions and data insights.

Compliance Monitoring:

  • Ensure hotels maintain valid licenses and permits.
  • Monitor insurance coverage and claims processes in coordination with relevant teams.

Administration:

  • Manage Asset Managers/Executives and prepare management reports and papers for approval.
  • Coordinate board meetings and maintain asset-related databases and files.
  • Provide regular updates on asset performance and related tasks.

Other Assignments:

  • Handle special tasks or contribute to project teams as needed.

Key Qualification

  • Bachelor’s or Master’s degree in Finance, Business Administration, Hospitality Management, or a related field.
  • 8+ years in hotel asset management, investment analysis, or hospitality finance.
  • Strong financial analysis and modeling skills. 
  • Experience in hotel operations and investment performance management. 
  • Ability to manage multiple stakeholders, including hotel GMs and operators.
  • Excellent problem-solving and decision-making abilities.
  • Fluent in both written and spoken English

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 organisation, which helps our people to thrive each day.

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