Cobalt Recruitment
VP/Assoc - European Hotel Asset Management
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VP/Associate - European Hotel Asset Manager
A specialist European hospitality investment management firm is seeking a Vice President / Associate to join its growing team, supporting the active management and value creation of a pan-European hotel portfolio while also contributing to investment and acquisition initiatives.
This is an excellent opportunity for an analytically minded hospitality real estate professional looking to take ownership of assets and play a key role in business plan execution, operational performance, and investment decision-making.
Working closely with senior members of the business, the successful candidate will gain broad exposure across asset management, acquisitions, and portfolio strategy within a highly entrepreneurial investment platform.
The successful candidate will combine strong financial and commercial acumen with an excellent understanding of hotel operations and performance drivers. They should be comfortable presenting recommendations to senior stakeholders and confident working with operators, advisors, and investment partners across Europe.
Key Responsibilities
- Support the asset management of a pan-European hotel portfolio, monitoring operational and financial performance against approved business plans.
- Analyse hotel operating performance and key KPIs, including occupancy, ADR, and RevPAR, to identify opportunities for value creation.
- Support capex programmes, repositioning initiatives, and operational improvement strategies across the portfolio.
- Build and maintain financial models supporting asset management initiatives, business plans, and investment opportunities.
- Work closely with hotel operators to challenge budgets, forecasts, and operational initiatives, ensuring assets perform in line with investment objectives.
- Assist with acquisitions, including underwriting new opportunities, conducting due diligence, and preparing Investment Committee materials.
- Produce portfolio reporting, market analysis, and strategic recommendations for senior management and capital partners.
- Collaborate with external stakeholders including operators, consultants, valuers, and lenders across multiple European jurisdictions.
- Support ESG, business planning, and portfolio optimisation initiatives where appropriate.
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Candidate Profile
- Previous experience within hotel asset management, hotel investment, hotel advisory, or hospitality real estate.
- Strong understanding of hotel operating metrics and financial performance, including budgeting, forecasting, and P&L analysis.
- Hospitality academic background and direct hotel sector experience strongly preferred.
- Strong financial modelling skills, with excellent Excel capability and a highly analytical approach.
- Comfortable managing multiple stakeholders across owners, operators, and advisors.
- Excellent communication and presentation skills, with the confidence to engage senior stakeholders.
- Fluency in multiple European languages is required.
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Why This Role?
This is a rare opportunity to join a specialist European hotel investment platform in a role offering genuine breadth, responsibility, and exposure.
Rather than sitting solely within acquisitions or portfolio reporting, you will play an active role in shaping business plans, working alongside hotel operators, driving operational performance, and supporting investment decisions across a growing European portfolio.
The position offers excellent long-term progression within a lean, entrepreneurial team where individuals are given significant responsibility from an early stage.
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