About this opportunity
A&R Hospitality LLC lists this Hotel Asset & Development Manager. opportunity in gulf shores, Alabama. Review the employer’s description below for duties, qualifications and application requirements.
Job description
ASSET & DEVELOPMENT MANAGER
Hotel Asset Management | Development | Construction | Capital Projects
Gulf Shores, Alabama (On-site) | Full-Time | Exempt
Few roles give you this much of the hotel investment picture.
At A&R Group, Development, Design, Construction, and Hospitality Management all live under one roof. As our Asset & Development Manager, you'll sit at the center of it: tracking how every hotel performs against its budget and underwriting, leading renovations and PIPs, submitting construction draws, and helping bring new hotels from groundbreaking to opening day.
This is a hands‑on seat with genuine breadth and genuine autonomy. It's the right role for someone who wants to understand how hotel real estate is underwritten, financed, built, and operated, and who wants that exposure from inside the ownership seat rather than alongside it.
WHO WE ARE
A&R Group is a vertically integrated, turn‑key hospitality company with 25+ years of experience, 1,840 keys under management, and roughly $400M in portfolio assets. We develop, design, build, and operate high-performing hotels with the biggest names in hospitality: Marriott, Hilton, IHG, and Wyndham. Our portfolio includes Courtyard by Marriott, Fairfield Inn & Suites, Home2 Suites by Hilton, Hampton Inn, Staybridge Suites, Holiday Inn Express, TownePlace Suites, Hotel Indigo, and more across the Gulf Coast and Southeast.
THE OPPORTUNITY
Reporting directly to the VP of Development, you'll own the analysis and the execution, and leadership will rely on your recommendations for the big capital decisions: hold or sell, which projects get funded, refinance strategy, and go/no-go on new developments.
In a given month, you may be working through a variance in a hotel P&L, challenging a management company forecast, assembling a construction draw for a lender, sitting in a plan review with an architect, and walking a renovation punch list. We want someone who reaches their own conclusions and brings them forward, not someone who waits for direction.
WHAT YOU'LL OWN
Hotel Asset Management & Performance
Review monthly P&Ls for every hotel and identify the variances that matter
Measure actual results against budget, prior year, and the original underwriting and pro forma
Partner with the management company and property leadership to diagnose issues and drive them to resolution
Find and pressure-test cost savings without sacrificing guest experience, GSS, or brand quality scores
Build and present the monthly ownership reporting package: variance commentary, trends, and the items that need a decision
Budgeting & Forecasting
Review annual operating budgets and rolling forecasts across the portfolio
Benchmark against STR / CoStar data, market conditions, and history (RevPAR, ADR, Occupancy, GOP, NOI, flow-through)
Be the owner's voice in budget season. Challenge rate, occupancy, labor, expense, and profitability assumptions when the numbers don't hold up
Track forecast accuracy and hold the management company accountable
Capital Projects, Renovations & PIPs
Own the portfolio renovation calendar: what's underway, what's next, and what each project requires
Run renovations end to end: scoping, bid leveling, vendor selection, schedule, budget, and closeout
Prioritize CapEx against FF&E reserves and brand standards, then facilitate execution
Lead PIP scoping, budgeting, and execution on renovations and conversions
Analyze capital project impact and ROI, and advise ownership on alternatives and strategy
Debt & Financing
Own the portfolio debt tracker: maturities, rate structures, reserves, and reporting deadlines
Monitor DSCR, debt yield, and covenant compliance, and raise the flag well before anything becomes a problem
Know the loan documents well enough to understand what every lender requires and when
Support refinancings and loan modifications with property financials and lender reporting packages
Development & Construction Management
Support ground‑up hotel development
Prepare and submit monthly construction draw packages (AIA G702/G703, conditional and unconditional lien waivers, invoices, inspection reports)
WHAT SUCCESS LOOKS LIKE
Day 90: Every construction draw across the active portfolio is yours, and every one funds on time. Your first monthly variance package covering every hotel is delivered. You're already building Excel models and tracking tools that give ownership a clearer read on portfolio performance.
Month 6: The renovation calendar and debt tracker are yours. When there's a covenant risk or a schedule slip, ownership hears it from you first , not from the lender or the contractor.
Month 12: You're a credible owner's voice in budget season. When you say a property is underperforming and why, leadership acts on it without needing to re‑check your work.
WHAT YOU BRING
Required
5+ years in hotel asset management, commercial real estate (CRE), development, construction management, or hotel operations finance
Ability to read a hotel P&L and STR report and explain what's actually driving a variance
Working knowledge of loan documents: DSCR, debt yield, covenant tests, reserve requirements, and maturity tracking
Strong Excel skills and genuine comfort building and defending a budget or cost forecast
A track record of operating independently, owning an analysis or project with limited oversight and being right about it
Willingness to travel regularly across Gulf Coast and Southeast markets
Preferred
Hilton, Marriott, or IHG brand standards and PIP experience
Owner's representative experience on hotel renovations or ground‑up construction
M3, Procore, Sage, STR, or similar hospitality accounting and project management systems
Hotel operations background as a General Manager, Regional, or above
Bachelor's degree in Real Estate, Finance, Hospitality, Construction Management, Engineering, or related field
WHAT YOU GET
Competitive salary
Medical, Dental & Vision for you and eligible dependents (begins the 1st of the month after 60 days)
$50K Life Insurance , 100% employer-paid
401(k) Plan (eligible after six months)
Paid Time Off that grows with your years of service (available after 90 days)
Company-paid holidays
Low-cost telehealth through Recuro
Supplemental insurance through Principal
Employee Assistance Program
Expense reimbursement for approved business expenses
Benefits are subject to applicable policies, eligibility requirements, and future modification.
Key areas:
Hotel Asset Management | Hospitality Real Estate | Real Estate Development | Construction Management | Owner's Representative | CapEx & Renovations | PIP Management | Budgeting & Forecasting | Variance Analysis | Underwriting | Debt Management | DSCR & Covenant Compliance | Construction Draws | Financial Modeling | STR / RevPAR / ADR / NOI
A&R Group is an equal opportunity employer. All qualified applicants will receive consideration without regard to any characteristic protected by applicable law.
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Worksite address
gulf shores, AL, 36547, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.