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Director of Capital

Overview

Omni Hotels and Resorts creates genuine, authentic guest experiences at 60 distinctive luxury hotels and resorts in leading business gateways and leisure destinations across North America. Omni Hotels is known for its exemplary culture, authenticity to the markets in which we operate, innovation and exceptional service.  Our commitment to career development has created tenure and loyalty that enables us to perpetuate our family atmosphere.

Job Description

Omni Hotels & Resorts operates 50+ hotels with more than 23,000 guest rooms across North America and is one of the preeminent full-service hotel developers in the world. With over $1 billion in active development projects, Omni is positioned well to continue its commitment to strategic expansion through opportunistic and disciplined investment.

 

The Director of Capital will be responsible for managing the annual capital plan for maintenance capital, renovation capital and ROI capital for all owned hotels

Responsibilities

  • Prepare the annual maintenance capital plan for all hotels
  • Be knowledgeable and know the details of the hotel capital needs
  • Work closely with the hotel property teams and directors of engineering to know the condition and needs of the properties and priorities
  • This position will require substantial travel to the hotel properties
  • Be knowledgeable of best practices in the industry as to capital and asset management
  • Maintain a database of property condition and capital investment
  • Prepare the annual major capital renovation plan for all hotels
  • Assist in identifying and documenting ROI projects
  • Track ROI projects and report on results
  • Prepare analysis of capital spend
  • Follow up to ensure approved capital projects are being implemented
  • Present the annual capital plan to senior management along with recommendations and information supporting the recommendations

Qualifications

  • Bachelor’s Degree
  • The ideal candidate will have 10 plus years’ experience in property asset management, building systems and construction, real estate investment and hotel industry experience.

Omni Hotels & Resorts is an equal opportunity/AA/Disability/Veteran employer. The EEO is the Law poster and its supplement are available using the following links: EEOC is the Law Poster and the following link is the OFCCP's Pay Transparency Nondiscrimination policy statement If you are interested in applying for employment with Omni Hotels & Resorts and need special assistance to apply for a posted position, please send an email to applicationassistance@omnihotels.com.

Average salary estimate

$135000 / YEARLY (est.)
min
max
$120000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director of Capital, Omni Hotels & Resorts

At Omni Hotels & Resorts, we're passionate about crafting genuine and unforgettable guest experiences at our luxury hotels and resorts across North America. We’re currently on the lookout for a Director of Capital to join our dynamic team in Dallas. In this pivotal role, you will be responsible for steering the annual capital plan for maintenance and renovations across our owned hotels, working closely with property teams to ensure we meet our strategic goals. If you’re someone with a keen understanding of hotel capital needs and a knack for effective asset management, we’d love for you to lend your expertise to our over $1 billion in active development projects. You won’t just be handling numbers; you will build strong partnerships with hotel teams and directors of engineering, leveraging your knowledge of industry-leading practices to shape our properties' futures. Expect to travel extensively to various hotel locations, ensuring you’re hands-on with our capital needs. With our commitment to a supportive work culture fostering career development, a decade of experience in hotel asset management and real estate, plus a Bachelor's Degree, will set you apart. Join us in expanding our family atmosphere at Omni by creating value and innovation through strategic capital investment.

Frequently Asked Questions (FAQs) for Director of Capital Role at Omni Hotels & Resorts
What are the key responsibilities of the Director of Capital at Omni Hotels & Resorts?

The Director of Capital at Omni Hotels & Resorts is tasked with preparing and managing the annual capital plans for maintenance, renovations, and ROI projects for all owned hotels. This includes collaborating with hotel property teams to assess the condition and needs of the properties, presenting the annual capital plans to senior management, and ensuring approved projects are implemented efficiently.

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What qualifications are necessary for the Director of Capital position at Omni Hotels & Resorts?

To qualify for the Director of Capital role at Omni Hotels & Resorts, candidates should possess a Bachelor's Degree and have over 10 years of experience in property asset management, building systems and construction, or real estate investment, particularly within the hotel industry. A deep understanding of capital and asset management best practices is also essential.

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Is travel a requirement for the Director of Capital role at Omni Hotels & Resorts?

Yes, the Director of Capital position at Omni Hotels & Resorts entails substantial travel to our hotel properties. This travel is crucial for understanding the condition and specific capital needs of each location, enabling effective management and strategic planning.

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How does the Director of Capital contribute to the strategic expansion at Omni Hotels & Resorts?

The Director of Capital plays a vital role in supporting Omni Hotels & Resorts’ commitment to strategic expansion by preparing major capital renovation plans, tracking ROI projects, and providing analysis of capital spending, all of which inform the decisions on future investments and developments.

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What makes the Director of Capital role at Omni Hotels & Resorts unique?

The Director of Capital role at Omni Hotels & Resorts is unique due to the combination of hands-on asset management and strategic oversight across a diverse portfolio of luxury hotels. It offers an opportunity to significantly impact hotel operations while fostering relationships with dedicated teams across the country.

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Common Interview Questions for Director of Capital
Can you share your experience with managing capital plans in the hotel industry?

When answering this question, highlight specific projects where you successfully managed capital plans, detailing the challenges you faced and how you overcame them. Showcase your ability to coordinate with cross-functional teams and your understanding of the intricacies involved in hotel asset management.

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How do you prioritize capital projects at multiple hotel locations?

Focus on your systematic approach to prioritization, discussing how you assess the condition and needs of each property, consider financial implications, and align the projects with strategic goals. Mention any tools or frameworks you utilize to manage this effectively.

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What strategies do you implement to ensure successful capital project implementation?

Discuss the importance of clear communication, setting measurable objectives, and establishing a timeline for each project. Emphasize your ability to maintain oversight from start to completion and how you ensure alignment among stakeholders.

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Can you describe a successful ROI project you managed?

When discussing a successful ROI project, provide specific details on the project’s objectives, implementation strategies, and the outcomes. Highlight your analytical skills in measuring the project’s success and what you learned from the experience.

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How do you keep abreast of the best practices in capital management?

Emphasize your commitment to continuous learning through industry conferences, workshops, and networking with other professionals. Mention any relevant certifications or associations that keep you informed about trends and innovations in capital and asset management.

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What challenges have you encountered in hotel capital management and how did you resolve them?

Reflect on specific challenges you faced, whether in budgeting, project timelines, or stakeholder alignment. Provide examples showing your problem-solving abilities and how you turned challenges into opportunities for learning and improvement.

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How do you assess the condition of hotel properties?

Detail your methodical approach to property assessments, including regular inspections, collaborating with engineering teams, and analyzing maintenance records to identify needs and prioritize projects effectively.

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What role does data play in your decision-making for capital investments?

Discuss the importance of data in evaluating past project performances, forecasting future needs, and making informed investment decisions. Mention specific tools or software you use to analyze data effectively.

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How would you present the annual capital budget to senior management?

Highlight your skills in crafting clear and impactful presentations, backed by data and visual aids. Explain how you tailor your discussions to address senior management’s strategic objectives and concerns while advocating for necessary funding.

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What motivates you to work in capital management within the hospitality sector?

When answering this question, connect your passion for the hospitality industry with your desire to create exceptional guest experiences through effective capital management. Share personal stories that illustrate your commitment to the field.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 2, 2025

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