Matthew K.
Director, Asset Management
- Role
- Director of Asset Management at Pebblebrook Hotel Trust Nyse Peb
- Location
- Washington, DC, US
- LinkedIn followers
- 500 followers
Experience
Director of Asset Management
Pebblebrook Hotel Trust Nyse Peb
Oct 2022 — Present · Bethesda, MD, US
I support portfolio-wide initiatives that drive operational excellence and cost efficiency across our 46 hotels nationwide. My role is centered on identifying and executing strategic programs that enhance our asset performance, streamline processes, and generate substantial cost savings.Strategic Initiatives & Contract Negotiations- Led a successful RFP to evaluate and select a Global Purchasing Organization (GPO) for our hotels, securing a $425K signing bonus and establishing additional annual incentives exceeding $100K- Directed an RFP for a new energy broker, resulting in reduced risks and optimized cost structures in third-party supply contracts across our portfolio- Managed detailed analyses of property operating expenses, which contributed to fee reductions of up to $700K annually.Operational Excellence & Innovation- Drive the identification and implementation of new programs, from cutting-edge AI initiatives to enhanced data reporting processes- Spearheaded an “AI in the Workplace” initiative—featuring company-wide presentations and competitions—that streamlined operations by reducing approximately 100 man-hours per month- Led data reporting initiatives by leveraging platforms like Lighthouse for daily performance insights and piloting Tableau to further refine our reporting processes.Energy & Sustainability Leadership- Manage energy initiatives, including a $6M solar installation project and multiple energy efficiency pilots, while negotiating portfolio electricity and natural gas supply contracts with a combined annual spend of $5M.Cross-Functional Collaboration & Team Development- Collaborate with key internal stakeholders—including accounting, finance, executive leadership, and asset management—to ensure alignment on strategic initiatives and process improvements- Mentor a team of 10-12 analysts and directly manage a Senior Associate of Business Intelligence, enhancing financial reporting, analytics, and overall data accuracy.
Education
Cornell University
B.S., Hospitality, Information Science
2006 — 2010
Skills
- Leadership
- Hotels
- Operations Management
- Management
- Microsoft Excel
- Food & Beverage
- Microsoft Office
- Access
- Excel
- Project Management
- Property Management Systems
- Quality Assurance
- Customer Satisfaction
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