AETHOS Consulting Group Releases Hotel Asset Management Compensation Survey
More than 200 Executives Participate in Responses and Trends
With survey results of more than 200 responses from asset management executives at public lodging REITS, owners and developers, asset management advisory firms and hotel management companies; AETHOS Consulting Group releases the largest study of its kind: The Hotel Asset Management Compensation Report.
According to AETHOS Managing Director David Mansbach, author of the study, "The hotel industry is at an inflection point; the current industry cycle calls for flawless execution on asset preservation initiatives, Yet the supply of high performing asset management executives is at an all-time low."
Mansbach adds that it is not hard to understand why AETHOS received a significant survey response, "The hotel community, both employer and employee, are looking for real-time, accurate and trustworthy data to ensure compensation programs for asset management executives are positioned competitively."
The Hotel Asset Management Compensation Report includes the following notable findings:
- The median base salary for a Director Asset Management - $156,000;
- The median cash bonus for a Vice President Asset Management - $72,500:
- The total cash compensation (combined base salary plus annual cash bonus) for a Senior Vice President of Asset Management - $587,500;
- And over 75% of the survey respondents receive long-term incentives and/or equity-based compensation.
For more details about the findings of AETHOS' Hotel Asset Management Compensation Report, contact David Mansbach at [email protected].
About AETHOS Consulting Group is a global advisory firm serving the hospitality industry. The firm enhances value for its partner organizations via access, know-how and fresh thinking. Core competencies include executive search, compensation consulting, business strategy and psychometric assessments. The firm is designed as a single partnership operating from ten locations in North America, Europe and Asia Pacific. www.aethoscg.com.
Leora Lanz (for AETHOS)
LHL Communications
AETHOS Consulting Group