Kasa

Compensation

Full Description

Job Description: • Kasa is seeking a strategic, commercially driven senior leader to oversee a regional portfolio of multifamily short-term rental apartments, hotels, and apartment-hotel properties. • Success in this role requires deep experience in hotel and full-building operations. • You will manage a multi-market portfolio, ensuring regional goals both inform and align with Kasa’s broader commercial strategies and owner expectations. • As Area Vice President of Portfolio Operations, you will serve as the CEO of your region: You’ll act as a business owner responsible for leading other General Managers and ensuring commercial and operational success across a diverse portfolio. • You will balance strategic vision with strong operational and financial execution, leading high-performing teams and P&L owners to deliver exceptional guest experiences, optimize financial outcomes, and strengthen partner relationships. • This role requires a leader who can ask the right commercial questions, make the right operational calls, assess risk, manage escalations with sound judgment, and translate strategy into clear executional priorities. • You will play a key role in translating strategies into actionable regional business plans that deliver measurable results. Requirements: • 10+ years of experience in progressively senior leadership roles within hospitality operations, hotel asset management, real estate operations, or multi-site service industries, with a proven ability to translate commercial strategy into operational execution. Previous General Manager experience is required, demonstrating firsthand understanding of property-level operations, team leadership, and P&L accountability. • Proven ability to manage multi-market P&Ls and lead geographically distributed teams of both salaried and hourly staff. • Demonstrated success in balancing operational excellence with financial performance and commercial partnership management. • Strong background in people leadership: decisive in hiring, developing, and exiting talent as needed to maintain a high-performing culture. • Experience managing owner or institutional partner relationships, with a track record of effective communication and performance reporting. • Adept at financial storytelling, data-driven decision-making, and executive-level communication. • Deep operational acumen, combined with the ability to think strategically and act as a business partner to cross-functional and ownership stakeholders. • Comfortable navigating fast-paced, complex environments where innovation, problem-solving, and adaptability are critical. Benefits: • Remote Work: With flexibility as a core value, and over three-quarters of the team working remotely, Kasa employees can work from anywhere, including our Kasa’s across the country! • Kasa Travel Credit: We love to travel! Kasa employees get an allowance of free stays with us in any of our locations, plus a discount on any night for friends and family. • The Pay: The total compensation for this role is $190,000 - 260,000, which includes a starting base of $135,000 - 185,000 plus performance-based incentives and is set based on multiple considerations, including business needs, market demands, talent availability, experience, and unique skills and attributes. The exact offer would depend on your background, experience, and internal equity considerations. The base pay range is subject to change and may be modified. This role may also be eligible for equity, bonus, perks, benefits, and Kasa Travel Credits. • Generous Stock Option Plan: At Kasa, our compensation philosophy is to offer a total compensation package that over-indexes on equity to encourage our team to think like owners (by being owners) and benefit from the value growth that our collective hard work creates. • Flexible PTO: Full-time exempt Kasa employees are encouraged to take time off as they need and see fit, ensuring that it’s not disruptive to their work. • 401(k) Plan: As you invest in yourself and your future, Kasa invests in you too: we offer a generous 401(k) contribution match. • Health Coverage: We’ve invested in comprehensive health insurance options to help when you need it most. • Other Perks: Qualifying full-time roles are eligible for a wi-fi stipend, cell-phone reimbursement, home office stipend, and more!