We are recruiting for a Global Investment Management firm who have £8bn of AUM across various real estate sectors and fund structures. We are seeking an experienced and dynamic CAPEX Construction Project Manager to lead capital expenditure projects across a portfolio of hotel properties throughout various European countries. This role will focus on managing capital projects on hotel assets across Europe typically value add hotel capex schemes between c. €30-60M. They need an experienced hotel / hospitality Project Manager based from any of a number of European cities including in Spain, Italy, UK, Germany or Nordics. This role is responsible for the end-to-end management of complex construction and renovation initiatives, ensuring projects are delivered on time, within scope, and on budget. The ideal candidate will have a strong background in hospitality construction, a deep understanding of local regulatory frameworks across Europe, and the ability to manage multiple stakeholders including owners, operators, contractors, and consultants. Key responsibilities include overseeing feasibility assessments, budgeting, scheduling, procurement, and on-site execution of projects Assist in the underwriting of new deals by assessing capital requirement proposals from the transactions team. The Project Manager will work closely with hotel operators and asset management teams to align project goals with operational needs, while ensuring minimal disruption to guest experience. Fluency in English is required; additional European languages are a plus. Frequent travel across the region is expected. This is an exciting opportunity to influence the transformation of high-profile hospitality assets and deliver exceptional value through capital investment.