Asset Management and Hospitality Executive Director

Full time at a Laimoon Verified Company in Saudi Arabia

Posted on September 8, 2024

Job details

We have been made aware of a global phishing campaign where employees from companies are being impersonated. We are confident that no PageGroup system has been breached. Find out how to protect yourself Asset Management and Hospitality Executive DirectorLarge government owned developer.This is an opportunity to advance in the Property and Construction market.About Our ClientThe client is a real estate public development entity based in Saudi Arabia focusing on developing tourism-centric and luxury hospitality projects.Job DescriptionAchieve departmental goals by setting individual objectives.Develop and motivate employees to maximize performance.Oversee the consolidation, budgeting, and monitoring financial performance to capitalize on opportunities.Fulfil procedural/legislative requirements by coordinating the activities of the team to deliver high-quality, cost-effective services.Ensure that all department reports are prepared timely and accurately and are in line with the annual business plans, goals, policies, and procedures.Ensure employee safety, legislative compliance, and a responsible environmental attitude for all asset management and hospitality-related activities, policies, procedures, and controls.Identify opportunities for continuous improvement of asset management and hospitality systems, processes, and practices; improvement of business processes, cost optimization, and efficiency improvement.Oversee the development of the asset portfolio and land acquisition strategy to determine acquisitions/disposals, and recommend changes to existing assets, ensuring optimum ROI, profitability, maximizing value, and minimizing risks.Identify hospitality brands and hotel class mix for establishing partnerships and agreements with hotel operators to achieve desired growth results.Support the Real Estate Development team with asset development opportunities, asset valuations, and business plan updates.Facilitate the smooth working of hospitality asset operations by building relationships with various stakeholders and ensuring adherence to the established service level agreements (SLAs).Enable the transaction process and negotiate for asset monetization.The Successful ApplicantThe Ideal Candidate will possess:* Bachelor's degree in Real Estate, Business Administration or any other related field; MBA is preferred.* Proven experience in Development within the Asset Management & Hospitality Department.* In-depth knowledge of Portfolio Management, Budgeting, and Asset Management.* Strong relationship management skills with proven efficiency in building and maintaining relationships with internal and external stakeholders.* Demonstrated leadership and team management capabilities.* Relevant knowledge of the industry's divisional requirements, policies, and quality standards.What's on OfferThis is an opportunity to deliver for one of the largest organizations in the MENA region and grow within the field of P&C.The candidate will have the opportunity to play a pivotal role in shaping and implementing impactful development projects while enjoying a competitive compensation package, access to extensive resources, and professional growth opportunities.The Asset Management and Hospitality Executive will be responsible for leading the management of the key hospitality assets in this large-scale development.

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Home Saudi Arabia Asset Management and Hospitality Executive Director

Asset Management and Hospitality Executive Director

Job details

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Hiring company

Confidential

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