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Asset Management Director

1 week ago


Riyadh, Ar Riyāḑ, Saudi Arabia Qiddiya Investment Company Full time
Job Overview

The Senior Director Asset Management is responsible for leading an Asset Management hospitality portfolio team overseeing multiple hotels tasked with the smooth opening and optimizing the performance of the QIC hotel portfolio.

Main Responsibilities
  1. Asset Management Framework: Assist in developing and implementing the Asset Management Framework for hospitality assets, including setting and monitoring a Hospitality Asset Management Strategy (HAMS).
  2. Team Structure and Performance: Assist in designing the Asset Management (Hospitality) team structure and implement hiring in accordance with the HAMS, while ensuring high-performing teams and effective teamwork.
  3. Operational Excellence and Innovation: Have input into and implement Qiddiya Asset Management operational policies, standards, and KPIs for hospitality assets, driving innovation and excellence in operations.
  4. Negotiation and Partnership Building: Manage the negotiation and execution of all hospitality management agreements (HMA) in conjunction with the Qiddiya Strategy and Development teams, building strong partnerships with hotel operators and service providers.
  5. Project Management and Delivery: Manage the asset handover, onboarding of all hotel operators and the pre-opening activities, budgets, business plans for all hotel assets in conjunction with the Qiddiya Development team, ensuring timely and successful project delivery.
  6. ESG and Sustainability: In conjunction with the Asset Management Facility Management team, develop and implement a Hospitality ESG Strategy for Qiddiya Asset Management which is aligned with the Qiddiya City approved ESG commitments, promoting sustainability and reducing environmental impact.
  7. Cross-functional Collaboration: Engage and collaborate with other Asset Class leads to optimize overall Qiddiya customer experience, extract operating initiatives and synergies, and asset performance including event management, security, transportation, marketing and communications, packages, and pricing.