Director of Hospitality Asset Management

6 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Qiddiya | القدية Full time

Company Overview

Qiddiya Investment Company is a pioneering organization that is shaping the future of entertainment, sports, and lifestyle destinations in Saudi Arabia. As part of its development of Qiddiya City, the company will be creating hotels that set new standards for excellence in hospitality.

Job Description

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.

Key Responsibilities

  • Develop and implement the Asset Management Framework for hospitality assets in Qiddiya, including setting, monitoring, and refining a Hospitality Asset Management Strategy (HAMS).
  • Design and implement the Asset Management (Hospitality) team structure, ensuring alignment with the HAMS.
  • Contribute to and implement Qiddiya Asset Management operational policies, standards, and KPIs for hospitality assets.
  • Negotiate and execute all hospitality management agreements in conjunction with the Qiddiya Strategy and Development teams.
  • Manage asset handover, onboarding of hotel operators, and pre-opening activities, budgets, business plans, etc., for all hotel assets in collaboration with the Qiddiya Development team.
  • Develop strategic relationships with hotel operators and service providers.
  • In conjunction with the Asset Management – Facility Management team, develop and implement a Hospitality ESG Strategy for Qiddiya Asset Management, aligned with Qiddiya City's approved ESG commitments.
  • Engage and collaborate with other Asset Class leads to optimize overall Qiddiya customer experience, extract operating initiatives and synergies, and enhance asset performance across various aspects, including event management, security, transportation, marketing, and communications.

Qualifications

  • Degree-educated within fields of real estate, business, or hospitality management.
  • Experience in hotel pre-opening and operations.


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