Director of Hotel Asset Management

4 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Qiddiya Investment Company Full time
About the Role

As part of its development of Qiddiya City, Qiddiya Investment Company will be developing hotels over the years. The Senior Director Asset Management is responsible for leading an Asset Management hospitality portfolio team.

Key Responsibilities
  1. Leading the Team: Lead an Asset Management hospitality portfolio team overseeing multiple hotels tasked with the smooth opening and optimizing the performance of the QIC hotel portfolio.
  2. Developing Strategies: Assist in developing and implementing the Asset Management Framework for hospitality assets, including setting and monitoring a Hospitality Asset Management Strategy (HAMS).
  3. Operational Excellence: Have input into and implement Qiddiya Asset Management operational policies, standards, and KPIs for hospitality assets.
  4. Negotiation and Execution: Manage the negotiation and execution of all hospitality management agreements (HMA) in conjunction with the Qiddiya Strategy and Development teams.
  5. Pre-Opening Activities: 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.
  6. Strategic Partnerships: Develop strategic relationships with all hotel operators and service providers.
  7. Sustainability and ESG: 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.
  8. Interdepartmental 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.


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