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Strategic Hospitality Portfolio Lead

1 week ago

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

The Senior Director Asset Management is responsible for overseeing the smooth opening and optimizing the performance of Qiddiya Investment Company's hotel portfolio.

Responsibilities
  1. Developing Asset Management Framework: Assist in designing and implementing the Asset Management Framework for hospitality assets, including setting and monitoring a Hospitality Asset Management Strategy (HAMS).
  2. Team Structure and Hiring: Assist in designing the Asset Management (Hospitality) team structure and implement hiring in accordance with the HAMS.
  3. Operational Policies and KPIs: Have input into and implement Qiddiya Asset Management operational policies, standards, and KPIs for hospitality assets.
  4. Hospitality Management Agreements: Manage the negotiation and execution of all hospitality management agreements (HMA) in conjunction with the Qiddiya Strategy and Development teams.
  5. Hotel Operators and 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 Relationships: Develop strategic relationships with all hotel operators and service providers.
  7. Hospitality ESG Strategy: 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. Collaboration and Optimization: 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.