Asset & Acquisition Development Director
2 weeks ago
**Asset & Acquisition Development Director - GCC Region**
Our client is a major force in the Middle Eastern Hospitality and is seeking a dynamic **Asset & Acquisition Development Director**, leading all new developments from identifying suitable building sites to acquiring established hotels, resorts, and general hospitality services across the GCC region. This is a pivotal role, perfect for a senior manager with a background in non-operational roles, overseeing expansions of hotel companies.
**PLEASE NOTE**:This role is NOT for a current Hotel General Manager, but for a former GM who has transitioned i**nto non-operational leadership, driving hotel expansions.**
**Key Responsibilities**:
- **Spearhead the identification and acquisition of new properties and hospitality ventures within the GCC region.**:
- **Initiate and cultivate relationships with property owners, developers, and other stakeholders to expand the portfolio.**:
- **Oversee due diligence processes, negotiating contracts, and securing necessary licenses and approvals.**:
- **Collaborate closely with local authorities and third-party entities to navigate regulatory requirements in Saudi Arabia and other GCC countries.**
**Required Skills & Experience**:
- **Proven track record in asset and acquisition management within renowned hospitality brands such as Rotana, Jumeirah, or Marriott.**:
- **Extensive experience as a General Manager in the hospitality industry, transitioning into strategic development roles.**:
- **Fluent in Arabic with substantial experience working in Saudi Arabia, adept at navigating local regulatory environments and establishing key partnerships.**:
- **Strong negotiation skills and the ability to drive multiple projects concurrently.**:
- **Bachelor’s degree in Hospitality Management, Business Administration, or related field; MBA preferred.**:
- **Compensation: Competitive salary commensurate with experience. Negotiable based on qualifications and fit.**
**Location: GCC region, with flexibility for travel as required.**
If you have a passion for strategic growth, a knack for identifying opportunities, and a proven ability to deliver results in asset and acquisition management, we invite you to apply. Join us in shaping the future of hospitality across the GCC.
Application Question(s):
- Are you Arabic speaking?
- Name some of your projects of expansions and acquisitions you have been responsible for?
- What are your salary expectations in US$ net?
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