JOB DESCRIPTION / ROLE
Associate Director of Hospitality Asset Management is responsible for supporting business objectives, fostering customer relationships, executing business development, and providing support for the launch and operations of upcoming/new projects in Hospitality.
RESPONSIBILITIES
• Lead and direct the team to ensure all aspects of Hospitality operations meet development plans
• Build and maintain strong relationships with existing & new clients, sponsors, suppliers, and stakeholders
• Manage hospitality assets P&L to maximize investment performance of assigned portfolio
• Monitor alignment of asset’s quality and standards with the overall Asset Management strategy
• Assist in development of detailed project plans, budgets, and timelines for each hospitality development project
• Monitor and examine operating performance of the assets to ensure maximum ROI on each asset
• Review monthly & quarterly operating performance, business plans and strategic plans
• Review annual budgets and other CAPEX budgets of the hospitality assets submitted by operators
• Recommend senior leadership and operators of cross-functional SLAs with internal stakeholders and external stakeholders
• Oversee and manage day-to-day operations of the hospitality establishment
• Provide leadership and guidance to the Hospitality team, creating a high-performance culture
REQUIREMENTS
QUALIFICATIONS AND EDUCATION REQUIREMENTS
• Required Bachelor’s degree (or equivalent) in Hospitality, Business Administration, Real Estate, Events Management, or related fields with a preference for Masters
• 15+ years of experience in hospitality / hotel & resort development with at least 7+ years in the UAE
• Strong knowledge of the global hospitality industry, including market trends, competitive landscape, and emerging concepts
• In-depth knowledge of the local GCC hospitality market dynamics, including deep understanding of the local hospitality regulatory environment
ABOUT THE COMPANY
We are Ashley Frazer
Together, with 30 years worth of combined experience, Co-founders Ash and Tom draw on their vast specialized knowledge in recruiting for the Industrial, Technology, and property and construction sectors in the MENA region, where they supported the growth of some of the world’s largest projects – to bring you sustainable staffing solutions, customized to your specific business needs and requirements.
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