Director of Asset Management (Hospitality)


Muscat, Oman

Ref: GP186-5800

Job description / Role

Employment: Full Time

Charterhouse is managing a search for a privately owned Omani conglomerate, who is looking to hire a Director of Asset Management who will manage and oversee its multi-million-dollar hospitality portfolio which consists of established and newly developed properties with leading hotel operators.

The Director of Asset Management will advise senior management on search & selection for hotel operators, manage contract negotiations, undertake business performance reviews and act as owner representation for its hospitality assets.

This directorate role will require the incumbent to manage the groups hospitality investments through initial due-diligence to hand-over, whilst shortlisting and selecting suitable hotel operators, carrying out any contractual negotiations on behalf of the owner.

In conjunction, the position will represent the owners before the hotel operators and be responsible for the opening procedures for its resorts and hotels, carrying out operational reviews of general management ensuring value optimization is achieved.

The Director of Asset Management will continuously review operating results on a monthly basis and submit annual budgeting plans for each individual property across the hospitality portfolio, including evaluation of capital expenditure and renovations.


The client will look to recruit an experienced Asset Director with a minimum of 15 years’ experience, who is able to demonstrate a sustained track record of managing multi-million-dollar property asset portfolios specific to the hospitality and hotelier industry.

The successful candidate will have executed preparation of business and strategic plans, feasibility studies and corporate turnaround services.

About the Company

The Charterhouse brand and business was launched in Dubai and the Middle East in April 2004 by a team of international recruiters and management consultants, after its inception in Sydney, Australia in September 2003. Charterhouse Middle East is now positioned as the leading regional recruiter within its area of disciplines and functional markets.

Charterhouse offers professional and bespoke contingency and retained search services to all sectors of the market. Service quality is guaranteed, thanks to a particular focus on flexibility. Charterhouse was the first international search and selection business to establish Dubai as its base. The growth in the Middle East region has been mirrored by Charterhouse globally, with offices now in Qatar, Hong Kong, Singapore, Melbourne and Sydney.

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CTO salaries in Oman

Average monthly compensation
OMR 1,100

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