Asset Management Director

Job description / Role

Responsible for managing properties under Asset Management/Advisory Agreements. Assist in engaging with Operators across the Hospitality Asset portfolio, participating in discussions and negotiations related to Hotel Management Agreements, Technical Service Agreements, Brand License Agreements, and Branded Residences Agreements.

Client Details

Our client is a large scale development in line with Saudi Vision 2030. The company is supporting the development of world-class tourism, real estate and infrastructure for an important historic site from inception to completion.

Description

* Manage the properties under the Asset Management/Asset Management Advisory Agreements (AMAs).
* Report on the progress of pre-opening/opening activities of Assets under AMAs, including monthly performance indicators such as financial performance and other relevant metrics.
* Assist with Hotel Management Agreement (HMA) discussions, negotiations, and formalization of agreements. Help identify potential brands and operators for unallocated sites.
* Hold operating partners accountable to maintain high standards of service, quality, and profitability.
* Foster strong relationships with partners for each Asset.
* Implement best practices for property management to support the growth of asset value.
* Monitor the financial performance of assigned Assets against the approved budget, identifying areas of improvement, and recommending corrective actions as necessary.
* Ensure the implementation of policies, procedures, and controls to maintain operational excellence in line with regulatory requirements.

Job Offer

This is an opportunity to advance within this market leader. A competitive remuneration package with associated/industry related benefits.

The successful candidate will have substantial experience in Asset Management with a focus on hospitality projects. Strong leadership skills and management skills are required.

* Bachelor's degree in Hospitality, Business Administration or a related field.
* A master's degree is preferred.
* Additional professional certification is a plus.
* 15+ years of experience in hospitality management, or related fields.
* Demonstrated proficiency in oral and written English and Arabic

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.