Senior Director - Asset Management (720)

Overview:

As part of its development of Qiddiya City, Qiddiya Investment Company will be developing hotels the years. The Senior Director – Asset Management is responsible for leading a Asset Management hospitality portfolio team overseeing multiple hotels tasked with the smooth opening and optimizing the performance of the QIC hotel portfolio.

Responsibilities:

- Assist in developing and implementing the Asset Management Framework for hospitality assets in Qiddiya including setting, monitoring and periodically refining a Hospitality Asset Management Strategy (“HAMS”).

- Assist in designing the Asset Management (Hospitality) team structure and implement hiring in accordance with the HAMS.

- Have input into and implement Qiddiya Asset Management operational policies, standards and KPI’s for hospitality assets.

- Manage the negotiation and execution of all hospitality management agreements (“HMA”) in conjunction with the Qiddiya Strategy and Development teams.

- Manage the asset handover, onboarding of all hotel operators and the pre-opening activities, budgets, business plans etc. for all hotel assets in conjunction with the Qiddiya Development team.

- Develop strategic relationships with all hotel operators and service providers.

- 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.

- 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 etc.