Senior Asset Manager - Hospitality

Budge Recruitment; Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

An established industry player seeks an experienced Asset Manager to enhance the performance of its hospitality and leisure assets in Abu Dhabi. In this pivotal role, you will leverage over a decade of expertise to analyze market trends, track financial performance, and develop strategies that drive portfolio value. Collaborating closely with a dedicated team, you will create insightful reports and presentations that inform strategic decisions. If you are passionate about maximizing asset value and have a strong background in hospitality management, this opportunity offers a chance to make a significant impact in a dynamic environment.

Qualifications

• 10+ years of experience in hospitality/leisure asset management in the GCC.
• Strong understanding of hospitality assets and financial performance.

Responsibilities

• Monitor market trends affecting hospitality and leisure sectors.
• Create reports on hospitality sector outlooks and trends.

Skills

Hospitality Asset Management

Financial Modelling

Market Trend Analysis

Education

Degree in Hospitality Management

Degree in Property Management

Job description

My client, one of the largest developers in the Middle East, is looking for an experienced Asset Manager to join their team in Abu Dhabi.

Reporting to the Director of Hospitality & Leisure Asset Management, you will work with the team to maximize the performance of Hospitality and Leisure Assets.

What you’ll be doing:

1. Maintaining a thorough understanding of all drivers and market trends affecting the hospitality and leisure sector.
2. Creation of reports/presentations on outlooks and trends within the hospitality sector (UAE, GCC and Globally if required).
3. Financial performance tracking and monitoring of KPI’s (occupancy, ADR’s, P&L), including periodic reviews with all asset operators.
4. Helping develop and implement financial strategies to improve the value of the portfolio.
5. Co-ordinating with other Asset Managers to develop and recommend synergies between various assets.

What we’re looking for:

1. At least 10+ years in hospitality/leisure asset management within the GCC. This could be from either a consultancy/operator or owner but what we are looking for is someone who understands the nuts and bolts of hospitality assets and how to drive improvements across a large portfolio.
2. Ideally, you will have financial modelling experience.
3. We are looking for someone with a degree in Hospitality/Property Management.

Unfortunately, we are not able to reply to every applicant.