Hospitality Development Lead: Hotel Asset Strategy

Qiddiya | القدية; Riyadh; On-site; SAR 1,000,000 - 1,600,000; Full time

Job summary

Qiddiya is seeking a senior real estate development leader to drive hotel and hospitality asset planning from concept through development readiness. You will translate the destination vision into asset strategies, define hotel type and brand positioning, and align market assumptions with budgets and approvals.

You will coordinate architects, operators and finance teams to embed operational requirements into design, manage risks, and ensure successful delivery for long-term performance.

Qualifications

• Bachelor's degree in Real Estate, Architecture, Engineering, Construction Management, Hospitality or a related field; a relevant master's degree is preferred.
• 8 to 12+ years of experience in hotel real estate development, mixed-use development, destination development or hospitality investment.
• Proven experience progressing hotel assets through feasibility, concept, planning, operator selection and design development stages.
• Experience working for a real estate developer, hotel developer, mixed-use developer or hospitality investment and development platform.
• Strong understanding of hotel development economics, operator agreements, brand standards, design coordination and development governance.

Responsibilities

• Lead hotel and hospitality assets from concept, feasibility and positioning through project definition and development readiness.
• Translate the destination vision and masterplan into clear hospitality asset strategies, development briefs, scope and delivery requirements.
• Define hotel type, classification, brand positioning, target market, room mix, amenities and guest experience in line with market demand.
• Lead market assessments, feasibility studies, business cases, development budgets and financial assumptions with investment and finance teams.
• Drive hotel operator and brand selection, including RFPs, proposal evaluation, commercial assessment and support for management agreement negotiations.
• Coordinate architects, designers, project managers, technical specialists and operators to embed operational requirements into the design.
• Manage development risks, key decisions, approvals, schedules and stakeholder alignment before handover to execution teams.

Skills

Hotel real estate development

Feasibility studies

Operator selection

Brand standards

Development governance

Education

Bachelor's degree in Real Estate/Architecture/Engineering/Construction Management/Hospitality

Master's degree preferred

Job description

Qiddiya is seeking a senior real estate development leader to drive hotel and hospitality asset planning from concept through development readiness. You will translate the destination vision into asset strategies, define hotel type and brand positioning, and align market assumptions with budgets and approvals.

You will coordinate architects, operators and finance teams to embed operational requirements into design, manage risks, and ensure successful delivery for long-term performance.