Hotel & Hospitality Asset Development Lead

Qiddiya Investment Company; Riyadh; On-site; SAR 180,000 - 240,000; Full time

Job summary

Qiddiya Investment Company in Riyadh is seeking an experienced leader to oversee hotel real estate development from feasibility through to development readiness. You will shape asset strategies, masterplanning and operator alignment, ensuring brand standards and governance are embedded early in design.

Responsibilities include market studies, budgets, and development economics, coordinating architects and operators, and guiding assets to successful delivery with long-term performance in mind.

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 understanding

Design coordination

Education

Bachelor's degree in Real Estate, Architecture, Engineering, Construction Management, Hospitality or related field

Master's degree preferred

Job description

Qiddiya Investment Company in Riyadh is seeking an experienced leader to oversee hotel real estate development from feasibility through to development readiness. You will shape asset strategies, masterplanning and operator alignment, ensuring brand standards and governance are embedded early in design.

Responsibilities include market studies, budgets, and development economics, coordinating architects and operators, and guiding assets to successful delivery with long-term performance in mind.