Manager - Hospitality Asset Management

Qiddiya Investment Company; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

Qiddiya Investment Company, located near Riyadh, seeks a motivated Hotel Asset Manager to manage hotel assets from concept through operations. Ideal candidates will have at least 3 years of experience in hospitality asset management and be bilingual in Arabic and English.

This role involves optimizing hotel performance, overseeing relationships with operators, and supporting new projects. Join a transformative mega-project and contribute to delivering a unique entertainment destination.

Qualifications

• Minimum 3 years of relevant experience in hotel asset management or development.
• Strong understanding of financial principles and budgeting processes.
• Proficient in hospitality data tools.

Responsibilities

• Manage hotel assets from concept and planning to operations.
• Oversee operator relationships and monitor performance.
• Support development and pre-opening activities for new hotels.

Skills

Hospitality asset management

Financial acumen

Stakeholder management

Bilingual in Arabic and English

Microsoft Excel

Education

Bachelor's degree in hospitality management or related field

Tools

STR

HotStats

Job description

About the Role

Qiddiya is Saudi Arabia’s future capital of entertainment, sports, and culture – a 360 km mega‑project just outside Riyadh. From F1-grade racetracks and theme parks to stadiums and performance venues, we are creating a destination like no other. This is more than a project; it is a national transformation. As construction accelerates, we are hiring ambitious talent to help shape it. If you are driven by scale, impact, and the chance to build something iconic from the ground up, Qiddiya is calling.

Job Summary

We are seeking a motivated and detail‑oriented Hotel Asset Manager to join our growing team. This role is ideal for a candidate with at least 3 years of experience in hospitality asset management or development, who can manage hotel assets from concept and planning stages through to operations and performance optimization. The Asset Manager will play a key role in maximizing the value of hotel assets by overseeing operator relationships, monitoring performance, and supporting development and pre‑opening activities for new hotel projects. The ideal candidate will be an Arabic and English speaker and have a strong understanding of both the local and international hospitality landscape.

Qualifications

• Bachelor's degree in hospitality management or a related field.
• Minimum 3 years of relevant experience in hotel asset management, development, or hospitality consulting.
• Strong financial acumen and ability to interpret hotel operating statements and budgets.
• In-depth understanding of financial principles, budgeting processes, and asset lifecycle management.
• Excellent communication and negotiation skills and stakeholder management capabilities.
• Proficient in Microsoft Excel, PowerPoint, and hospitality data tools (e.g., STR, HotStats).
• Bilingual in Arabic and English (preferred).
• Prior experience working with or for international hotel brands or operators (e.g., Marriott, Hilton, Accor).
• Prior experience working within the master developer organization, developing large hospitality or mixed‑use projects.