Senior Manager Asset Management

Michael Page; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading company in Saudi Arabia is looking for a skilled professional to manage properties under Asset Management Agreements. The role involves engaging with operators, negotiating agreements, and supporting the internal team. Ideal candidates will have substantial experience in hospitality and asset management, along with a relevant degree. This position offers a competitive remuneration package and opportunities for advancement in a market leader.

Benefits

Competitive remuneration package

Industry-related benefits

Qualifications

• 10+ years of experience in hospitality management or related fields.
• Proficiency in oral and written English and Arabic.

Responsibilities

• Assist with Hotel Management Agreement discussions and negotiations.
• Collaborate with the internal Asset Management team for reporting.
• Ensure regular property visits and reporting.

Skills

Asset Management

Hotel Management Agreements

Brand Licenses

Education

Bachelor's degree in Hospitality

Bachelor's degree in Business Administration

Master's degree

Job description

Job Description

Responsible for assisting in the management of properties under Asset Management/Advisory Agreements. Contribute to engagements with Operators across the Hospitality Asset portfolio, participating in discussions and negotiations related to Hotel Management Agreements, Technical Service Agreements, Brand License Agreements, and Branded Residences Agreements.

Client Details

Our client is a large-scale development aligned with Saudi Vision 2030. The company supports the development of world-class tourism, real estate, and infrastructure for an important historic site from inception to completion.

Description

• Assist with Hotel Management Agreement (HMA) discussions, negotiations, and formalization of agreements.
• Help identify potential brands and operators for unallocated sites.
• Serve as the liaison between Head Office and the commission for specific requirements.
• Provide assistance across the organization and support peers as needed.
• Perform other activities as required by the board, CEO, or relevant stakeholders.
• Collaborate with the internal Asset Management team to ensure timely reporting of asset performance.
• Contribute to weekly, monthly, and Board of Directors reports for the assigned portfolio under AMA.
• Ensure regular property visits and reporting to execute strategy effectively.

Profile

The successful candidate will have substantial experience in Asset Management with a focus on hospitality projects.

• Bachelor's degree in Hospitality, Business Administration, or a related field.
• A master's degree is preferred.
• Additional professional certifications are a plus.
• 10+ years of experience in hospitality management or related fields.
• Proficiency in oral and written English and Arabic.

Job Offer

This is an opportunity to advance within a market leader, offering a competitive remuneration package and industry-related benefits.

Skills

• Asset Management
• Hotel Management Agreements
• HMA's
• Brand Licenses