Job Openings >> Owner Representative Hospitality Management
Owner Representative Hospitality Management
Summary
Title:Owner Representative Hospitality Management
ID:3203
Department:Strategy / PMO
Location :Riyadh
Nationality :Saudi Arabia
Industry:Real Estate
Type of Contract :Full-time
Description

Job Title: Owner Representative - Hospitality Management
Role and Responsibilities

  • Providing monthly, quarterly, and annual reports analyzing the financial performance of all hotel properties.
  1. Daily Report
  2. Weekly Report
  3. Monthly Report
  4. Quarterly Report
  5. Yearly Report
  • Forecasting and benchmarking against leading hotels and tracking key performance indicators (KPIs) to ensure maximum profitability.
  • Revenue maximization and cost optimization to improve operational performance.
  • Review and approve of the annual budgets and capital expenditure for both hotels.
  • Qualitative growth is the RevPAR boosts, expense reductions, and guest review score increases
  • Participate in a risk/benefit analysis related to the property improvement plan.
  • Analyzing and optimizing synergies between the two properties.
  • Assessing the competitive environment to improve the positioning of both hotels in their respective submarkets.
  • Providing an analysis on the online pricing strategy of both hotels to implement the optimal packaging offers and maximize revenue.
  • Review and approve the strategic and marketing plans; and monitor the management company practices and the management agreement terms were enforced.
  • Managing the asset providing monthly, yearly, and ongoing management and financial advice and benchmarking relating to the performance of the asset.
  • Managing and reviewing the development and approved annual operational and capital expenditure budgets.
  • Developing, updating and implementing a marketing strategy and plan to improve performance, exposure, occupancy and ARR performance.
  • Approve and assist with the recruitment of key staff and management.
  • Identifying and implementing performance improvement plans.
  • Represent the owner working with the Operator forecasting budgeting and monitoring expenses.
  • Enhance and consult the operators in promotions, Marketing campaigns.
  • Assure the Operator is utilizing the asset properly and maintain its value.
  • Work with Hotel GM, Finance Manager and HR manager on the reputation of the premises. 
  • Enforce adherence to regulations and quality standards
  • Ensure all records are kept properly and consistently
  • Review and prepare reports on Operator performance for senior management.
  • Managing the asset valuation and assure incremental valuations.
  • Inspect property conditions and coordinate maintenance activities
  • Manage budgets, accounts, rent collections and tenant notices
Create and distribute marketing materials to attract new tenants

Qualifications
  • MBA in Hospitality, CHAM (Certified Hotel Asset Manager)
  • 10-15 years experience 
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