Real Estate & Facilities Management

Director Of Asset Management (Hospitality)

Job details

Location: Muscat
Salary: OMR 6,200 – 7,300 Per Month
Job Type: Permanent
Reference: 935440
Posted: about 1 month ago

Job description

Charterhouse is managing a search for a privately owned Omani conglomerate, who is looking to hire a Director of Asset Management who will manage and oversee its multi-million-dollar hospitality portfolio which consists of established and newly developed properties with leading hotel operators.

About the role
The Director of Asset Management will advise senior management on search & selection for hotel operators, manage contract negotiations, undertake business performance reviews and act as owner representation for its hospitality assets.

This directorate role will require the incumbent to manage the groups hospitality investments through initial due-diligence to hand-over, whilst shortlisting and selecting suitable hotel operators, carrying out any contractual negotiations on behalf of the owner.

In conjunction, the position will represent the owners before the hotel operators and be responsible for the opening procedures for its resorts and hotels, carrying out operational reviews of general management ensuring value optimization is achieved.

The Director of Asset Management will continuously review operating results on a monthly basis and submit annual budgeting plans for each individual property across the hospitality portfolio, including evaluation of capital expenditure and renovations.

About you
The client will look to recruit an experienced Asset Director with a minimum of 15 years’ experience, who is able to demonstrate a sustained track record of managing multi-million-dollar property asset portfolios specific to the hospitality and hotelier industry.

The successful candidate will have executed preparation of business and strategic plans, feasibility studies and corporate turnaround services.

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