Manager - Hospitality & Leisure- Red Castle, Abu Dhabi
Job Summary
Support the smooth execution of operations of hospitality and leisure assets; interface with Development Management on new hospitality and leisure projects/expansions.
Periodic reporting of hospitality and leisure asset performance
Responsibilities
Maintain a thorough understanding of all drivers and market trends affecting the hospitality and leisure sector
Receive constant updates from hospitality and leisure operators on asset performance and update Head of Hospitality and Leisure
Ongoing monitoring, review and pooling of all research documents and source data such as hospitality and leisure databases and reports, STAR information, historical financials, management accounts, forecast P&L etc.
Creation of reports/presentations on outlooks and trends within the hospitality and leisure sector (UAE, GCC and globally if required)
Operational performance tracking and monitoring of KPIs (hotel costs and operations), including periodic reviews with all asset operators
Manage day-to-day relations with hospitality/leisure operators
Perform in-depth operational analysis (procurement, costs, operational management etc.) on existing portfolio and competitor peer set to assess ongoing asset performance
Review costs and recommend cost-cutting and procurement measures whilst maintaining product quality and customer service/experience
Develop and implement operational strategies to improve the value of the portfolio
Create/modify financial models and feasibility studies and undertake sensitivity analysis for asset acquisitions/disposals/renovations/expansions
Compile bespoke presentations on results of feasibility assessments
Undertake property reviews and due diligence
Completion of periodic review for each asset
Act as primary interface with Development Management and Construction/Design teams in renovation/expansion of existing assets and construction of new assets
Assure that capital projects are completed on time and on specification
Ensure project expansion/renovation/construction is on target
Update Head of Hospitality and Leisure on project development status
Ensuring that property requirements for ground lessors, third party lender requirements, local taxing and zoning authorities
Education & Experience
Bachelor degree in hospitality/property management, engineering, business or economics
Operational experience with minimum of 10 years’ experience in procurement, facilities management and/or estate management
Experience in vast array of hospitality/leisure properties: hotels, services apartments, theme/amusement parks etc.
Experience in PM and FM issues / problems and respective remedial actions
Required Skills
Effective stakeholder relationship management; conflict resolution / managements skills
Track record of working with development/design teams on capital projects alongside excellent project management skills
Ability to train and mentor junior colleagues
Monitoring of hotel and F&B operations
Ability to understand financial statements (P&L, Balance Sheet, CF) relating to Hospitality and Leisure operations
Experience with assessing, analyzing and presenting new investment ideas/concepts -Exposure to initial set up of a hotel or F&B outlet would be a plus
Strong excel and PowerPoint skills, in order to be able to create financial models and compile intelligence reports
Logical thinker, creative
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