Manager - Hospitality & Leisure

Red Castle


Date: 2 weeks ago
City: Abu Dhabi
Contract type: Full time

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

  • Company: Red Castle
  • Employment Type: Full Time
  • Education Level: Bachelor
  • Experience: 10 Years
  • Job Type: Hospitality, Hotel, Management

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