# Manager - Hospitality Asset Management - 20005483REP (HB4)

> Qiddiya Investment Company · Riyadh, Saudi Arabia · Full-time · Posted 2026-06-15

**Workplace:** on_site

**Department:** Asset Management

## Description

**About the Role**

Qiddiya is Saudi Arabia’s future capital of entertainment, sports, and culture — a 360 km² mega-project just outside Riyadh. From F1-grade racetracks and theme parks to stadiums and performance venues, we’re creating a destination like no other. This is more than a project — it’s a national transformation. As construction accelerates, we’re hiring ambitious talent to help shape it. If you’re driven by scale, impact, and the chance to build something iconic from the ground up — Qiddiya is calling.

**Job Summary:**

We are seeking a motivated and detail-oriented Hotel Asset Manager to join our growing team. This role is ideal for a candidate with at least 3 years of experience in hospitality asset management or development, who can manage hotel assets from concept and planning stages through to operations and performance optimization.

The Asset Manager will play a key role in maximizing the value of hotel assets by overseeing operator relationships, monitoring performance, and supporting development and pre-opening activities for new hotel projects. The ideal candidate will be an Arabic and English speaker, and have a strong understanding of both the local and international hospitality landscape.

**Key Responsibilities**

-   **Asset Oversight**

-   Manage a portfolio of hotel assets across various stages – pre-development, development, pre-opening, and operations.
-   Monitor operator performance, ensuring alignment with ownership objectives and brand standards.
-   Analyze financial and operational KPIs (e.g., RevPAR, GOP, NOI, flow-through) and recommend strategies to improve performance.

-   **Development & Pre-Opening**

-   Support feasibility studies, brand selection, and contract negotiations (HMA, TA, LOI).
-   Coordinate with development teams, designers, and project managers to ensure delivery aligns with brand and operational requirements.
-   Assist in pre-opening budget reviews, FF&E procurement, and operational readiness activities.

-   **Strategic Planning & Reporting**

-   Prepare asset management reports, investment memos, and board presentations.
-   Work closely with finance, legal, and development teams to ensure smooth execution of asset strategies.
-   Assist in annual business plan and CapEx reviews with hotel operators.

-   **Stakeholder Engagement**

-   Serve as a key point of contact between ownership, operators, and external consultants.
-   Conduct regular site visits and performance review meetings with hotel GMs and management teams.
-   Ensure compliance with local regulations and ownership standards.

**What We Offer**

-   Career development opportunities within a rapidly growing hospitality investment platform
-   Collaborative and dynamic work environment
-   Exposure to high-profile hotel and mixed-use developments in Saudi Arabia
-   Competitive salary and performance-based bonus

## Requirements

-   Bachelor’s degree in hospitality management, or related field

-   Minimum **3 years** of relevant experience in hotel asset management, development, or hospitality consulting
-   Strong financial acumen and ability to interpret hotel operating statements and budgets
-   In-depth understanding of financial principles, budgeting processes, and asset lifecycle management.
-   Excellent communication and negotiation skills and stakeholder management capabilities
-   Proficient in Microsoft Excel, PowerPoint, and hospitality data tools (e.g., STR, HotStats)
-   Bilingual in Arabic and English (preferred)

**Preferred Backgrounds**

-   Prior experience working **with or for** international hotel brands or operators (e.g., Marriott, Hilton, Accor)
-   Prior experience working within the master developer organisation, developing large hospitality or mixed-use projects

## Apply

[Apply at Qiddiya Investment Company](https://apply.workable.com/qiddiya-investment-company-1/j/05D205EE57/apply)

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