Director of Feasibility

Domo Ventures W L L
BH - Manama
July 15, 2024

Job Title:
Director of Feasibility & DevelopmentLocation:
BahrainReports To:
Chief Executive OfficerJob Summary:
As a Director, Feasibility & Development, you will be actively engaged in the efforts to grow the business.
You will support the company in setting the strategic direction for hotel development efforts as well as supporting key strategic initiatives to enhance retention of existing hotels.
You will work with members of the Strategic Development team, in coordination with partners primarily in HQ & Operations, to support the company's acquisition efforts at every phase of the deal process, from initial deal identification, to feasibility, to underwriting and investment analysis, to diligence and deal structuring, to final approval by the Senior Leadership Team.Experience:
Working closely with the Group CEO on all aspects of potential development or acquisition opportunities in the hospitality sector in the GCC (particularly Saudi Arabia).Conducting market research and analysis, including market supply and demand.Sourcing and screening potential opportunities including location analysis, project positioning.Performing financial and operational analysis of potential opportunities including business plan, financial projections, ROI, IRR, etc.Negotiating LOIs, HMA, and technical services agreements.Overseeing project development including design, construction, FF&E / OS&E selection, IT, etc.Reviewing contracts and attaining regulatory approvals.Providing advice on operations planning, preopening, manning requirements, hotel classification, branding, marketing alliances, opening, etc.Identifying potential growth opportunities by adding new businesses to the existing portfolio.Overseeing market research, location appraisals, feasibility studies, etc.Supporting companies operating hotel/business units and projects under development.Maximizing revenue, profit, and returns while meeting organizational growth objectives through knowledge of finance, contracts, operations, marketing, and revenue management.Working in close partnership with General Managers / Operations Managers of hotels and providing leadership, resources, and influence to positively affect the overall performance of properties in all areas, including financial, customer, employee, and owner.Skills:
Exceptional drive and personal initiative.Highly analytical thinker.Strong business writing and communication skills.Excellent interpersonal skills.Strong organizational skills and ability to multitask across multiple projects and work.Relevant experience preparing feasibility analysis and pro forma projections for hotels.Strong financial modeling capabilities and proficiency in various types of valuation and investment return analyses.Ability to interpret and analyze hotel financial statements and project and model a hotel P&L.Job Related Qualifications:
BA or BS Degree; MS Degree a plus; a concentration in hospitality real estate or finance is a plus.
Knowledge and skills (e.g.
demonstrated ability to work under pressure, or possesses good written and oral communication skills).
•

Read the full job description and apply online on the recuiter's web-site

Related Job Postings

Teaching associate

Abdul Rahman Kanoo School Diyar

Bahrain - Manama
June 27, 2024

If you are a qualified Teaching Associatewho wants to make big changes in future leaders' lives by working at an amazing school that provides professional development opportunities then keep reading! • We are looking for a valuable team member to Join ARKS family. • A qualified Teaching...

Find Jobs Hiring Now Near You!

Get Jobilize Job Search Mobile App Now