Feasibility & Development Manager
5 months ago
As Manager, Feasibility & Development in the hospitality sector, your pivotal role will focus on expanding the company's portfolio through strategic guidance of development efforts and supporting initiatives to enhance the retention of existing properties. By closely collaborating with the Strategic Development team and partners from HQ & Operations, you will be involved in all stages of the acquisition process, encompassing deal identification, feasibility studies, underwriting, investment analysis, due diligence, deal structuring, and final approval by the Senior Leadership Team & Board of Directors for the company.
Key Responsibilities:
Property Underwriting & Development:
- Conduct in-depth market research, competitor assessments, and on-site inspections
- Create recommendations for brand positioning and facility programs
- Prepare financial projections and feasibility reports in collaboration with an analyst
- Analyze strategies for renovating and repositioning existing properties
- Drive new property and business development initiatives while conducting comprehensive competitive landscape research
Business Intelligence:
- Establish development strategies for new brands and target markets
- Analyze performance data for properties after opening
- Monitor competition at the market and company level
- Gather valuable intelligence on property owners and real estate trends
Required Competencies:
- Extensive knowledge of the real estate industry, particularly in valuation and investment analysis within the hospitality sector.
- Proficiency in both quantitative and qualitative analytical skills, encompassing logical reasoning to assess the strengths and weaknesses of various solutions, conclusions, or problem-solving approaches. Excellent expertise in Excel, financial modeling, as well as exceptional written and verbal presentation skills.
- Demonstrates executive presence and possesses the ability to effectively collaborate and present to individuals at all organizational levels.
**Job Types**: Permanent, Full-time
**Salary**: From BD2,000.000 per month
**Education**:
- Bachelor's (preferred)
**Experience**:
- work: 8 years (preferred)
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