Development Director Middle East
2 weeks ago
Key Responsibilities:
The chosen candidate will:
- Develop and manage business relationships with prospective owners and partners
- Execute and develop strategies and annual plans for the distribution of the Group to include acquisition and disposition goals within the projected timeframes within the Middle East region.
- Negotiating and closing deals on wholly-owned acquisitions, joint ventures and management contracts
- Prepare and present development opportunities and proposals to appropriate parties to support the Group's business strategies.
- Identifying alternative strategies and vehicles for financing and/or restructuring of real estate loans which facilitate cost-efficient deal structuring and partnering opportunities. Ensuring deals meet desired projections on revenues and returns.
- Understand the vision of the development trend and hotels's future requirements
Qualifications and Experience:
Applicants should possess:
- MBA preferred
- BS/BA in Business, Finance or Real Estate or equivalent experience.
- Knowledge of hotel operations and hospitality experience preferred.
- 10 years experience in commercial real estate or business partnerships and retail/hospitality companies.
- Gravitas, integrity and a high level of EQ.
- Strong analytical, negotiation and consensus-building skills.
- Ideally Arabic speaking or culturally well versed in the market.
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