drjobs Assistant Manager, Development Planning and Feasibility

Assistant Manager, Development Planning and Feasibility

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Job Location drjobs

Singapore - Singapore

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

JOB SUMMARY

The Marriott Development Planning and Feasibility function in Asia Pacific Excluding China (APEC) is responsible for hotel underwriting brand strategy and business intelligence to support hotel development conversion and renovation/repositioning opportunities for all Marriott lodging products in APEC. These market and economic evaluations are instrumental to achieving Marriotts expansion goals in new markets and important to the overall long-range growth strategy of the Company.

The position is to be based in Singapore.

CANDIDATE PROFILE

Education and Experience

Degree inHospitality ManagementReal EstateFinanceEconomicsBusiness Administration or a related field.

25 years of work experiencein one or more of the following areas:

  • Hotel consulting development planning or feasibility studies
  • Real estate consulting development or investment/asset management with experience in hospitality projects
  • Hotel revenue management finance or other related business functions

Applicants with more experience are also welcome to apply. Job title will be determined based on the selected candidates qualification and experience.

Skills and Competencies

  • Good knowledge of the hotel industry specifically of hotel brands and their market positioning.
  • Familiarity with hotel markets in Singapore Malaysia Japan and Korea is highly advantageous.
  • Good understanding of the real estate industry including hotel valuation and investment analysis.
  • Strong quantitative and qualitative analytical skills with the ability to use logic and reasoning to identify the strengths and weaknesses ofalternative solutions conclusions or approaches to problems.
  • Strong Excel and financial modeling written and verbal presentation skills.
  • Ability to effectively persuade and support a position in a professional manner.
  • Executive presence with the ability to work with and present to all levels of the organization.
  • Excellent critical thinking sound judgment and strong business acumen.
  • Keen attention-to-detail high degree of initiative and resourcefulness as well as a service-oriented attitude.
  • Strong interpersonal and organizational skills; ability to work in a fast-paced environment with multiple priorities.
  • Strong command of English language is required; fluency in Asian languages is preferred.
  • Some travel required.

CORE WORK ACTIVITIES

Hotel Underwriting

  • Conduct market research and competitive assessment through conducting field work site inspection and interviews.
  • Formulate brand & facilities program recommendations.
  • Prepare financial projections.
  • Author feasibility reports.
  • Conduct renovation and repositioning analyses for existing hotels.

Brand Strategy

  • Customize responses to RFPs.
  • Support new brand launch in APEC conduct competitive landscape research and provide brand positioning recommendations.

Business Intelligence

  • Set development strategy for new brands/new markets.
  • Analyze post-opening hotel performance.
  • Track competition by market and company.
  • Gather owner and real estate intelligence.

MANAGEMENT COMPETENCIES

Leadership

  • Communication -Conveys information and ideas in a convincing and engaging manner through a variety of methods.
  • Leading Through Vision and Values - Keeps the organizations vision and values at the forefront of decision making and action.
  • Managing Change-Initiates and/or manages the change process and energizes it on an ongoing basis taking steps to remove barriers or accelerate its pace; serves as role model for how to handle change by maintaining composure and performance level under pressure or when experiencing challenges.
  • Problem Solving and Decision Making-Identifies and understands issues problems and opportunities; obtains and compares information from different sources to draw conclusions develops and evaluates alternatives and solutions solves problems and chooses a course of action.
  • Professional Demeanor- Exhibits behavioral styles that convey confidence and command respect from others; makes a good first impression and represents the company in alignment with its values.
  • Strategy Development- Develops business plans by exploring and systematically evaluating opportunities with the greatest potential for producing positive results; ensures successful preparation and execution of business plans through effective planning organizing and on-going evaluation processes.

Managing Execution

  • Strategy Execution-Ensures successful execution across of business plans designed to maximize stakeholder satisfaction and the companys profitability and market share through effective planning organizing and on-going evaluation processes.
  • Driving for Results-Sets high standards of performance for self and/or others; assumes responsibility for work objectives; initiates focuses and monitors the efforts of self and/or others toward the accomplishment goals; proactively takes action and goes beyond what is required.

Building Relationships

  • Customer Relationships-Develops and sustains relationships based on an understanding of customer/stakeholder needs and actions consistent with the companys service standards.
  • Global Mindset-Supports employees and business partners with diverse styles abilities motivations and/or cultural perspectives; utilizes differences to drive innovation engagement and enhance business results; and ensures employees are given the opportunity to contribute to their full potential.
  • Strategic Partnerships-Develops collaborative relationships with fellow employees and business partners by making them feel valued appreciated and included; explores partnership opportunities with other people in and outside the organization; influences and leverages corporate and continental shared services and/or discipline leaders (e.g. HR Sales & Marketing Finance Revenue Management) to achieve objectives; maintains effective external relations with government business and industry in respective countries; performs effectively as a liaison between locations disciplines and corporate to ensure needed resources are received and corporate strategies are understood and executed.

Generating Talent and Organizational Capability

  • Organizational Capability- Evaluates and adapts the structure of assignments and work processes to best fit the needs and/or support the goals of an organizational unit.
  • Talent Management-Provides guidance and feedback to help individuals develop and strengthen skills and abilities needed to accomplish work objectives.

Learning and Applying Professional Expertise

  • Technical Acumen- Understands and utilizes professional skills and knowledge in a specific functional area to conduct and manage everyday business operations and generate innovative solutions to approach function-specific work challenges.
  • Basic Competencies- Fundamental competencies required for accomplishing basic work activities.
    • Basic Computer Skills-Uses basic computer hardware and software (e.g. personal computers word processing software Internet browsers etc.).
  • Mathematical Reasoning-Adds subtracts multiplies or divides quickly correctly and in a way that allows one to solve work-related issues.
  • Oral Comprehension-Listens to and understands information and ideas presented through spoken words and sentences.
  • Reading Comprehension-Understands written sentences and paragraphs in work related documents.
  • Writing -Communicates effectively in writing as appropriate for the needs of the audience.

Marriott International is an equal opportunity believe in hiring a diverse workforce and sustaining an inclusive people-first are committed to non-discrimination onanyprotectedbasis such as disability and veteran status or any other basis covered under applicable law.




Required Experience:

Manager

Employment Type

Full-Time

Company Industry

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