Manager, Development Planning & Feasibility
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 in Hospitality Management Real Estate Finance Economics Business Administration or a related field.
- 3-5 years of work experience in the following areas:
- Hotel consulting and/or development planning and feasibility
- Real estate consulting development or investment/asset management with experience in hospitality projects
- Hotel revenue management finance business development asset management or other related hospitality business functions
Skills and Competencies
- In-depth knowledge of the hotel industry specifically of hotel brands and their market positioning.
- In-depth knowledge of the hotel markets in Southeast Asia including the Philippines Thailand Vietnam etc.
- 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 a must; fluency in Asian languages is preferred.
- Some travel is required
CORE WORK ACTIVITIES
Hotel Underwriting
- Conduct market research and competitive assessment through conducting field work site inspection and interviews
- Formulate brand and 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 |
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Managing Execution |
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Building Relationships |
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Generating Talent and Organizational Capability |
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Learning and Applying Professional Expertise |
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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
About Company
At Le Méridien, we are inspired by the era of glamorous travel, celebrating each culture through the distinctly European spirit of savouring the good life. Our guests are curious and creative, cosmopolitan culture seekers that appreciate moments of connection and slowing down to savou ... View more