Asset Operations Manager - Saudi National - Riyadh, KSA

Our client is a leading giga project, with a strong emphasis on hospitality and leisure. Known for managing high-value projects, the company prioritizes operational efficiency and sustainable growth.

Develop key performance metrics and reporting dashboards for the portfolio with capabilities of internal and external benchmarking.

Monitor operational and financial performance of portfolio hotels, including GOP, NOI, RevPAR, ADR, occupancy, and other KPIs.

Analyze monthly owner reports, STR reports, and benchmark data; flag deviations and provide insights and recommendations.

Conduct variance analysis against budget, forecast, and prior year performance.

Support the development and execution of strategic business plans for each asset.

Collaborate with asset managers and hotel operators to identify opportunities for revenue enhancement and cost optimization.

Contribute to budgeting and forecasting processes with data-driven insights.

Assist in underwriting capital projects, renovations, and rebranding initiatives.

Prepare investor and internal performance reports, dashboards, and presentations.

Consolidate and present complex performance data in a clear and actionable format for senior management.

Support quarterly and annual board reporting processes.

Conduct competitive set and market performance analysis using tools such as STR, HotStats, etc.

Monitor macroeconomic, travel, and hospitality industry trends and their potential impact on asset performance.

A successful Asset Operations Manager should have:

• Bachelor's degree in Hospitality, Real Estate, Finance, Economics, or related field; MBA or Master's preferred
• 11+ years of experience in hospitality asset management, revenue management, or hotel feasibility/consulting.
• Strong knowledge of luxury hotel operations, brand standards, and management contract structures.
• Advanced Excel, PowerPoint, and financial modeling skills; experience with BI tools (e.g., Power BI, Tableau) a plus.
• Familiarity with hospitality performance tools (e.g., STR, HotStats, Opera PMS, etc.).
• Exceptional analytical, communication, and presentation skills.
• Ability to manage multiple stakeholders and deadlines in a fast-paced, dynamic environment.
• Prior experience working with or within third-party hotel operators.
• Understanding of owner-operator dynamics and luxury segment KPIs preferred.
• Strong project management skills and the ability to drive initiatives from analysis to execution.