Asset & Operations Specialist

RESPONSIBILITIES Asset & Operations Management • Monitor the performance of hotel assets under Aasaal s management against approved operational and financial targets. • Coordinate with hotel general managers and follow up on operational matters, performance issues, and agreed action plans. • Support the management of relationships with third-party hotel operators and monitor alignment with Aasaal s objectives, brand standards, and service-quality requirements. • Review hotel operational and financial reports, identify performance gaps, and provide recommendations for improvement. • Support the review and improvement of asset-management systems, processes, and procedures. Investment and Project Coordination • Support Aasaal s leadership team on hospitality projects, including renovations, refurbishments, and new investments. • Assist in evaluating investment opportunities and preparing recommendations aligned with the company s strategic and financial objectives. • Review equity and investment requirements for potential and ongoing hospitality projects and provide relevant analysis to the Managing Director and leadership team. • Support the planning, monitoring, and execution of capital expenditure projects to ensure alignment with approved budgets, timelines, and operational requirements. • Assist the Managing Director in preparing feasibility assessments for potential opportunities within and outside the existing portfolio. Third-Party Brand Management • Review third-party brand requests and proposals relating to Aasaal s hospitality assets and provide recommendations for management consideration. • Monitor third-party operators adherence to brand standards, operational guidelines, and contractual agreements. • Coordinate with hotel general managers and third-party management companies to follow up on performance requirements and agreed actions. • Facilitate communication between Aasaal s leadership team, third-party operators, and hotel management teams to support issue resolution and operational improvement. Operational Excellence & Performance Monitoring • Monitor hotel efficiency, profitability, operational standards, and guest-satisfaction results. • Develop and maintain performance-monitoring tools covering revenue, costs, occupancy, average daily rate, revenue per available room, and customer satisfaction. • Conduct property visits and participate in performance reviews with hotel general managers. • Prepare regular performance reports for the Managing Director, identifying risks, performance gaps, opportunities, and recommended actions. • Track agreed improvement plans and follow up with the relevant stakeholders on implementation. Financial Management & Compliance • Monitor hotel performance against approved financial budgets and guidelines. • Prepare financial and operational performance reports for each hotel asset, highlighting risks, opportunities, and potential investment requirements. • Support the monitoring of hotel compliance with local regulations, brand standards, contractual requirements, and corporate policies. • Escalate material financial, operational, or compliance concerns to the Managing Director. • Bachelor s degree in Hospitality Management, Investment, Business Administration, Finance, or a related field. • At least three years of relevant experience in hospitality operations, hotel asset management, financial analysis, or a related role. • Experience in reviewing hotel operational and financial performance. • Good understanding of hotel financials, investment analysis, and asset-management principles. • Experience supporting capital expenditure projects, investments, or feasibility assessments within the hospitality industry is preferred. • Experience working with hotel operators or multiple hospitality assets is preferred. • Strong analytical, reporting, communication, and stakeholder-coordination skills. • Ability to identify performance gaps and prepare practical recommendations. • Fluency in English is required; knowledge of Arabic is an advantage.