Senior Manager, Development Planning and Feasibility (6-month Contract) at SINGAPORE MARRIOTT TANG PLAZA HOTEL

Singapore, Singapore, Singapore -

Full Time

Start Date

Immediate

Expiry Date

01 Jul, 26

Salary

0.0

Posted On

02 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Hotel underwriting, Brand strategy, Business intelligence, Financial modeling, Market research, Feasibility analysis, Real estate investment, Quantitative analysis, Qualitative analysis, Presentation skills, Critical thinking, Business acumen, Project management, Data analysis, Strategic planning

Industry

Hospitality

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 Marriott’s 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 * At least 3 years of work experience in hotel consulting and/or development planning and feasibility * Compensation, position title and reporting line will be commensurate with candidate’s experience and qualifications 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 inAPEC. * 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 of alternative 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. * 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. 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. * 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. Managing Execution * 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 * 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. 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. At Marriott International, we are dedicated to being an equal opportunity employer, welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and celebrated. Our greatest strength lies in the rich blend of culture, talent, and experiences of our associates.  We are committed to non-discrimination on any protected basis, including disability, veteran status, or other basis protected by applicable law. Marriott International is the world’s largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of you.

Responsibilities

The role involves conducting hotel underwriting, market research, and financial feasibility studies to support development and renovation projects. Additionally, the manager will drive brand strategy and business intelligence initiatives to optimize hotel performance across the APEC region.