Job Number 19105575
Job Category Development & Feasibility
Location Hong Kong Development, Suite 1108 11th Floor Cityplaza One, Hong Kong S.A.R., Hong Kong, Hong Kong S.A.R. VIEW ON MAP
Brand Corporate
Schedule Full-time
Relocation? No
Position Type Management
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JOB SUMMARY
The Marriott Development Planning and Feasibility function in Asia Pacific 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 Asia Pacific. 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.
CANDIDATE PROFILE
Education and Experience
Work experience in hotel consulting and/or development planning and feasibility required for the following positions:
Manager – 3+ years of work experience
Assistant Manager – 2+ years of work experience
Analyst – 1+ year of internship and/or work experience
In-depth knowledge of the hotel industry, specifically of hotel brands and their market positioning.
General understanding of the real estate industry, including hotel valuation and investment analysis.
Excellent 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.
Exceptional 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.
Ability to travel extensively.
Position may be based in Hong Kong, Seoul or Tokyo.
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 APAC, 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
· Adaptability - Maintains performance level under pressure or when experiencing changes or challenges in the workplace. |
· Communication - Conveys information and ideas to others 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 |
· Building and Contributing to Teams - Participates as a member of a team to move toward the completion of common goals while fostering cohesion and collaboration among team members. |
· 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. |
· Planning and Organizing - Gathers information and resources required to set a plan of action for self and/or others; prioritizes and arranges work requirements to accomplish goals and ensure work is completed. |
Building Relationships |
· Coworker Relationships - Interacts with others in a way that builds openness, trust, and confidence in the pursuit of organizational goals and lasting relationships. |
· Customer Relationships - Develops and sustains relationships based on an understanding of customer/stakeholder needs and actions consistent with the company’s 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. |
Generating Talent and Organizational Capability |
· Talent Management - Provides support and feedback to help individuals develop and strengthen skills and abilities needed to accomplish work objectives. |
Learning and Applying Professional Expertise |
· Applied Learning - Seeks and makes the most of learning opportunities to improve performance of self and/or others. |
· Business Acumen - Understands and utilizes business information to manage everyday operations and generate innovative solutions to approach business and administrative challenges. |
· 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. |
o Basic Computer Skills - Uses basic computer hardware and software (e.g., personal computers, word processing software, Internet browsers, etc.). |
o Mathematical Reasoning - Adds, subtracts, multiplies, or divides quickly, correctly, and in a way that allows one to solve work-related issues. |
o Oral Comprehension - Listens to and understands information and ideas presented through spoken words and sentences. |
o Reading Comprehension – Understands written sentences and paragraphs in work related documents. |
o Writing - Communicates effectively in writing as appropriate for the needs of the audience. |
Marriott International is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. Marriott International does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws.
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