Overview
Job ID: 25142901 | Regional Office
View on Map: Singapore Regional Office
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
Degree in Hospitality Management, Real Estate, Finance, Economics, Business Administration, or a related field.
2–5 years of work experience in one or more of the following areas:
- Hotel consulting, development planning, or feasibility studies
- Real estate consulting, development or investment/asset management, with experience in hospitality projects
- Hotel revenue management, finance, or other related business functions
Applicants with more experience are also welcome to apply. Job title will be determined based on the selected candidate’s qualification and experience.
Skills and Competencies
- Good knowledge of the hotel industry, specifically of hotel brands and their market positioning.
- Familiarity with hotel markets in Singapore, Malaysia, Japan and Korea is highly advantageous.
- 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, 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 is required; fluency in Asian languages is preferred.
- Some travel required.
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 |
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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 employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under 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.
About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,000 properties under 30 leading brands spanning 131 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company now offers one travel program, Marriott Bonvoy™, replacing Marriott Rewards®, The Ritz-Carlton Rewards®, and Starwood Preferred Guest®(SPG). For more information, please visit our website at www.marriott.com, and for the latest company news, visit news.marriott.com. In addition, connect with us on Facebook, Twitter and Instagram.