Headquartered in Dubai, located in Downtown Dubai , our “X” Hotels & Co Home Office teams provide support to all our properties throughout the UAE and MENA. Our talented teams provide guidance over strategic planning, operations, revenue management, communications, marketing, finance, human resources, and information technology.

The Vice President of Hotel Development is responsible for supporting the growth of ‘X” Hotels & Co portfolio . The role will be based out of our Dubai Office.

Essential Functions and Responsibilities

• Aid in the identification, structuring, capitalization and development of complex hotel investments among multiple parties including joint venture partners and municipalities.
• Manage large scale construction budgets and development project management to ensure projects are delivered on time and on budget.
• Create complex financial real estate investment memorandum and operating models for presentation to “X” Hotels & Co Board, and, outside stakeholders.
• Lobby for and secure municipal subsidies whenever possible.
• Review and aid in the negotiation of relevant real estate legal documents, including joint venture and management agreements, incentive awards, etc.
• Communicate with company equity investors, elected officials and other government stakeholders.
• Partner with company colleagues in the creation of real estate investment memorandum, hotel development and post-closing transitions.
• Evaluate and effect ROI projects within hotel developments.
• Provide asset management and owner relations support for existing hotel developments.
• Foster the development of more junior members of the Development team.
• Attend industry investment conferences and stay educated and informed about the hospitality industry.

Specific Job Knowledge, Skills & Abilities

• Exceptional communicator of both data and written language
• Real Estate investment modeling and presentation expertise
• Construction budget management and project management oversight
• Extensive experience with legal document review and negotiation
• Incredibly detail oriented

Qualifications

Experience: A minimum of 5 years experience in Real Estate or Construction Management

Education: Undergraduate degree required; MBA preferred

Headquartered in London, “X” Hotels & Co is rooted in deep heritage in the hotel industry and excellence in service. As one of the only independently owned family hotel companies, we know that hospitality comes from the heart.

“X” Hotels & Co owns and operates hotels and resorts across the Middle East and Europe. Located in major city centers and resort destinations, including multiple hotels in partnership with  ‘Y’ Resort, ‘X’ Hotels & Co features properties grounded in family heritage and dedicated to delivering unscripted guest moments, all with a locally handcrafted approach. We pride ourselves on the individuality and uniqueness of our offering.

Joining ‘X’ & Co means not just gaining a job, it means becoming a part of a family. A family where Team Member growth and empowerment are part of our DNA and have been for decades. We offer progressive benefits including paid parental leave, pension matching and travel benefits, and opportunities for ongoing learning and development. But beyond that, as a member of the Loews Hotels family, you are part of a culture of diversity and inclusion, one that works hard to protect our environment with eco-friendly and sustainability programs, and one that is always a good neighbor to their communities, supporting them in ways large and small. We welcome you to join us.

‘X’ Hotels & Co is an Equal Opportunity Employer committed to a diverse and inclusive work culture. All qualified applicants will receive consideration for employment without regard to race, religion, gender, national origin, protected veteran status or any other basis protected under federal, state, or local law.