Hospitality Asset Director

Hospitality Asset Director | Riyadh (KAFD) | PIF Subsidiary – Industrial Cities Program

A leading PIF-owned subsidiary, responsible for establishing industrial cities across Saudi Arabia, is seeking an experienced Hospitality Asset Director to oversee and optimize hospitality assets within its industrial city developments.

This is a unique opportunity to shape and manage world-class hospitality offerings in one of Saudi Arabia’s most ambitious industrial development programs, working in a high-impact, strategic role based in the King Abdullah Financial District (KAFD), Riyadh.

📌 Key Responsibilities

• Lead the management and development of hospitality assets across multiple industrial city projects.
• Develop and implement strategies to maximize asset performance, revenue, and guest experience.
• Establish operational standards, frameworks, and KPIs for hospitality assets.
• Collaborate with project, finance, procurement, and operations teams to ensure alignment of hospitality assets with overall industrial city objectives.
• Oversee property lifecycle management, including development, maintenance, and refurbishment plans.
• Identify and implement opportunities for operational efficiencies and innovation across hospitality operations.
• Manage relationships with operators, contractors, and key hospitality stakeholders.
• Ensure compliance with local laws, PIF standards, and international hospitality best practices.
• Lead and mentor a high-performing hospitality asset management team.

🧠 What We’re Looking For

• Bachelor’s degree in Hospitality Management, Real Estate, Business Administration, or a related field (Master’s preferred).
• 12+ years of senior hospitality asset management experience, with at least 5 years in a leadership role.
• Proven track record managing large-scale hospitality assets, ideally within integrated developments or industrial cities.
• Strong financial acumen and experience in budgeting, forecasting, and revenue optimization.
• Knowledge of hospitality operations, asset lifecycle management, and market trends.
• Strategic thinker with excellent leadership, negotiation, and stakeholder management skills.
• Bilingual proficiency in Arabic and English.

💼 Compensation & Benefits

• Competitive senior leadership package aligned with PIF standards.
• Performance incentives, comprehensive health coverage, and professional development support.

📍 Location King Abdullah Financial District (KAFD), Riyadh