Director - Branded Residences - Corporate Office

1 week ago

Central And Western District, Hong Kong SAR China Langham Hospitality Group Full time
A wholly-owned subsidiary of Great Eagle Holdings, Langham Hospitality Group (LHG) comprises a family of distinctive brands, including The Langham Hotels and Resorts, Cordis Hotels and Resorts, Eaton Workshop and Ying'nFlo. With over 40 hotels and residences in operation or development, LHG has a global footprint that extends across Asia, Europe, North America, Australasia and the Middle East.LHG works on a philosophy reflected group-wide through inspiring design, cutting-edge innovation, sincere service, and an unwavering commitment to creating great memories.With dedicated colleagues in more than 20 hotels located in major cities throughout four continents, we foster an engaging and respectful workplace to nurture careers, delight guests, and embrace the company's vision to be a global hospitality group that pursues excellence.Position OverviewLangham Hospitality Group aims to further expand into the luxury branded residential sector, initially focusing on The Langham brand.This position involves a range of responsibilities centered on establishing branded residences standards and includes key accountability for identifying and evaluating potential projects and owners globally as part of the global development team.The role will contribute to defining and executing the branded residences development strategy, implementing necessary policies and procedures, conducting thorough project analyses, structuring business deals, negotiating contracts, and securing internal approvals. Additionally, it involves overseeing projects through to their successful completion and opening.This role will operate with high visibility alongside senior corporate executives, ensuring strategic alignment and effective execution of initiatives.Key Responsibilities:General and StrategicCollaborate with the executive team to understand the company's strategic prioritiesCoordinate with internal departments (Design, Finance, Marketing, and Brand) to define Langham's unique positioning for The Langham Branded ResidencesIdentify and evaluate growth opportunities for branded residencesBuild relationships to capitalize on deal flowConduct due diligence and present opportunitiesMonitor industry trends and represent Langham at luxury eventsImplement the budget and marketing plan for branded residencesDevelopmentEstablish procedures for reviewing and approving branded residences projects.Maintain a network to generate potential projectsGenerate and convert leads aligned with branded residences strategiesProduce regular internal development status reportsNegotiate terms with owners, leading to Heads of Terms or Letters of Intent.Work with legal teams to draft relevant agreementsEnsure compliance with Langham's standards throughout negotiationsIn cooperation with internal legal colleagues, instruct external solicitors for drafting management and related agreements for branded residencesNegotiate various documents through to completion, ensuring alignment with Langham's standards and expectations for branded residencesRequirements:Working ExperienceMinimum 7-10 years of experience in hospitality development, real estate, or a related field, with a focus on branded residences or luxury real estateProven track record of identifying and executing successful branded residences projects, including managing contracts and negotiationsExperience collaborating with cross-functional teams (Design and Technical Services, Finance, Marketing, and Brand) to drive project success and define unique selling propositionsDemonstrated ability to build and maintain relationships with owners, investors, and stakeholders in the luxury hospitality sectorExperience in conducting market analysis and due diligence to inform strategic decisions and project evaluationsEducationBachelor's degree in business, hotel management, or a related field; MBA holder is preferredOther SkillsStrong negotiation and analytical skillsProficient in project management and multitaskingExceptional communication and interpersonal skillsKnowledge of industry trends in branded residences and luxury marketsFamiliarity with financial modelling and budget managementFor more information about Langham Hospitality Group, please visit: http://www.langhamhospitalitygroup.com/

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