Manager, Feasibility

Found in: Talent HK C2 - 10 hours ago


Hong Kong, Hong Kong SAR China Rosewood Hotel Group, Hong Kong Full time

Job Description

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The Impact of this Role

The Manager, FBI, APAC plays a pivotal role in evaluating economically viable new hotel projects for hotel management contracts as well as new hotel investment projects.

Key Responsibilities

  • Prepare detailed pro forma packs, preliminary and quick look pro formas, facilities outline and valuations
  • Conduct market feasibility studies, financial feasibility studies and investment analysis for new hotel projects
  • Work closely with Development and Design & Project Services teams to prepare draft facilities outline and preliminary area programs
  • Work with Finance and Legal departments to implement latest valuation and taxation guidelines for valuing all projects
  • Lead internal proformas approval calls with key disciplines. Leading external calls with consultants and owners to defend RHG’s projections.
  • Maintain excellent working relationship with respective regional approvers (Finance & Operations), and Sales & Marketing to process all project pro forma reviews and approvals
  • Assist other FBI team members in p reparation of all types of financial models as required, using and refining our in-house templates.
  • Train new members of the FBI team
  • Contributing to development strategies and target markets for development growth globally
  • Hotel master planning and area program specification in line with expectations of the development team and owners/developers
  • Maintain extensive global research database for use by Feasibility & Business Intelligence and other teams
  • Performing market research and competitor analysis across the region, updating hotel supply databases and tracking new signings and announcements.
  • Attend regional industry conferences and maintain good working relationships with consultants, developers, and other feasibility and development teams
Critical Skills and Qualifications

  • Minimum three (3) years of overall work experience, including two (2) years of experience in a hospitality consulting, asset management, feasibility and/or investment analysis functions; or exposure to perform the requisite functions above
  • Bachelor’s or Master’s degree, preferably in Hotel Management, Business Administration or Finance
  • In-depth knowledge of key urban and leisure hotel markets in the Asia Pacific region
  • Ability to operate independently with minimal supervision; perform work that is highly complex in nature and have latitude for actions and decisions without review
  • Working knowledge of Uniform System of Accounts for Hotels
  • Understanding of principles of highest and best use and land economics
  • Understanding and application of principles of corporate finance and real estate finance
  • Strong analytical acumen and mathematical skills
  • Proficiency in the use of Microsoft Excel and experience in financial modelling
  • Excellent command of English.

Others

While this job description is intended to be an accurate reflection of the duties involved in this position, the company reserves the right to add, remove or alter duties as business need dictates .


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