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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.
Job Responsibility:
Conduct market research and competitive assessment through conducting field work, site inspection and interviews
Formulate brand and facilities program recommendations
Prepare financial projections
Author feasibility reports
Conduct renovation and repositioning analyses for existing hotels
Customize responses to RFPs
Support new brand launch in APEC, conduct competitive landscape research and provide brand positioning recommendations
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
Requirements:
Degree in Hospitality Management, Real Estate, Finance, Economics, Business Administration, or a related field
3-5 years of work experience in: Hotel consulting and/or development planning and feasibility
Real estate consulting, development or investment/asset management, with experience in hospitality projects
Hotel revenue management, finance, business development, asset management, or other related hospitality business functions
In-depth knowledge of the hotel industry, specifically of hotel brands and their market positioning
In-depth knowledge of the hotel markets in Southeast Asia, including the Philippines, Thailand, Vietnam, etc.
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