# Director of Asset Management — Ruya Recruitment

Canonical: https://jobxdubai.com/jobs/li-4478776748-director-of-asset-management
Location: Riyadh, Saudi Arabia
Type: full_time · Level: lead
Monthly salary: AED 14,700 to 24,500 per month (estimated, not employer-stated) (UAE salaries are tax-free)
Posted: 2026-10-13
Apply: https://www.linkedin.com/jobs/view/director-of-asset-management-at-ruya-recruitment-4478776748?_l=en

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## Description

Our client, an established organisation in Saudi Arabia, is seeking an experienced Director of Asset Management to oversee its hospitality assets and support long-term business performance. This is a senior leadership opportunity focused on asset optimisation, commercial performance, and strategic oversight.

Key Responsibilities:

• Oversee hospitality asset performance and ensure alignment with business objectives

• Manage relationships with hotel operators and key stakeholders

• Review and negotiate annual operating budgets, financial performance, and cost structures

• Drive revenue optimisation, operational efficiency, and profitability

• Monitor key performance indicators, including occupancy, revenue, and operating costs

• Support strategic initiatives and oversee wider asset management activities

Qualifications:

• 10+ years of experience in hospitality operations, hotel management, or asset management

• Strong commercial understanding of hotel operations, budgeting, and financial performance

• Experience working with hotel operators or representing asset owners

• Proven ability to manage budgets, optimise costs, and drive asset performance

• Strong leadership, negotiation, and stakeholder management skills

• Experience within the Saudi hospitality market is strongly preferred

• Bachelor's degree in a relevant field

If you are ready to take on a strategic asset management leadership role with an established organisation, we would love to hear from you!

Apply now to learn more.

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## Requirements

10+ years of experience in hospitality operations, hotel management, or asset management. Strong commercial understanding of hotel operations, budgeting, and financial performance. Experience working with hotel operators or representing asset owners. Proven ability to manage budgets, optimise costs, and drive asset performance. Strong leadership, negotiation, and stakeholder management skills. Experience within the Saudi hospitality market is strongly preferred. Bachelor's degree in a relevant field.

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