Vice President, Development Planning and

**Additional Information**
**Job Number**24187486
**Job Category**Development & Feasibility
**Location**Singapore Regional Office, 2 Harbourfront Place #06-08, Singapore, Singapore, Singapore, 098499
**Schedule**Full Time
**Located Remotely?**N
**Position Type** Management

**BUSINESS CONTEXT**

As part of the Asia Pacific excluding China (APEC) Finance organization, the Vice President will lead two functions in the region, including (i) Development Planning and Feasibility (“Feasibility”); and (ii) Financial Analysis and Strategic Planning (“Financial Analysis”). Both functions play an important role in the development process of new hotels for the Company’s lodging brands, serving the Company’s interest and the needs of hotel owners and developers, investors, lenders, and operators. Both functions are instrumental to achieving Marriott’s expansion goals across the region and the overall, long-range growth strategy of the Company.

**JOB SUMMARY**

This is an executive position that requires an in-depth understanding of lodging market assessments and financial/investment analysis, as well as general management and supervision of key aspects of the hotel development and planning process, inclusive of support for the Asset Management department. The functions led by the Vice President support hotel development, conversion, renovation/repositioning, and renewal opportunities for all Marriott lodging products in the region, including branded residences, as well as continent-level business initiatives mainly relating to unit growth. The Feasibility function provides lodging market, competitive landscape, and economic evaluations, and is responsible for hotel underwriting, new brand positioning/strategy, and market intelligence. The Financial Analysis function conducts financial analysis of potential new development projects, including large transactions involving significant Company balance sheet exposure, analyzes profit and growth objectives as reflected in the long-range plans, assesses various loyalty partnership opportunities, and provides strategic advisory to enable the APEC leadership to make business decisions that will create the most shareholder value.

The Vice President will report to the Chief Financial Officer and will supervise numerous Feasibility and Financial Analysis Senior Director(s) and Directors on project tasks across different countries/markets. The Vice President will interface regularly with senior representatives of Asset Management, Brand, Consumer Operations, Development, Operations, Operations Finance, Global Design, Legal, Tax and Treasury departments.

The position is to be based in Singapore.

**Specific Expected Contributions and Core Work Activities**
- Contribute to the continent growth by providing well-considered recommendations to the leadership team and constantly leading assessments of regional destinations and demand segments, identifications and reviews of new travel/lodging trends, in-depth viability analyses of new brand launches in the continent, and any major operations initiatives in collaboration with related key stakeholders, in addition to underwriting of development and asset management projects.
- Administer the APEC Hotel Development Committee, and direct feasibility process for all new hotel projects.
- Provide ongoing consultation relative to the continent growth strategies advising on potential opportunities and risks, and providing plans for action, in collaboration with relevant disciplines such as Brand, Consumer Operations, Development, Finance, Global Design, and Legal.
- Maintain in-depth knowledge of the lodging industry, specifically of global and regional lodging brands and their market positioning within the region, as well as the top active lodging markets such as Australia, India, Indonesia, Japan, Malaysia, Maldives, South Korea, Thailand, and Vietnam. Establish and maintain well-developed relationships with outside consulting groups and third-party hospitality market analysis firms in the region.
- Demonstrate strong qualitative and quantitative analytical skills with proven analytical abilities and an understanding of economic valuation theories and processes; able to take large volumes of complex information and present it in a clear and concise manner to senior management, owners, and franchisees.
- Operate with a collaborative mindset to ensure that key stakeholders are considered; build strong relationships to leverage information and insights to anticipate and respond to stakeholder queries; influence without authority; communicate well with stakeholders and leaders; openly share and do not withhold information.
- Proactively evaluate business process to provide for the effective and efficient team management. Implement process improvements to lead, manage and monitor a large number of projects for delivery of information to senior management. Ensure appropriate measures are in place to facilitate internal reviews and a