Sharif Abushaikha, Director of hotels and assets business development

Sharif Abushaikha

Director of hotels and assets business development

Parkside Hotels Group - Makarem Hospitality

Location
Saudi Arabia - Riyadh
Education
Master's degree, Hotels and assets real estate development
Experience
16 years, 4 Months

Share My Profile

Block User


Work Experience

Total years of experience :16 years, 4 Months

Director of hotels and assets business development at Parkside Hotels Group - Makarem Hospitality
  • Saudi Arabia - Riyadh
  • My current job since October 2019

Business Development Director -

• Developed and aligned Business Development policies, enhancing organizational goals and departmental coherence.
• Established key relationships, resulting in a 30% increase in potential business investments.
• Led market research efforts, identifying lucrative opportunities and driving revenue growth.
• Managed diverse business initiatives, including contracts, joint ventures, and collaborations.
• Conducted impactful meetings, prepared persuasive proposals, and achieved strategic brand expansion goals.
• Implemented growth strategies, ensuring global market share increase through trend analysis.
• Prepared compelling business proposals and facilitated seamless communication through detailed reports.
• Supported corporate and regional teams in strategic business development planning and execution

Hotel General Manager at Tulip Inn Hotels/ Mohammed Al Rajhi Endowment
  • Saudi Arabia - Riyadh
  • July 2018 to September 2019

Hotel General Manager - Riyadh Tulip Inn Hotels/ Mohammed Al Rajhi Endowment 7/2018 - 07/2019
• Enhanced departmental productivity by 30% and achieved budgetary success.
• Prepared and presented a $15 million budget with a 5% variance.
• Implemented strategies based on revenue analysis, resulting in enhanced performance.
• Streamlined purchasing processes, leading to a 10% improvement in the bottom line.

Business Development Manager at Suleiman AIRajhi Real Estate & Investment Group,
  • Saudi Arabia - Riyadh
  • May 2015 to May 2018

Business Development Manager-Suleiman AIRajhi Real Estate & Investment Group, 5/ 2015 - 5/ 2018
• Structured and negotiated 15 strategic partnerships, contributing to a 15% increase in company revenue.
• Conducted comprehensive financial analysis and modeling to assess new development opportunities, providing critical insights for decision-making.
• Cultivated and managed relationships with governmental entities and social agencies to ensure alignment with international best practices.
• Pioneered the development of innovative smart hotel concepts, ((Qlik)), presenting comprehensive studies to senior management.
• Championed the proposal of a large-scale mixed-use real estate project, "Cristal Lagoon, " demonstrating visionary thinking.
• Crafted persuasive marketing proposals and skillfully negotiated 15 management contracts, including LOIs and HMAs.
• Spearheaded the RFP and contracting process for project consultants, optimizing resource allocation.
• Analyzed revenue and financial data to enhance asset performance for Crowne Plaza Al Khobar and Madinah properties.
• Successfully managed the pre-opening activities for Park Inn by Radisson Makah, a 750-room property.

Hotels and Assets development manager at First Real Estate -Al Ohali Group
  • Saudi Arabia - Dammam
  • March 2013 to March 2015

Hotels Development Manager - Al Ohali Holding - Hotel Section (2013 - 2015)
• Identified and secured prime locations for future hotel developments through comprehensive feasibility
analysis and market research.
• Spearheaded the design and construction of the first hotel apartment in the Al Khobar (Raseel) area, ensuring
timely and cost-effective project delivery while adhering to strict quality standards.
• Developed a strategic plan for expanding the hotel portfolio, aiming to establish five hotels shortly, and
identified potential growth opportunities in key markets.
• Increased hotel occupancy by 15% through effective asset management and acquisition strategies.

Hotel General Manager at Grand myral & Al Azhar Hotel
  • Saudi Arabia - Jeddah
  • January 2008 to January 2011

Hotel General Manager - Grand Mayoral Hotel & Suites, Pre-opening (2010 - 2011)
• Created operational standards and procedures.
• Executed pre-opening marketing strategies.
• Set sales targets and trained pre-opening teams.
Hotel General Manager- Al Zahra Hotel, Jeddah (2008 - 2010)
• Developed a strategic plan to enhance performance.
• Achieved 30% growth in occupancy rates.
• Doubled income by launching an outside catering department.

Director Of Sales And Marketing at Madareem Crowne
  • Saudi Arabia - Riyadh
  • March 2005 to May 2007

Director of Sales and Marketing- Madareem Crowne Hotel, Riyadh (2005 - 2008)
• Achieved over 60% revenue growth in the first year.
• Conducted competitive analyses, resulting in a 15% market share increase.
• Booked large groups, generating 30% of total revenue.

Education

Master's degree, Hotels and assets real estate development
  • at Cornell College
  • March 2017
Bachelor's degree, Administration And Business Administration
  • at Philadelphia University - Jordan
  • December 1999

Specialties & Skills

Asset Management
Real Estate
Business Development
Hotel Management
Revenue Improvement
Hotel Management
Operational excellence
Microsoft Applications: Advanced proficiency in Excel, PowerPoint, and delivering excellent presenta
Market Analysis: Proficient in market studies and feasibility analysis for strategic decisions
revenue optimization
guest satisfaction
Contract Negotiation: Expert in Hotel Management Agreements (HMA) negotiations
Industry Networking: Extensive network for partnerships and stakeholder engagement.
Innovation & Strategy: Creative problem-solving, innovation implementation, and strategic planning e
Strategic. risk management, fast paced, engineer, documentation, contract management, written, techn

Social Profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.

Languages

English
Expert
Arabic
Native Speaker

Training and Certifications

Achieving Hotel Asset Management Objectives - Cornell University • Control Of Hotel Real Estate - Co (Certificate)
Date Attended:
January 2020

Hobbies

  • technology
    new innovation for smart hotels , capsule hotels , And removable hotels