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About the Role
The VP, Real Estate will be responsible for strategic growth and consolidations, planning and directing all aspects of Booking Holdings real estate activities. This includes site acquisition, space planning, and establishing/maintaining working relationships with property management organizations. A critical part of this role involves navigating our matrix organization and partnering closely with our various brands to align real estate strategy with their unique business needs.
Responsibilities
- Provide unified approach to Location Intelligence, Site Selection, Leasing, contract negotiations and Scenario Planning
- Provide global facility management leadership
- Apply expertise in designing and implementing hybrid workplace models
- Develop, advise and manage the real estate strategy including portfolio management, site analysis, cash flow analysis, and sale/lease strategy
- Researches competitive position, industry standards and develops business cases, makes recommendations and executes projects to cost and schedule
- Implement space utilization measurement technology
- Create standard headcount/space reporting metrics
- Develop direct lease vs. service office strategy
- Support M&A portfolio diligence and integration process
- Foster a collaborative culture by building strong partnerships across our brands, ensuring real estate initiatives are integrated and supportive of each brand’s identity within our matrix organization.
- Align Workplace Strategy, Space Planning, Capacity Management & Forecasting
- Develop and maintain strategic relationships with executive leadership and cross-functional stakeholders to ensure that services are aligned with business requirements
- Management of key facilities management partner to ensure appropriate governance, service performance and delivery; creating and managing KPI’s in line with industry best practice
- Create office consolidation scenarios where applicable
- Cost Modeling, Forecasting, Allocations, Capital Tracking
- Maintain lease abstractions and lease reporting across the portfolio.
- Manages a yearly overhead expense budget
- Deliver financial results through focused management, allocating resources geographically based on business priorities and job functions across diverse workplaces
- Create standard headcount/location/seat reporting metrics
- Align closely with global procurement to ensure consistent global leverage and standards
- Manage all day to day facilities operations for Booking Holdings Corporate Center locations
- Oversee all project management and construction activity
- Track KPIs and reporting structures to help ensure performance
- Manage all landlord relationships
- Support various corporate employee experience initiatives including wellness, sustainability, and special events
Requirements
- Minimum Bachelor’s degree in any discipline, MBA preferred
- Minimum of 15 years of related experience across real estate and property management, facilities management
- 10 years in global leadership roles with budgetary responsibility and a referenceable track record in value creation
- Demonstrated experience in stakeholder management and influencing outcomes within complex, matrixed global organizations.
- Demonstrated ability to think strategically and drive tactical execution
- Previous success overseeing both the physical built environment with focus on workspace and building infrastructure coupled with work psychology and occupational physiology
- Strong understanding of technology required to enable a hybrid workplace
- Superior program and project management
- Ability to train, develop and manage regionally dispersed teams
- Proven ability to understand strategic organizational issues, lead and influence major change efforts
Skills
- Location Intelligence
- Site Selection
- Leasing
- Contract negotiations
- Scenario Planning
- Global facility management
- Hybrid workplace models
- Real estate strategy
- Portfolio management
- Site analysis
- Cash flow analysis
- Sale/lease strategy
- Business case development
- Space utilization measurement technology
- Headcount/space reporting metrics
- Direct lease vs. service office strategy
- M&A portfolio diligence and integration
- Workplace Strategy
- Space Planning
- Capacity Management
- Forecasting
- Stakeholder management
- Facilities management partner management
- KPI development
- Cost Modeling
- Capital Tracking
- Lease abstractions
- Lease reporting
- Overhead expense budget management
- Global procurement alignment
- Project management
- Construction activity oversight
- Landlord relationship management
- Employee experience initiatives
- Wellness program support
- Sustainability program support
- Special event support
Location
- New York City, NY
- Norwalk, CT
Work Type
- Hybrid
Experience Level
- 15 years of related experience
- 10 years in global leadership roles
Education Level
- Bachelor’s degree
- MBA preferred
Salary/Compensations
- $244,000-$298,200
- Eligible for annual bonus and equity grant
Benefits
- Comprehensive benefits program
- Competitive health and wellness benefits
- Tuition reimbursement
- Fitness reimbursement
- Discounts
About the Company
- Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and services that support the entire travel journey.
- Our platforms - including Booking.com, Priceline, Agoda, KAYAK and OpenTable - utilize advanced AI, machine learning and other innovative technologies to simplify and personalize the travel experience for consumers and partners in over 220 countries and territories.
- Our mission is to make it easier for everyone to experience the world.
- For more information, visit BookingHoldings.com and follow us on X @BookingHoldings.
Equal Opportunity
- Booking Holdings is an equal opportunity employer in accordance with all applicable federal, state and local laws.
- We ensure equal employment opportunity to all employees and applicants without discrimination or harassment based on race, religious creed, color, age, sex, sexual orientation, gender identity, national origin, religion, marital status, medical condition, disability, military service, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, or local law.
- Booking Holdings also extends this policy to every phase of the employment process including, but not limited to, recruitment, selection, placement, transfer, training and development, position elimination, restructure, promotion, compensation, benefits, layoffs, termination, and all other conditions or privileges of employment.
- Booking Holdings and its Affiliated Companies are Equal Employment Opportunity employers and welcome all job seekers including individuals with disabilities and veterans with disabilities.
- If you have a disability and believe you need reasonable accommodation in order to search for a job opening or apply for a position, please email reasonableaccommodation@bookingholdings.com with your request.
- M/F/V/D/S