VP, Real Estate

Booking Holdings (NASDAQ: BKNG)•Norwalk, CT

4d•$244,000 - $298,200•Hybrid

About The Position

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. This role is eligible for our hybrid work model, with three days per week in the office: two days at our Empire State Building location in New York City and one day at our Norwalk headquarters. 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, but is not limited to: site acquisition, space planning, establishing/maintaining working relationships with property management organizations, and more. 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. Come join our team!

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

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