VP, Real Estate

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!

In this role you will get to:

Real Estate:

• 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

Planning:

• 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

Finance:

• 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

Operations:

• 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

What you have:

• 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

Our Commitment to Inclusion 

Through the Booking Holdings brands, we help our customers reach all corners of the earth. Our ability to provide great service rests on how well we understand our diverse customer base, which is why having a diverse team is so important to us. We bring together employees from all walks of life and we are proud to provide the kind of inclusive environment that stimulates innovation, creativity and collaboration.

There are a variety of job related factors that go into determining a salary range, including but not limited to external market benchmark data, geographic location, and years of experience sought/required. In addition to a competitive base salary, roles are eligible to be considered for an annual bonus and equity grant.

The base salary range for Connecticut and the NYC-metro area is $244,000-$298,200.

We are proud to offer a comprehensive benefits program designed to keep you and your family healthy, plan for the future and make the most out of life. For a glimpse of our benefits offerings, please see here. In addition to competitive health and wellness benefits, we currently offer other perks to eligible employees, such as: tuition reimbursement, fitness reimbursement, discounts, and more! 

If this role resonates with you, we encourage you to click the "apply" button!

EEO Statement:

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 [email protected] with your request. M/F/V/D/S

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