Priceline

VP, Real Estate

Priceline$244K — $298K *
Real Estate & Construction
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required, MBA preferred.
  • At least 15 years of experience in real estate and property management.
  • Minimum 10 years in global leadership roles with budget responsibilities.
  • Experience in stakeholder management within complex organizations.
  • Track record in strategic thinking and tactical execution.
  • Proven experience in managing hybrid workplace technology.
  • Strong program and project management skills.

Responsibilities

  • Lead site acquisition and space planning.
  • Develop and manage global real estate strategy and portfolio.
  • Foster collaborations across brands to align real estate initiatives.
  • Oversee facilities management and KPI performance.
  • Implement space utilization measurement technology.
  • Manage financial aspects including cost modeling and budget tracking.
  • Supervise day-to-day operations of corporate center facilities.

Benefits

  • Comprehensive health and wellness benefits.
  • Tuition reimbursement and fitness reimbursement.
  • Work-life balance with hybrid work model.
  • Employee discounts and perks.
  • Opportunity for annual bonuses and equity grants.
Full Job Description
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


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!

#LI-Hybrid

About Priceline

Priceline is an online travel agency that offers a wide range of travel services, including hotel bookings, airline tickets, rental cars, and vacation packages. The company was founded in 1997 and is headquartered in Norwalk, Connecticut. Priceline operates in over 220 countries and territories worldwide and has over 700,000 accommodations listed on its platform. The company's mission is to help people experience the world by making travel more accessible and affordable.
Learn more about Priceline
Size
30,000 employees
Industry
Founded
1997

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