Sultan Al-Otaibi

CEO at Taiba

Riyadh, Saudi Arabia

About

As a seasoned hospitality professional with over 23 years of experience, I have had the privilege of serving as the CEO of Dur Hospitality, a leading hospitality company in Saudi Arabia. During my tenure, the company has seen significant growth and expansion while maintaining profitability and positioning for continued success in the post-pandemic era. In addition to my role as CEO, I am deeply committed to developing and empowering Saudi talent in the hospitality industry. My leadership approach is dynamic, and I am grateful for the recognition I have received for my contributions to the industry.

Experience

  • Chief Executive Officer at Taiba Investments
    Jan 2024 - Present · 2 yrs 11 mos

  • Dur Hospitality (26 yrs 2 mos)
    • Chief Executive Officer
      Jul 2019 - Present · 7 yrs 5 mos

    • Saudi Arabia
      Present

      Responsible for day to day operations & making high-level decisions on policies and strategies that are aligned with the company’s vision and culture. I’m eager to provide my colleagues with the ideal working environment in order to maximize our productivity and efficiency. And as a member of the board of directors, I’m taking part in the creation and articulation of values and missions as well as planning for short and long-term goals across the company.

    • VP Property & Asset
      Jul 2015 - Jul 2019 · 4 yrs 1 mo

      Responsible for leading and maximizing the returns of the real estate assets portfolio, by looking at all facets of company investments to create and maximize value, minimizing costs, and ensuring smooth running of operations throughout all the phases of an asset life cycle. In addition, The role is responsible for ensuring that development projects meets its objectives and delivers projected benefits.

    • General Manager of Makarim Hospitality Group
      Aug 2008 - Jul 2015 · 7 yrs

      General Manager – Makarim hospitality group Areas of responsibility include but not limited to: 1. Overall Management and Supervision of the Group properties – (hotels and Resorts) for smooth operation. (Started with seven properties added four new properties to the group). 2. Strategic long and short time planning for the group. 3. Head a team of Regional Managers of the Group. 4. Exploring new properties for the Group and preparation of feasibility studies. 5. Monitoring and supervising efforts to enhance the Group revenue in coordination with the regional team as well as property’s management

    • Internal Audit
      Mar 2007 - Aug 2008 · 1 yr 6 mos

      1. Strategic Plan and annual Department of Internal Auditing and updated up to preparation schedule for the serve the objectives of the Department. 2. Visit the company's installations to ensure the application of laws and regulations. 3. Follow up the implementation of the directives of senior management pursuit of achieving the goals of the company.

    • Financial Controller for Sahara Airport Hotel
      Sep 2005 - Mar 2007 · 1 yr 7 mos

      1. Working as an Advisor to the General Manager for smooth Operation of the property. 2. Review of Financial Reports 3. Review of daily revenue and collection 4. Monitoring credit department and their recovery activities 5. Monitoring Inventories of stores and fixed assets

    • Chief Accountant for AL KHALEEJ MAKARIM VILLAGE (AL KHOBAR
      Mar 2003 - Sep 2005 · 2 yrs 7 mos

      Chief Accountant (In-charge of complete accounting functions) of Al Khaleej Makarim Village in March 2003. Al Khaleej Makarim Village is a resort of 3 million square meters with 251 villas with restaurant and recreational facilities.

    • Accountant
      Oct 2000 - Mar 2003 · 2 yrs 6 mos

    • Saudi Arabia
      Responsible for: 1. Preparation of Journal Vouchers and their posting. 2. Preparation of Bank Reconciliations, review. 3. Preparation and presentation of yearly financial statements of the company.

  • Chairman at SHADA Hospitality - شدا للضيافة
    Oct 2019 - Present · 7 yrs 2 mos

  • Member of EMEA Owner Advisory Distribution Council at Marriott International
    Jan 2021 - Present · 5 yrs 11 mos

  • Member of Tourism Committee at Riyadh Chamber of Commerce & Industry
    Jan 2014 - Present · 12 yrs 11 mos