Bloom Hotel Group

2 weeks ago

Gurugram, India Bloom Hotel Group Full time

About UsBloom Hotels is one of Indias fastest-growing hospitality brands with 70+ properties nationwide. We are redefining mid-market hospitality with tech-enabled operations, innovative design, and world-class guest experiences.Role OverviewThe Business Development Manager - Property Acquisition will be responsible for identifying, evaluating, and acquiring new hotel properties (lease/management contract/franchise). The role requires strong market intelligence, relationship-building with property owners, and end-to-end deal execution capabilities. The ideal candidate will drive expansion in targeted cities, negotiate commercial terms, and ensure alignment with Bloom Hotels growth strategy.Key Responsibilities- Identify and source potential properties for acquisition across targeted markets.- Conduct market research, competitor assessments, and feasibility studies for potential locations.- Build and maintain strong relationships with property owners, developers, IPCs, brokers, and local partners.- Lead negotiations on commercial terms, lease agreements, and partnership contracts to close deals.- Conduct preliminary due diligence, site evaluations, and financial viability analysis for shortlisted properties.- Prepare business cases, financial projections, and approval notes for management.- Collaborate with legal, finance, projects, design, and operations teams to support seamless deal closure.- Track market trends and expansion opportunities across Tier 13 cities.- Represent Bloom Hotels in meetings, site visits, owner interactions, and industry networking platforms.- Ensure smooth handover and onboarding of newly acquired properties into the Bloom portfolio.Required Skills & Qualifications- Bachelors degree in Business Administration, Real Estate, Hospitality, or related field (MBA preferred).- 3-5 years of experience in property acquisition, real estate development, or hospitality expansion.- Strong network with property owners, developers, IPCs, and brokers.- Proven track record of sourcing and closing real estate or hotel acquisition deals.- Excellent negotiation, financial evaluation, and stakeholder management skills.- Strong communication, presentation, and analytical abilities.- Proficiency in MS Office, CRM systems, and financial/ROI modelling.What We Offer- A strategic role contributing directly to the nationwide expansion of one of Indias fastest-growing hospitality brands.- Opportunity to lead high-impact property acquisition initiatives across multiple markets.- Exposure to senior leadership and involvement in long-term strategy formulation.- Competitive compensation, performance incentives, and leadership Duty meals- Medical Insurance- Provident Fund- GratuityFor more details, visit us on: staybloom (ref:iimjobs.com)

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