Senior Hospitality Asset Manager

3 days ago

Malappuram, Kerala, India beBeeHospitality Full time ₹ 1,50,00,000 - ₹ 2,00,00,000
Key Role Overview

This position oversees the strategic management of MPG's hospitality and commercial real estate assets. The successful candidate will be responsible for enhancing asset performance, optimizing returns, and driving business growth.

Main Responsibilities
  • a) Asset Optimization

• Continuously monitor and analyze financial and operational performance to drive improvement.

• Collaborate with operating partners to ensure ownership objectives are met.

• Develop and implement strategies to optimize ROI, RevPAR, GOP, ADR, occupancy, and EBITDA trends.

• Conduct regular performance reviews and implement corrective actions as needed.

• Stay up-to-date with industry benchmarks and best practices to maintain competitiveness.

  • b) Commercial Asset Management

• Manage leasing, tenant relationships, and yield enhancement at Technopolis IT Park and future commercial developments.

• Oversee CAM, tenant compliance, facilities, and lifecycle maintenance.

• Structure monetization strategies through leasing, JV, REIT, or selective exits.

  • c) Land Bank Development

• Drive the development of MPG's land banks in key markets.

• Lead the procurement process for architects, contractors, and brand/operator tie-ups.

• Evaluate feasibility, design concepts, and financial models for new hotels, resorts, and mixed-use developments.

• Ensure timely execution and compliance with regulatory requirements.

  • d) Brand & Operator Engagement

• Identify suitable hotel brands across segments.

• Negotiate management agreements and commercial terms.

• Govern operator relationships to ensure alignment with MPG's objectives.

  • e) Reporting & Strategic Input

• Maintain MIS, dashboards, and board presentations on asset performance.

• Support the MD in preparing investment strategy papers and deal structuring.

• Track hospitality and real estate trends for informed decision making.

Key Competencies
  • • Strong analytical and financial skills with a strategic outlook.
  • • Ability to handle negotiations, feasibility analysis, and reporting.
  • • Excellent communication and interpersonal skills.
  • • Strong project management and execution coordination ability.
  • • Willingness to travel periodically.
Experience Requirements
  • 8–15 years of relevant experience in hotel asset management, real estate development, or investment advisory.
  • Experience working with top-tier hotel brands/operators.
  • Strong knowledge of hotel P&L, lease structuring, CapEx ROI, and development cycles.
  • Exposure to heritage restoration, commercial leasing, and hospitality contracting.

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