Senior Hospitality Asset Development Specialist

2 days ago

Mangalore, Karnataka, India beBeeStrategist Full time ₹ 1,50,00,000 - ₹ 2,00,00,000
Job Title:

Asset Manager – Hospitality

About The Role:

This leadership position oversees the management, enhancement, and optimization of MPG's hospitality and commercial real estate portfolio. Key responsibilities include asset performance management, commercial asset management, land bank development, brand and operator engagement, and reporting and strategic input.

Key Responsibilities:
  • Monitor and drive the financial and operational performance of all hotel and restaurant assets
  • Lead budget finalization with operating partners to ensure ownership goals are embedded
  • Conduct periodical performance reviews, analyze deviations, and implement course correction
  • Analyze RevPAR, GOP, ADR, occupancy, and EBITDA trends; optimize ROI
  • Benchmark with industry data and STR reports to ensure competitiveness
  • 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
  • Drive the development of MPG's land banks in key markets
  • Floata nd manage RFPs for architects, contractors, and brand/operator tie-ups
  • Evaluate feasibility, design concepts, and financial models for new hotels, resorts, and mixed-use developments
  • Ensure statutory approvals and timely execution
  • Identify and evaluate suitable hotel brands across segments
  • Negotiate management agreements and commercial terms
  • Govern operator relationships to ensure compliance with MPG's financial and brand objectives
  • Maintain MIS, dashboards, and board presentations on asset performance
  • Support the MD in preparing investment strategy papers, pitch decks, and deal structuring
  • Track hospitality and real estate trends for informed decision making
Required Skills And Qualifications:
  • Financial and analytical rigour with strategic outlook
  • Ability to handle operator negotiations, feasibility analysis, and reporting
  • Excellent communication and interpersonal skills to interface with stakeholders
  • Strong project management and execution coordination ability
  • Willingness to travel periodically across South India

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