Hospitality Portfolio Manager

2 weeks ago

Morādābād, Uttar Pradesh, India beBeeHotel Full time ₹ 1,20,00,000 - ₹ 2,50,00,000

Overview

This leadership role oversees the hospitality and commercial real estate portfolio, encompassing hotels, restaurants, IT parks, and strategic land banks. Key requirements include strategic foresight, financial acumen, operator management, and ownership thinking.

Key Responsibilities:

a) Asset Performance Management

• Monitor and drive the financial and operational performance of all hotel and restaurant assets.

• Lead budget finalization with operating partners, ensuring ownership goals are embedded.

• Conduct periodical performance reviews versus budgets; 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.

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 development of MPG's land banks in Kerala, Chennai, and other key markets.

• Float and 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 timely execution.

d) Brand & Operator Engagement

• Identify suitable hotel brands across segments.

• Negotiate management agreements and commercial terms.

• Govern operator relationships to ensure compliance with financial and brand objectives.

e) Reporting & Strategic Input

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

• Support MD in preparing investment strategy papers, pitch decks, and deal structuring.

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

Key Competencies:

• Financial and analytical rigor with strategic outlook.

• Ability to handle operator negotiations, feasibility analysis, and reporting.

• Excellent communication and interpersonal skills.

• Strong project management and execution coordination ability.

• Willingness to travel periodically across South India.

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