Strategic Hotel Manager

1 day ago

Belgaum, Karnataka, India beBeeStrategy Full time ₹ 1,50,00,000 - ₹ 2,50,00,000
Asset Management Role Overview

This leadership position oversees a hospitality and commercial real estate portfolio, encompassing hotels, restaurants, IT parks, and strategic land banks. It demands strategic foresight, financial acumen, operator management, and ownership thinking.

Key Responsibilities:

  • a) Asset Performance Oversight:
    • Monitor and drive the financial and operational performance of all hotel and restaurant assets.
    • Lead the budget finalization process with operating partners, ensuring alignment with ownership goals.
    • Conduct regular performance reviews versus budgets; analyze deviations and implement corrective actions.
    • Analyze RevPAR, GOP, ADR, occupancy, and EBITDA trends; optimize return on investment.
    • Benchmark with industry data and STR reports to ensure competitiveness.
  • b) Commercial Asset Development:
    • 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, joint ventures, REITs, or selective exits.
  • c) Land Bank Expansion:
    • Drive the development of strategically located land banks in key markets.
    • Float and manage RFPs for architects, contractors, and brand/operator partnerships.
    • Evaluate feasibility, design concepts, and financial models for new hotels, resorts, and mixed-use developments.
    • Ensure timely execution and statutory approvals.
  • d) Brand & Operator Partnerships:
    • Identify and evaluate suitable hotel brands across segments.
    • Negotiate management agreements and commercial terms.
    • Govern operator relationships to ensure alignment with ownership objectives.
  • e) Reporting & Strategic Guidance:
    • Maintain MIS dashboards and board presentations on asset performance.
    • Support senior leadership in preparing investment strategy papers, pitch decks, and deal structuring.
    • Track hospitality and real estate trends for informed decision making.

Essential Competencies:

  • Financial and analytical rigor with strategic perspective.
  • 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.
  • Will to travel periodically across South India.

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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