Strategic Hotel Operations Leader

13 hours ago

Vellore, Tamil Nadu, India beBeeHospitality Full time ₹ 20,00,000 - ₹ 26,00,000
Job Title

Asset Manager – Hospitality

About the Role

This senior leadership position oversees the performance and value of our hospitality and commercial real estate portfolio. It demands strategic foresight, financial acumen, operator management, and ownership thinking.

  • We are looking for a professional with strategic outlook, financial rigour, and excellent communication skills.
  • The Asset Manager works closely with the MD on major initiatives and is responsible for asset performance management, commercial asset management, land bank development, brand & operator engagement, and reporting & strategic input.
Key Responsibilities
  • Asset Performance Management
    • Monitor and drive financial and operational performance of hotel 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.
  • Commercial Asset Management
    • Manage leasing, tenant relationships, and yield enhancement at Technopolis IT Park and future developments.
    • Oversee CAM, tenant compliance, facilities, and lifecycle maintenance.
    • Structure monetization strategies through leasing, JV, REIT, or selective exits.
  • Land Bank Development
    • Drive development of our 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 statutory approvals and timely execution.
  • Brand & Operator Engagement
    • Identify and evaluate suitable hotel brands across segments.
    • Negotiate management agreements and commercial terms.
    • Govern operator relationships to ensure compliance with our financial and brand objectives.
  • Reporting & Strategic Input
    • 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.
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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