Hotel Asset Manager Position

13 hours ago

Amrāvati, Maharashtra, India beBeeAsset Full time ₹ 2,00,00,000 - ₹ 2,50,00,000

Job Role:

The position of a Hotel Asset Manager is a leadership role responsible for the overall management, enhancement, and optimization of hotel assets. This includes hotels, restaurants, IT parks, and commercial real estate.

The successful candidate will have strategic foresight, financial acumen, operator management skills, and be able to think like an owner.

Main Responsibilities:

  • Monitor and drive the financial and operational performance of all hotel assets.
  • Lead the budget finalization process 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.
  • 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.
  • Floating and managing 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 and statutory approvals.
  • Negotiate management agreements and commercial terms.
  • Govern operator relationships to ensure compliance with financial and brand objectives.
  • 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 to interface with operators, vendors, and consultants.
  • Strong project management and execution coordination ability.
  • Willingness to travel periodically across South India.

Experience:

  • 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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