Asset Manager

2 days ago

India MPG HOTELS AND INFRASTRUCTURE VENTURES PRIVATE LIMITED Full time

Role Summary

This is a leadership role responsible for managing, enhancing, and unlocking the performance and value of MPG's hospitality and commercial real estate portfolio, including hotels, restaurants, IT parks, and strategic land banks. The role demands strategic foresight, financial acumen, operator management, and ownership thinking. The Asset Manager will work closely with the MD on all major hospitality and real estate initiatives.

KEY RESPONSIBILITIES

a) Asset Performance Management


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


• Lead the budget finalization process with operating partners (Taj, Hilton, Accor), 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

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