Manager - Property Acquisitions - Hotel Chain

Are you looking for a role high on growth, challenge and rewards? Are you willing to go the extra mile to achieve what it takes to stand out? Do you want to be part of a rocket-ship that is building India's next largest brand!

Our client is India's best budget hotel chain present in over 25+ Indian cities with over 275+ hotels and expanding rapidly in both B2B and B2C Segments. It is a branded budget hotel aggregator that provides guests with consistent and standardized hospitality experience. This tech-enabled hospitality startup has raised a whopping $8 million in its Series A round of funding from Accel Partners, RB Investments, Mohandas Pais Aarin Capital and Qualcomm Ventures and $25 million in a Series B funding round led by Goldman Sachs.

The founders are Wharton business school and IIT alumni and are veterans in the world of start-ups. The company's franchise model, which is focused on short term year contracts, standardized experiences and proprietary technology, gives it an edge over its peers. Their tech-enabled booking solutions and industry-wide endorsement for service standards fit well into the role of a preferred partner for Australia-based travel management firm FCM Travel Solutions.

As a Manager- Property Acquisitions, you will be responsible for planning, preparing, marketing, prospecting and executing hotel leasing options.

What you will do:

- Assisting the Hub-Head in the business development plan for the acquiring hotels on management.

- Creating the pipeline to execute the expansion plan.

- Creating leasing feasibility analyses, market surveys and projections during property acquisition due diligence period.

- Contacting, engaging and closing the targeted retailers.

- Preparing and negotiating LOIs working with legal team when necessary to facilitate and expedite lease negotiations from LOI stage to final lease execution.

- Preparing and submitting accurate deal packages which include all accompanying analysis, checklists, financial reports, etc.

Candidate Profile:

What you need to have:

- Must have Managed hotels Business development role

- Should have a history of real estate relationships and a deal sheet for new deals and renewals.

- Previous successful experience in commercial leasing required, preferably in the North India market.

- Experience in planning, preparing, marketing, prospecting and executing hotel leasing contracts

- Must be a savvy professional sales person