The Development Manager will conduct feasibility studies and market research to support hotel management deal origination and contract conclusion. They will also develop financial projections and pitch materials while collaborating with internal stakeholders to implement business development strategies.
JOB OVERVIEW
Reporting to the Director of Development, the Development Manager will be part of the investment and
development team to support the company’s strategic growth by supporting the business development
efforts. The candidate will be exposed to business development activities and get to work on deals from
the origination stage to contract conclusion.
Key Responsibilities:
Conduct feasibility studies for potential hotel management deals, partake in work relating to bidding or tendering process, including market research and underwriting of each potential project including critical market and competitive data, tracking and establishing pickup trends, occupancy history, and provide recommendations to management
Conduct market research and assist in generating investment and development leads through contacts with developers, lending institutions, independent hotel operators, hotel brokers, hotel consultants and government tourism bodies, track new projects pipeline, maintain both deal and contact databases
Develop financial projections, presentations, proposals and pitch materials in connection to each business development opportunity and work with various internal stakeholders to prepare proposals, including hotel operations and technical services team
Work with development team to develop and implement business development strategies to grow the business and secure new hotel management contracts
QUALIFICATIONS & REQUIREMENTS
Qualifications:
Possess at least a Bachelor's Degree in either Hospitality, Business, Real Estate or a related field, from a recognised institution
Relevant experience in the hospitality or real estate industry preferred
Experience:
Minimum 2 – 4 years’ of working experience in either an analyst, associate or consultancy role in a hospitality or real estate related field.
Personal Qualities & Attributes:
Well versed in Microsoft Excel, PowerPoint and Word, including financial modelling, graphs charting and presentatio
Be an independent learner, team player and enjoy working within a dynamic group and fast paced environmen
Be meticulous and has the ability to handle multiple tasks efficiently and in an organized way
Excellent verbal and written communication and presentation skills with strong logical thinking capability, including the ability to communicate efficiently to various stakeholders
Proficient research experience with ability to independently collect and evaluate economic and local market data
“I was the first applicant for a remote marketing position that got listed on the company website the same day I applied. Had an interview within 48 hours!”
— Sarah J.
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Marketing Manager
★★★★★
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