Hotel Development Head

2 weeks ago


Manila, National Capital Region, Philippines Spencer n Hills Consulting Pvt. Ltd. Full time

Overview: As the Hotel Development Head, you will play a pivotal role in overseeing the expansion and development of our hotel portfolio. You will be responsible for identifying potential development opportunities, negotiating deals, managing projects from conception to completion, and ensuring the successful launch of new properties. Your strategic vision and leadership will drive growth and profitability for our company in the hospitality sector.

Key Responsibilities:

1. Strategic Planning:


• Develop and implement a comprehensive hotel development strategy aligned with the company's goals and objectives.


• Conduct market research and feasibility studies to identify potential development opportunities in target markets.


• Analyze industry trends, competitor activities, and customer preferences to inform decision-making.

2. Deal Sourcing and Negotiation:


• Proactively source and evaluate hotel development opportunities, including acquisitions, partnerships, and new construction projects.


• Negotiate favorable terms and agreements with property owners, developers, investors, and other stakeholders.


• Collaborate with legal and financial teams to ensure contracts and agreements are in compliance with regulations and company standards.

3. Project Management:


• Lead cross-functional teams throughout the development process, including site selection, design, permitting, construction, and pre-opening activities.


• Develop and manage project timelines, budgets, and resources to ensure on-time and on-budget delivery of projects.


• Oversee the selection and coordination of architects, contractors, consultants, and vendors involved in the development process.

4. Financial Analysis and Reporting:


• Conduct financial analysis, including ROI projections, NPV calculations, and risk assessments, to evaluate the viability of development projects.


• Prepare detailed business plans, investment memos, and presentations for executive leadership and stakeholders.


• Monitor project financial performance and provide regular reports on key metrics, variances, and projections.

5. Relationship Management:


• Cultivate and maintain strong relationships with property owners, developers, investors, lenders, and other external partners.


• Collaborate with internal stakeholders, including operations, marketing, and finance teams, to ensure alignment and support for development initiatives.


• Represent the company at industry events, conferences, and networking opportunities to enhance brand visibility and expand professional networks.

Qualifications:


• Bachelor's degree in Real Estate, Business Administration, Hospitality Management, or related field; MBA or advanced degree preferred.


• Proven track record of success in hotel development, real estate investment, or related fields, with a minimum of 10 years of experience in a leadership role.


• Strong understanding of hotel development operations, market dynamics, and industry trends.


• Excellent analytical skills with the ability to evaluate financial, market, and operational data.


• Exceptional negotiation, communication, and interpersonal skills.


• Demonstrated project management expertise, including the ability to manage multiple projects simultaneously.


• Proficiency in financial modeling, budgeting, and forecasting software.


• Willingness to travel as needed to visit project sites, attend meetings, and represent the company.


• Willing to work Alabang


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