[Hiring] Development Manager @Travelodge Hotels

Role Description

Reporting to the Director of Development, the Feasibility 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.

• 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.
  • Tracking and establishing pickup trends.
  • Occupancy history.
  • 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.
  • Government tourism bodies.
• Track new projects pipeline and maintain both deal and contact databases.
• Develop financial projections, presentations, proposals, and pitch materials in connection to each business development opportunity.
• 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

• 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.

Requirements

• Minimum 2 – 4 years of working experience in either an analyst, associate or consultancy role in a hospitality or real estate related field.
• Well versed in Microsoft Excel, PowerPoint and Word, including financial modelling, graphs, charting and presentation.
• Be an independent learner, team player and enjoy working within a dynamic group and fast-paced environment.
• 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.
• Proficient research experience with ability to independently collect and evaluate economic and local market data.