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Manager, Business Development (Hospitality)

Manager, Business Development (Hospitality)

far east hospitality management (s) pte ltd
5-7 Years
Not Disclosed
  • Posted a month ago
  • Be among the first 10 applicants

Job Description

Custom Field 3: 17463

Manager, Business Development (Hospitality)

Responsibilities

  • Source and identify business opportunities and deals.
  • Maintain a framework for the development process, including feasibility, site inspections, technical services, due diligence, brand specifications, and internal approvals
  • Build and maintain strong relation with owners, business partners and industry professionals for qualified leads and business opportunities generation.
  • Evaluate and review business opportunities and deals by conducting market research, financial analyses, financial modelling and feasibility studies entailing cash-flow and yield analyses and projections.
  • Prepare and conduct pitch to owners and business partners
  • Draft term sheets and conduct and manage the negotiation of the terms of the deals and transactions.
  • Review the structure of the deals / transactions, including due diligence, financing, risk management and regulatory requirements.
  • Coordinate with relevant internal and external parties on matters relating to new management opportunities and business partnerships and support the deals through to opening or execution.
  • Understand business direction and needs and develop solutions, roadmaps and assessment of potential business impacts.
  • Prepare and present business proposals and papers for management and board's approval.
  • Perform any other tasks and duties as required by The Management from time to time.

Requirements

  • Degree in Accounting, Finance, Economics, Real Estate, Business Administration or a related field
  • At least 5 years of relevant experience in the field of business development with a proven track record in the transaction of deals, preferably in the real estate sector
  • Strong MS Excel and PowerPoint skills
  • Strong analytical, problem-solving, critical thinking and project-planning skills and ability to multitask and meet deadlines
  • High level of independence and initiative
  • Excellent interpersonal, communication, stakeholder management and project management skills

More Info

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