Business Development Executive– Hotel Acquisition

Vesta Hotels & Resorts; Jaipur; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Vesta Hotels & Resorts is seeking a hotel business development professional to expand the portfolio by identifying acquisition opportunities, evaluating properties, and securing management contracts or leases. The role requires strong negotiation, networking, and commercial acumen, with willingness to travel for visits and development efforts.

You will coordinate with internal teams to prepare proposals, manage due diligence, and ensure smooth handover of properties to operations, driving

Qualifications

• Graduate in Hospitality Management or Business Administration or related field.
• Experience in hotel business development, acquisition, leasing or management contracts.
• Willingness to travel for property visits and business development.

Responsibilities

• Identify hotel acquisition opportunities through owners, brokers, consultants and networks.
• Evaluate properties, conduct site visits, and assess business potential.
• Prepare feasibility reports and commercial proposals with internal teams.
• Negotiate terms and finalize management contracts or lease agreements.
• Coordinate approvals, due diligence and contract execution; maintain the acquisition pipeline and signing targets.
• Ensure smooth handover of signed properties to operations.

Skills

Negotiation

Communication

Networking

Commercial acumen

Education

Bachelor's degree in Hospitality Management

Job description

To expand the hotel portfolio by identifying potential properties, building relationships with hotel owners, and securing management contracts or lease agreements.

Key Responsibilities:

• Identify hotel acquisition opportunities through owners, brokers, consultants, and industry networks.
• Evaluate properties, conduct site visits, and assess business potential.
• Prepare feasibility reports and commercial proposals in coordination with internal teams.
• Negotiate commercial terms and finalize management contracts or lease agreements.
• Coordinate approvals, due diligence, and contract execution.Maintain the acquisition pipeline and achieve hotel signing and room addition targets.
• Ensure smooth handover of signed properties to the operations team.

Candidate Requirements:

• Graduate in Hospitality Management, Business Administration, or a related field.
• Relevant experience in hotel business development, acquisition, leasing, or management contracts.
• Strong negotiation, communication, networking, and commercial skills.
• Willingness to travel for property visits and business development.