Business Development Manager

OYO; NTR; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

OYO is expanding its hotel partner network across India and seeks a results-driven Business Development professional. You will identify and secure new hotel opportunities, build strong relationships with owners, developers, and brokers, and lead end-to-end onboarding of properties to accelerate growth.

You will evaluate sites for viability, negotiate commercial terms, coordinate legal due diligence, and monitor portfolio performance to maximize profitability.

Responsibilities

• Identify and acquire new hotel opportunities.
• Source suitable commercial properties for opening new hotels in the assigned region.
• Evaluate potential locations based on business viability and growth potential.
• Negotiate commercials and finalize property acquisition deals.
• Build and manage partner relationships.
• Develop strong relationships with property owners, developers, landlords, brokers, and consultants.
• Create mutually beneficial partnerships to support business growth.
• Maintain regular engagement with key stakeholders.
• Coordinate property onboarding.
• Work closely with internal teams to ensure smooth onboarding and launch of new properties.
• Track progress and drive end-to-end closure of property launches.
• Ensure all operational requirements are completed on time.
• Support legal and documentation processes.
• Coordinate legal due diligence and required documentation.
• Facilitate contract execution and property sign-offs.
• Monitor portfolio performance.
• Review the performance of existing properties and operators.
• Identify areas of improvement to enhance business contribution and profitability.
• Recommend corrective actions wherever required.
• Drive expansion opportunities.
• Build and maintain a healthy pipeline of new business opportunities.
• Identify opportunities for portfolio growth through new acquisitions and existing partner networks.

Job description

Key Responsibilities:

• Identify and acquire new hotel opportunities
• Source suitable commercial properties for opening new hotels in the assigned region.
• Evaluate potential locations based on business viability and growth potential.
• Negotiate commercials and finalize property acquisition deals.
• Build and manage partner relationships
• Develop strong relationships with property owners, developers, landlords, brokers, and consultants.
• Create mutually beneficial partnerships to support business growth.
• Maintain regular engagement with key stakeholders.
• Coordinate property onboarding
• Work closely with internal teams to ensure smooth onboarding and launch of new properties.
• Track progress and drive end-to-end closure of property launches.
• Ensure all operational requirements are completed on time.
• Support legal and documentation processes
• Coordinate legal due diligence and required documentation.
• Facilitate contract execution and property sign-offs.
• Monitor portfolio performance
• Review the performance of existing properties and operators.
• Identify areas of improvement to enhance business contribution and profitability.
• Recommend corrective actions wherever required.
• Drive expansion opportunities
• Build and maintain a healthy pipeline of new business opportunities.
• Identify opportunities for portfolio growth through new acquisitions and existing partner networks.