Property Acquisition - BDM

OYO; Chennai District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

OYO in Chennai seeks a dedicated leader to identify and acquire new hotel opportunities, build and manage partner relationships with property owners, developers, landlords, brokers and consultants, and coordinate seamless onboarding and launch of new properties.

You will also support legal due diligence and documentation, monitor portfolio performance, and drive expansion through new acquisitions and an active partner network to maximize growth and profitability.

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.