Development Manager (Malaysia)

Travelodge Hotels Asia; Malaysia; On-site; MYR 120,000 - 200,000; Full time

Job summary

Travelodge Hotels Asia is seeking a Development Manager to join the investment and development team. You will support growth by handling business development from origination to contract closure, including market research, feasibility analyses, and financial projections.

Collaboration with internal stakeholders will be key to preparing compelling proposals and pitches. The role requires a Bachelor’s degree in Hospitality/Business/Real Estate or related field, with 2–4 years of relevant

Qualifications

• Bachelor's degree in Hospitality, Business, Real Estate or related field.
• Experience in hospitality or real estate preferred.

Responsibilities

• Conduct feasibility studies for hotel management deals, including market research and underwriting of potential projects.
• Develop financial projections, proposals and pitch materials in connection with business development opportunities.
• Generate investment and development leads through industry contacts and track project pipelines.
• Support development strategies to grow the business and secure new hotel management contracts.

Skills

Financial modelling

Data analysis

Communication

Presentation

Teamwork

Remote work

Education

Bachelor's Degree in Hospitality/Business/Real Estate

Tools

Microsoft Excel

PowerPoint

Word

Job description

JOB OVERVIEW
Reporting to the Director of Development, the Development 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.
Key Responsibilities:

• 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 including critical market and competitive data, tracking and establishing pickup trends, occupancy history, and 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 and government tourism bodies, track new projects pipeline, maintain both deal and contact databases
• Develop financial projections, presentations, proposals and pitch materials in connection to each business development opportunity and 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 & REQUIREMENTS 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

Experience:

• Minimum 2 – 4 years’ of working experience in either an analyst, associate or consultancy role in a hospitality or real estate related field.

Personal Qualities & Attributes:

• 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, including the ability to communicate efficiently to various stakeholders
• Proficient research experience with ability to independently collect and evaluate economic and local market data
• Demonstrate the ability of working independently and effectively in a remote environment