Director- Hotel Development

Job Description

Title: Director- Hotel Development

Company Name: NASSA GROUP

Vacancy: --

Age: 42 to 55 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 20 years
• The applicants should have experience in the following business area(s): Hotel

• Master of Business Administration (MBA)
• Masters
• Bachelor of Business Administration (BBA) in Hospitality Management
• Bachelor of Business Administration (BBA)

• At least 20 years
• The applicants should have experience in the following business area(s): Hotel

• Age 42 to 55 years
• Only Male

• Minimum 20 years of experience in the Hospitality Industry, with at least 5 years in a senior management role within the Hospitality industry.

• Experience with international hotel development projects, including navigating diverse regulatory environments and cultural differences is preferred.

• Excellent project management and organizational abilities.

• Effective negotiation and relationship-building capabilities.

• In-depth knowledge of real estate markets and hotel industry trends.

• Proficiency in relevant software and tools (e.g., Microsoft Office, project management software).

• Deep understanding of current trends and future outlooks in the hospitality industry, including guest preferences, technological advancements, and competitive landscape.

• Comprehensive knowledge of zoning laws, building codes, environmental regulations, and other legal requirements related to hotel development.

• Familiarity with sustainable development practices and green building certifications (e.g., LEED) to move towards more eco-friendly operations.

• Ability to lead and inspire a team toward achieving organizational goals.

• Excellent verbal and written communication skills.

• Strong analytical and problem-solving skills.

• Ability to make sound decisions under pressure.

• Adaptability to changing market conditions and project demands. 

• Based at the company’s headquarters with frequent travel to development sites.

• Full-time job, with flexibility for extended hours based on project needs. 

Context : This role involves identifying new development opportunities, overseeing the acquisition and construction of new properties, and ensuring projects align with the company`s strategic goals.

Job Responsibilities :

• Develop and implement the hotel development strategy in line with the company’s goals.

• Identify and evaluate potential development sites and acquisition targets.

• Conduct market research and feasibility studies to assess project viability.

• Oversee the entire development process from site selection to hotel opening.

• Manage project timelines, budgets, and resources effectively.

• Coordinate with architects, contractors, and other stakeholders to ensure timely and within-budget project completion.

• Prepare and manage the development budget.

• Conduct financial analyses and forecasts to support investment decisions.

• Ensure projects meet financial performance metrics and return on investment targets.

• Develop and maintain relationships with investors, developers, local authorities, and other key stakeholders.

• Negotiate terms and agreements with partners and vendors.

• Represent the company at industry events and networking opportunities.

• Ensure all development activities comply with local, state, and federal regulations.

• Oversee the permitting and licensing processes.

• Manage environmental impact assessments and sustainability initiatives.

• Lead, mentor, and develop the hotel development team.

• Foster a collaborative and high-performance culture.

• Provide training and development opportunities to team members.