17 Sep
|
Rangmanch Hospitality & Leisure
|
Gurugram
17 Sep
Rangmanch Hospitality & Leisure
Gurugram
Job Description
Rangmanch Hospitality & Leisure is the hospitality group behind Rangmanch Farms — a 20+ acre resort and events destination about 40 minutes from Delhi via the Dwarka Expressway, running stays, weddings, corporate events, and 80+ activities. Over the next five years, the group plans to operate multiple resorts and venues across North India through leases and management contracts.
This role is the engine of that plan.
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We are hiring a Business Development Manager for hotel and resort acquisitions. Your job: identify, evaluate and help sign the properties we take over — working directly with the founder, who makes decisions quick.
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What you will do
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- Build and work a pipeline of hotels, resorts, Villas and venues across North India that fit leasing or management contracts - hill stations, weekend-getaway belts around Delhi NCR, and leisure and pilgrimage towns
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- Source properties through owners, brokers, market scans and on-ground scouting; build a real owner and broker network
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- Visit and evaluate assets: location, condition, room count, capex needed, market demand, competition, achievable rates and occupancy
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- Build the deal case in Excel: revenue and cost projections, lease rent or minimum-guarantee / revenue-share economics, payback etc.
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- Present evaluated deals to the founder with a clear recommendation: take it, negotiate, or walk
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- Negotiate term sheets with owners; support diligence and legal through signing
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- Hand over signed properties to the operations team and support the transition
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- Maintain knowledge base of key prioritised locations in terms of key areas, going market rates, market potential
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Who should apply
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- 4–8 years in hotel/villa supply acquisition, hotel chain expansion, hospitality asset management or hospitality-focused real estate — at companies like OYO, Treebo, Fab Hotels, Sterling, Espire, Bloom, Stay Vista, Saffron Stays, Lohono, ELIVAAS, Sarovar, Royal Orchid or similar
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- You have personally sourced and closed at least two hotel/resort/villa deal — lease, revenue share, MG or management contract
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- Prior experience in hotel development, franchise development, property acquisitions, or hotel operator/brand expansion
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- Comfortable negotiating with property owners in Hindi and English — from a branded franchisee to a family that owns an old hill hotel
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- Strong Excel; you can build and defend a simple P&L; projection for a 30-room property
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- Ready for a travel-heavy role: 10–15 days a month on the road across North India. Based in Gurugram otherwise. All travel costs covered.
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Please read before applying
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This is NOT a hotel sales role. We are not hiring for room nights, banquets, MICE or corporate sales. This is a property acquisitions role - if your experience is selling hotel inventory rather than signing hotel properties, this will not be a fit.
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What you'll get
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Market-competitive salary + attractive incentive on signing of the deal. Travel allowance.
📌 Business Development Manager -- Hotel & Resort Acquisitions (Gurugram)
🏢 Rangmanch Hospitality & Leisure
📍 Gurugram