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Development Manager, China

Job Title: Development Manager, China
Contract Type: Permanent
Location: Shanghai, China
Industry:
Reference: JOB_000107[834]
Contact Name: Adeline Lee
Contact Email: adeline@acihr.com
Job Published: August 23, 2016 16:14

Job Description

About the Company

Our Client is a leading hospitality group which owns and manages a portfolio of well-respected brands recognized the world over.



About the Role

This position will be based in China to help source for management contracts and investment opportunities.  The selected candidate will need to be fully conversant with the entire acquisition process of the properties to be acquired, ranging from deal sourcing, establishing the positioning of the property for the suitable brand under the company’s portfolio, structuring, due diligence, financial feasibility analysis and legal documentation of the deal. For management contracts, similarly the candidate would need to deal with management contracts for target markets in the region and conduct financial feasibility analysis for each deal.

·       Financial

-      Responsible for the expansion plan for the company in accordance with business plan

-      Achieve financial targets for new projects in accordance with financial scorecard in Balance Score Card

·       Customer

-      Work closely with various operating divisions within hospitality to ensure compliance with company’s standards and smooth transition from appointment of contract to operations

-      Establish rapport and good relations with building owners/developers and real estate fund companies for potential business opportunities

·       Internal Business Process

-      Develop financial feasibility for both investment and management projects; expedite project assessment for investment or management contract  

-      Develop market feasibility templates and to utilize the template to establish market positioning 

-      Develop project feasibility on the cost and design aspects in accordance with company standards; expedite project assessment for investment or management contract  

-      Negotiate legal structures and due diligence for management and all related contracts; expedite signing of contracts with adequate protection

-      Develop market intelligence and maintain library resources for relevant expansion markets to achieve accurate marketing, financial assessment of projects. To expedite signing of management contracts.

·       Human Capital

-      Business Development leadership in portfolio countries

-      Develop financial feasibility for both investment and management projects; expedite project assessment for investment or management contract



The Person

  • Qualification in Hotel Management, BS / BA in Business, Finance, or Real Estate, or equivalent experience. MBA preferred
  • Experience conducting business in China
  • Must have proven track record of deal flow/closure
  • Knowledge of management contracts and joint venture agreements
  • Knowledge of hotel operations highly desired