Travelodge Hotels

Invests, manages, and franchises mid-scale hotels

Development Manager - Feasibility

Real Estate DevelopmentConfirmed live in the last 24 hours

Full-timeSeoul, South KoreaNo salary listedIn-person

About the Job

Requirements

Possess at least a Bachelor's degree in Hospitality, Business, Real Estate, or a related field from a recognized institution.
Have a minimum of 2–4 years of working experience in an analyst, associate, or consultancy role in a hospitality- or real-estate-related field.
Be well versed in Microsoft Excel, PowerPoint, and Word, including financial modeling, graphs, charting, and presentation.
Have the ability to handle multiple tasks efficiently and in an organized way.
Have excellent verbal and written communication and presentation skills, with strong logical thinking capability and the ability to communicate efficiently with various stakeholders.
Have proficient research experience and the ability to independently collect and evaluate economic and local market data.

Responsibilities

Conduct feasibility studies for potential hotel management deals and participate in bidding or tendering processes, including market research and underwriting of each potential project, gathering critical market and competitive data, tracking and establishing pickup trends and occupancy history, and providing 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 the new-project pipeline and maintain deal and contact databases.
Develop financial projections, presentations, proposals, and pitch materials for each business development opportunity, and work with internal stakeholders, including hotel operations and technical services teams, to prepare proposals.
Work with the development team to develop and implement business development strategies to grow the business and secure new hotel management contracts.

Desired Qualifications

Relevant experience in the hospitality or real estate industry is preferred.

JOB OVERVIEW

Reporting to the Director of Development, the Feasibility 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 presentatio
Be an independent learner, team player and enjoy working within a dynamic group and fast paced environmen
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

About the Company

Travelodge Hotels

Invests, manages, and franchises mid-scale hotels

Travelodge Hotels Asia Pte. Ltd. develops, manages, and franchises mid-scale, select-service hotels across Asia under the Travelodge brand. It uses an investor-operator model, offering acquisition, lease, management, and franchise arrangements to property owners and concentrating on city-center gateway cities. Its hotels provide modern rooms, dining and work-friendly communal spaces, self-service laundromats, and on-site gyms, supported by a regional shared services platform for finance, distribution, and technology to boost efficiency. The company aims to grow the portfolio to over 50 hotels by 2030 and differentiates itself with a single-brand, mid-scale focus and value-driven asset management across Asia.

Company size: 51-200
Company stage: Not listed
Total funding: Not listed
Headquarters: Singapore
Founded: 2014

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