Job Title: Asset Manager – Hospitality (Owner’s Representative)
Company: Krish (Raipur) Hotels Pvt. Ltd.
Location: Raipur, Chhattisgarh
Reporting To: Ownership / Promoter Group
Role Overview:
We are seeking an experienced Asset Manager for a branded, luxury hotel who will act as the Owner’s Representative while also leading the Engineering & Maintenance function. The role will be involved from the construction/pre-opening stage through stabilization, ensuring optimal asset performance, cost efficiency, and alignment with ownership objectives.
The ideal candidate will possess a strong understanding of end-to-end hotel Commercials, operations, technical systems, and capital planning, with the ability to bridge the gap between ownership, operator, and project teams.
Key Responsibilities:
1. Owner’s Representation & Asset Management
- Act as the primary interface between Ownership and Hotel Operator.
- Monitor and drive asset performance (financial, operational, and service standards).
- Review budgets, business plans, and operational strategies to ensure alignment with ownership objectives.
- Track KPIs including GOP, RevPAR, EBITDA, and cost benchmarks.
- Provide strategic inputs to enhance asset value and long-term returns.
- Negotiation review commercials with operation.
2. Pre-Opening & Construction Phase Involvement
- Participate from the construction stage to ensure operational efficiency is embedded in design and execution.
- Review layouts, BOQs, and technical specifications from an operational and maintenance perspective.
- Identify cost optimization opportunities without compromising brand standards.
- Support procurement planning, vendor selection, and value engineering initiatives.
- Coordinate with consultants, contractors, and brand representatives for smooth project execution.
3. Engineering & Maintenance Leadership
- Head the Engineering & Maintenance department post-opening.
- Establish preventive and predictive maintenance systems.
- Ensure optimal performance of all MEP systems (HVAC, electrical, plumbing, fire safety, etc.).
- Manage annual maintenance contracts (AMCs) and service vendors.
- Drive sustainability initiatives, energy efficiency, and cost control measures.
4. Operational Oversight
- Maintain a strong understanding of all hotel functions including Rooms, F&B, Banquets, and Back-of-House operations.
- Collaborate with the operator to improve service delivery and guest satisfaction.
- Ensure compliance with brand standards, statutory regulations, and safety norms.
5. Financial & Cost Management
- Monitor CapEx and OpEx budgets related to engineering and asset upkeep.
- Identify opportunities for cost savings and operational efficiencies.
- Oversee lifecycle planning for major equipment and asset replacement.
Key Requirements:
- Bachelor’s degree in Engineering (Mechanical/Electrical preferred) or Hospitality Management.
- 10–15 years of experience in hospitality, with exposure in 5 Star hotel operations.
- Strong experience in engineering/maintenance along with operational exposure.
- Prior experience in asset management, owner’s representation, or pre-opening projects is highly preferred.
- Strong commercial acumen with understanding of hotel financials and KPIs.
- Ability to work across project execution, pre-opening & operations.
Key Skills:
- Asset Management & Financial Analysis
- Hotel Operations Knowledge
- Project Management & Pre-Opening Expertise
- Vendor & Contract Management
- Cost Optimization & Value Engineering
- Leadership & Stakeholder Management
Preferred Profile:
- Experience working with branded hospitality chains (e.g., Taj, Marriott, Hyatt, etc.).
- Exposure to green building practices, sustainability, and energy management systems.
- Strong problem-solving and decision-making abilities.
Pay: ₹1,500,000.00 - ₹2,700,000.00 per year
Benefits:
- Cell phone reimbursement
- Food provided
- Provident Fund
Work Location: In person
