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Job Code

1622228

Prestige Group - Strategic Re-engineering & Scaleup Manager

Posted 1 month ago
Posted 1 month ago
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Location: Bengaluru, India.

Organization: Prestige Hospitality Ventures Limited.

About Prestige Hospitality Ventures Limited : Prestige Hospitality Ventures Limited (PHVL), part of Prestige Group, is a leading hospitality asset owner with multiple operational assets currently (~1500 keys) and has ambitious plans to grow by ~4x in the coming few years.

With marquee assets and strong brand partnerships, PHVL is now entering a transformational phase - building hotels at scale, speed, and efficiency through a "manufacturing-inspired" approach to design and construction.

Role Overview:

- We are seeking a Strategic Reengineering & Scaleup Manager to drive a fundamental shift in how PHVL develops its hospitality portfolio.

- The role will focus exclusively on the pre-opening phase (design, procurement, and construction) and is tasked with delivering faster time-to-market and better cost efficiency - thereby enhancing project returns and strengthening long-term asset value.

- This is a critical role, reporting directly to the CEO with potential to create a significant impact on PHVL's growth trajectory.

Key Responsibilities:

- Lead an industrialized approach to Hospitality Development.

- Reengineer design and construction processes to significantly crunch development timelines and reduce total cost.

- Champion a "manufacturing mindset" - identify opportunities for standardized, modular and repeatable processes across projects.

- Design Standardization and Smart Customization.

- Lead standardization of low customer impact elements (non-customer-facing elements such as shafts, MEP systems, back-of-house layouts).

- Enable design differentiation for select high customer impact elements ( lobbies, F&B concepts, interiors).

- Ensure stage gated design approvals and BIM readiness before start of construction.

Portfolio-First approach:

- Drive portfolio-level synergies across design, procurement, and execution.

Vendor and Partner Strategy:.

- Build strategic partnerships with a select pool of designers, consultants, and vendors to ensure alignment on design principles leading to speed, and cost efficiency.

- Evaluate co-locating design teams to accelerate turnaround and institutionalize PHV design principles.

Innovation and Off-site manufacturing:.

- Champion opportunities for prefabrication and modularization where IRR accretive (via reduction of onsite labor requirement, activity completion timelines).

Change management and Capability building:

- Overcome resistance to new practices by training, reinforcing and building organizational conviction.

- Drive cultural transformation in how the organization thinks about hospitality portfolio development.

Strategic Procurement for Magin recovery:

- Champion opportunities to standardize/consolidate procurement across projects to unlock scale benefits.

- Lead value engineering opportunities via benchmarked backed rationalization/performance-neutral substitution (local made items vs imported items).

- Collaborate with top vendor partners to identify and/or create cost take out opportunities including process mapping, optimizing cost structure etc.

Governance and Execution discipline:

- Set up stage-gate governance and project control systems to ensure timelines and budgets are met.

- Institutionalize feedback loops and playbooks for continuous improvement.

Strategic Impact:.

- Reduce time-to-market and recover margins during development.

- Improve project IRRs and enhance long-term asset value from an owner's perspective.

- In summary, this role is about transforming Prestige Hospitality Ventures' hotel development engine -from bespoke, one-off projects to an industrialized, scalable model that delivers speed, efficiency, and margin recovery at portfolio scale.

Qualifications and Experience:

- 12-18 years of experience in real estate, hospitality development, or related asset-heavy industries.

- MBA/PGDM from a reputed institution strongly preferred.

- Proven track record in cost optimization, design standardization, procurement, and project management.

- Experience with asset-owner perspectives (ROI/IRR, margin recovery, time-to-market).

- Strong change management skills - ability to influence, train, and transform organizations.

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Posted By

Job Views:  
313
Applications:  69
Recruiter Actions:  0

Job Code

1622228

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