Vice President of Business Development
About the Company
Acclaimed hotel management & investment firm
Industry
Hospitality
Type
Privately Held
Founded
1984
Employees
10,001+
Categories
- Travel & Leisure
- Biotech
- Clinics
- Healthcare
- Hospitals
- Hotel Management
- Hotels
- Motels
- Hotel Accommodations
- Residential
- Real Estate
- Leasing
About the Role
The Company is in search of a Vice President of Business Development to lead the expansion of its management portfolio. This key role involves establishing and nurturing relationships with institutional partners, including REITs, private equity firms, family offices, and sovereign wealth funds, to secure long-term management opportunities. The successful candidate will be responsible for representing the company to both current and potential clients, driving overall portfolio value, and ensuring that new opportunities align with the company's market and geographic strategy. A strong background in the hospitality industry, particularly in business development, is essential, with a focus on sourcing, negotiating, and securing new management agreements. The role also includes evaluating properties, underwriting opportunities, and assisting in the acquisition process for clients.Applicants for the Vice President of Business Development position at the company should hold a Bachelor's degree in a related field and have a minimum of 10 years' experience in hospitality business development or a related area. A thorough knowledge of the lodging industry, investment and operational proformas, and experience in real estate finance are highly desirable. The role requires a professional with superior communication skills, a self-motivated and results-driven approach, and a proven track record in client relationship management. The ideal candidate will have a minimum of 2 years' experience at the Vice President level and be adept at negotiating and managing long-term partnerships. The position demands a high level of travel and offers a competitive, performance-based compensation structure.
Hiring Manager Title
Senior Vice President, Head of Sales
Travel Percent
50%
Functions