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LocationUSA

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OpportunityHotel Vice President Business Development - based in West Coast, USA
Posting

(Hotel Acquisitions & Management Agreements Experienced) *Applicant must be an American citizen or have a valid USA work permit* **This position is for one of USA's largest Hotel/Serviced Residences brand. Please apply only if you are a Senior Development and acquisition Executive in the Hotel or Serviced Residences Sector** A highly respected Hospitality Corporation, recognized as one of the best employers in the Hospitality Serviced Residences and Hotel sector worldwide, seeks a high caliber, results orientated, and a strong leader for their Senior Vice President Business Development position based in USA. This is an outstanding opportunity to join a progressive expanding brand with almost 55 hotels globally. The Vice President Business Development will help lead the expansion of the group and will be integral to the implementation of the development strategy for the group's expansion in the US and worldwide. Hence, you must have a proven track record in the development with an International hospitality company, spanning hotels and serviced residences. The VP Business Development is expected to be a team player with excellent interpersonal and communication skills, and exemplify the highest standards of honesty, integrity and discretion. You must have excellent knowledge of the hotel / serviced residences market in the US and be well linked to decision makers in this region, with profound knowledge in Management contract negotiations, feasibility studies and market research. Your main focus will be sourcing and signing hotel management opportunities for the Group in the US, rebranding and/or development to be operated under Management, Franchise and/or lease contracts. So, your responsibilities will also include basic feasibility studies, maintain good working relationships with developers in hospitality industry, initial developer and market research. A minimum of 10+ years of experience in similar or senior executive positions in the hospitality and real estate development is desired, with a University degree in Real Estate, Hotel Administration or Business Administration. Familiarity with the capital markets will be an added advantage. Expertise in hotel feasibility and valuation, management contract negotiation, real estate finance, acquisition and general hotel development, along with detailed understanding of development patterns and in-depth understanding of the hospitality sectors are critical characteristics. Other important requirements also include: . Must have work experiences within the luxury to midrange hotel and serviced residences industry in the USA. . Have minimum 10 years of Business Development and Acquisition experience in one of the top luxury International Hotel or Serviced Residences brands in the industry, with at least 5 years in a multi-unit or Vice President Development role. . Be well connected and known to key business partners and have a strong presence within the serviced residences market segment. . Ability to travel extensively. . Is confident in business discussions. . Financially fluent to evaluate feasibility of transactions. . Must be computer literate with excellent presentation skills and highly sophisticated communication skills; written and oral. A well above market compensation structure will be offered, based on the qualifications, experiences and effectiveness of the successful candidate

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