Vice President of Business Development

PROVIDENCE HOSPITALITY GROUP•Denver, CO

7d•$180,000 - $200,000•Onsite

About The Position

Providence Hospitality Partners is seeking a Vice President of Business Development to lead their Business Development effort and achieve strategic growth objectives. This role involves identifying management contract opportunities and expanding the Joint Venture Investment Network. The company, founded in 2002 and based in Denver, Colorado, emphasizes a corporate culture that values teamwork, a strong work ethic, service to others, and personal balance, aiming to operate hotels where guests want to stay, associates want to work, and investors want to own.

Requirements

MUST HAVE PREVIOUS EXPERIENCE IN OBTAINING 3RD PARTY HMA'S WITH VERIFIABLE TRACK RECORD OVER SEVERAL YEARS
Bachelor’s Degree in Sales, Business, Hotel Management, Finance, or related field of study.
Minimum of five years of experience, with a proven ability to secure Hotel Management Agreement (HMA)
Knowledge of hospitality and hotel real estate markets, including operations, debt/equity structures
Strong understanding of financial analysis, underwriting acquisitions, and proficiency with financial modeling
Interest in working as part of a small and growing company, with awareness about the opportunities and challenges that come with a highly adaptive environment
Active listener, with exceptional written and verbal communication skills; strong creativity and critical thinking abilities
A results focused self-starter, with drive to achieve stated growth goals.
Be a curious individual, ready to take calculated risks towards promoting company’s goals and ideals
Ability to grow and maintain relationship with any individual, irrespective of the background and type of personality
High level of personal integrity and accountability
Highly organized and detail-oriented, with the ability to keep multiple projects and client engagements active at once.
Comfort with ambiguity and ability to navigate uncertainty
Solid knowledge of Excel, Word, and Power Point
Desire to work in a fast paced, entrepreneurial environment.
Strong enough mentally to work under pressure and without complaint

Nice To Haves

MBA is viewed favorably but not required

Responsibilities

Source and qualify leads for new Hotel Management Contracts in strategic markets
Negotiate and secure management contracts from lead generation and issuance of proposal to signing of the HMA
Prepare customized proposals by utilizing “Deck” presentations
Build and maintain strong relationships with Hotel Investors, Owners, Private Equity Groups, Brand Executives, Hotel Brokers, Consulting Firms, Asset Managers and Professional Firms
Prepare and present Proformas and develop Return on Investment Analysis
Develop a quarterly action plan and budget required to achieve our stated growth objectives
Attend strategic Hospitality Industry events
Performs other related duties as assigned by management