Chief Development Officer - Concord Hospitality Enterprises - Raleigh, NC
Chief Development Officer - Concord Hospitality Enterprises - Raleigh, NC
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Job Description
Concord Hospitality is known in for its unparalleled standard of excellence as a hotel developer owner and operator across all capabilities. We provide dedicated hotel management services to fullservice luxury and upscale selectservice hotel properties. Having been in business since 1985 our portfolio has grown substantially. We are well known within the industry for our expertise and excellence within the different brands. Concord is deeply committed to the guest experience and to providing a great workplace that is inclusive to all. Our rich and vibrant culture is what separates us from our competitors.
Concord Hospitality is seeking a strategic and resultsdriven Chief Development Officer (CDO) to lead our Business Development Team in driving new hotel development and thirdparty acquisition opportunities. This executivelevel role is instrumental in shaping our expansion strategy and for fostering relationships with key stakeholders and property owners. You will work with an experienced leadership team that is committed to innovation and excellence and have the opportunity to shape the future of a respected hospitality brand!
Key Responsibilities:
Source and secure new hotel development projects and thirdparty acquisition opportunities.
Lead all aspects of deal structuring including underwriting financial modeling and feasibility analysis.
Build and maintain strong relationships with hotel owners developers investors and key industry partners.
Deliver complex and compelling development proposals to senior leadership and investment partners.
Collaborate crossfunctionally with legal finance design and operations teams to ensure alignment on project execution.
Provide strategic and visionary leadership to the development team.
Qualifications:
10 years of experience in hotel development acquisitions or related real estate roles.
Extensive knowledge of hotel operations real estate and the hospitality investment landscape.
Demonstrated success in identifying and closing hotel development and thirdparty management deals.
Proven ability to structure negotiate and close complex hospitality transactions.
Deep expertise in underwriting financial feasibility studies and market analysis.
Excellent relationshipbuilding and communication skills.
Executivelevel leadership experience with a growthfocused mindset.
Outstanding relationship management and communication skills with proven success in owner and investor relations.
Benefits of Working for Concord Hospitality
We offer competitive executive compensation and incentive structure. Fulltime associates are eligible to participate in a comprehensive benefit package which includes medical/dental/vision plans life insurance ST/LT disability options 401K options tuition assistance discounted room rates at Concord managed hotels plus training & development and career advancement opportunities.
Why Concord
Concord Hospitality invests in its associates by providing training and development at all levels from interns to executive leaders. Our Associate First culture supports and inspires personal development both within the workplace and beyond. Our associates are what our company is built on and we are proud to recognize them for their hard work dedication and commitment to excellence.
We value work life harmony and we are committed to provide the best guest experience in every market we exist. Concord is built on 5 cornerstones: Quality Integrity Community Profitability and FUN! Our associates say it best with our national company cheer heard throughout North America We Are Concord! We support diversity and inclusion through our mission to be a Great Place to Work for All.
Pay Range: $293000 $366000
Required Experience:
Chief
Employment Type
Full-Time
