Senior Vice President | Business Development
Washington, AR - USA
Job Summary
We believe in the power of people place and personality ensuring that our hotels are places where our guests are valued and our brand ethos is elevated. The Vice President Business Development is an integral part of the companys success embodying the character of our Full Service Focus Service Extended Stay branded and independent hotels within our portfolio. The Vice President will provide a single point of leadership in driving and sustaining the business growth strategy by developing new management agreements and nurturing relationships with both prospects and existing owners.
SPECIFIC DUTIES:
- Leads the Full Service Focus Service Extended Stay branded and independent hotels
business development activity - Responsible for sourcing management contracts and development opportunities to grow PM Hotel Groups portfolio of hotels.
- Builds a robust business development pipeline
- Develops and maintains relationships with brokers consultants banks and investors.
- Attends key hospitality events conferences and networking opportunities relevant to increasing management business.
- Cultivates relationships with industrys leading hospitality brands
- Develops and maintains relationships with existing owners contract renewals.
- Responsible for ensuring strong growth of the portfolio by delivering an effective annual business plan.
- Identifies business development needs and proposes appropriate solutions
- Collaborates with marketing team to develop effective collateral materials
- Leverages resources to transform data into actionable insights. Provides analysis on current and future trends to support key business objectives including market intelligence gathering to identify emerging opportunities consumer and industry research supporting strategic long-term planning and primary research efforts to meet business goals.
- Fosters a diverse and inclusive workplace.ââInspires stakeholders tailoring message and delivery accordingly.
- Works with the broader leadership team to translate big picture trends into opportunities.
- Establishes relationships with business unit heads to ensure that strategic objectives are supported and executed.
WHAT ARE WE LOOKING FOR
- Creative Collaborative Enthusiastic People Person
- Proven dynamic leader and self-starter.
- Strong written and verbal communication skills.
- Demonstrated problem solving and interpersonal skills.
- Management Contract negotiations experience for Full Service Focus Service Extended Stay branded and independent
hotels required - Ability to effectively deal with internal and external customers some of whom will require high levels of patience tact and diplomacy to defuse anger and collect accurate information to resolve conflicts.
- Honesty integrity passion for hard work and success. Detail obsessed. Results driven.
- Strong analytical skills to understand key business indicators and competitive trends and develop approaches to these challenges.
- Proven experience of working to and understanding key marketing disciplines plans and strategies.
- Proficiency in Microsoft Office applications project and time management
- Demonstrated understanding of commercial awareness; able to adapt to changing priorities with key judgement and decision-making skills.
- Demonstrated self-starter with excellent attention to detail. Ability to work independently and collaboratively as part of a team.
QUALIFICATIONS SKILLS:
- Bachelors Degree in hospitality or business administration preferred or equivalent.
- 5 years experience in roles spanning strategy and/or marketing with well-regarded global consumer and hospitality companies characterized by innovation and a strong customer focus.
- 2 years of direct experience sourcing and negotiating management agreements with a successful track record of securing management contracts.
- Must be able to negotiate management agreements and add value with effective knowledge of hospitality real estate financial analysis.
- An excellent track record of developing business strategies that produce sustainable and scalable income without compromising brands.
- Ability to interact with work with teams cross-functionally.
- Confident verbal and presentation skills; demonstrated ability to clearly explain commercial concepts at all levels and produce engaging and professional presentations and communication materials.
- A thorough understanding of consumer trends attitudes needs and preferences to help PM Hotel Group enhance its growth capabilities. An exceptional thought leader who partners closely with all lines of business to understand and provide input and insight into marketing business strategy and product development.
WHO WE ARE:
ABOUT PM HOTEL GROUP
Awards Accolades:
- Recognized as a Best Place to Work in Hospitality as seen in Hotel Business (2019)
- Fastest Growing Private Companies in DC Washington Business Journal ()
- Inc 5000 Fastest Growing Private Hospitality Companies (2019)
- AHLA Paving the Way Award 2021 Vanessa Stanley
PM is PEOPLE-POWERED
At PM Hotel Group we are passionate about fostering an environment that allows our associates to thrive. Creating a culture dedicated to respect teamwork entrepreneurial spirit and the drive to succeed we encourage our associates to express themselves and their unique talents. We celebrate diversity and are passionate about equity and inclusion.
A top-15 hotel management company PM Hotel Group has over two decades of experience building relationships with brands partners and hotel owners. We know that our greatest resource is our people and this people-first mindset is at the heart of our corporate DNA.
#LI-TR1
Required Experience:
Senior Exec
About Company
We know hotels. We’re innovators, entrepreneurs, curators, and collaborators. We’re inspired to create and driven to optimize performance.