Hotel Leveque
SVP of Business Development
Hotel Leveque, Chicago, Illinois, United States, 60290
Compensation:
$225,000 to $250,000 per year, plus commission What’s in it for you… Insurance enrollment available from DAY 1! Paid time off available from DAY 1! Holiday pay available from DAY 1! Hotel and travel discounts at worldwide destinations! Professional development and promotion opportunities! The impact you'll make… The Senior Vice President of Business Development is responsible for sourcing third party hotel management contracts nationwide by leveraging industry relationships and identifying new management opportunities. Additionally, this role will enhance First Hospitality’s relationship in the hotel development, ownership, and capital market communities. What you'll be doing... Strategic Growth Planning: Develop and execute a comprehensive business development strategy to drive revenue and portfolio growth. Identify and prioritize target markets, brands, and hotel opportunities to align with our growth vision. Source and evaluate hotel management opportunities, including new builds, acquisitions, and conversions. Build a robust pipeline of opportunities by networking with developers, owners, and industry leaders. Relationship Management: Foster and maintain strong relationships with hotel owners, investors, real estate developers, and franchisors. Serve as the company’s ambassador at industry events, conferences, and networking events. Proposal & Contract Negotiations: Lead the preparation and delivery of proposals, presentations, and pitches to potential partners and stakeholders. Negotiate management contracts and agreements in collaboration with legal and the leadership team. Market Research and Analysis: Monitor market trends, competitive landscape, and emerging opportunities in the hospitality sector. Provide insights and recommendations to leadership for strategic decision-making. Lead and mentor team to achieve growth targets. Collaborate cross-functionally with operations, marketing, and finance teams to ensure alignment and successful transitions for new projects. You should have… A degree in real estate, business, or hotel administration is required. Minimum of 10 years of experience in client relationship management. Proven experience in hospitality business development and/or investment is required. Results-oriented with the ability to manage multiple projects simultaneously. Ability to quickly process new information and adapt to change. Strong written, oral presentation, and sales communication skills required. A well-rounded understanding of both independent and branded hotel operations. Proficiency in MS Office, with the ability to work with spreadsheets, analyze large datasets, and translate them into meaningful insights. Meticulous attention to detail with a focus on fact-based decision-making. Effective negotiation skills and the ability to clearly communicate ideas and solutions. Ability to foster a collaborative environment within the organization. Travel is required based on business demands. First Hospitality is a national, award-winning hospitality management and development company with nearly 40 years of experience in the industry. We are purpose-driven and dedicated to driving results that bring to life the visions of the most sophisticated investors, owners, and partners in the business. First Hospitality operates over 70 hotels across 26 brands, emphasizing strong relationships and innovation. First Hospitality seeks to attract and retain a high-performing and diverse workforce in which associates’ differences are respected and valued to better meet the varying needs of the diverse customers we serve. We foster a diverse and inclusive work environment that promotes collaboration, flexibility, and fairness. At First Hospitality, our mission is
to care for you on our journey together
. Founded in 1985, First Hospitality has curated a forward-thinking reputation. Successfully investing and managing hotels throughout the country, our passion for harnessing data to plan ahead means we don’t just follow industry trends, we create them. This means creating value for our investors, opportunity for our employees, comfort for our guests, and trust for our partners. First Hospitality is focused on achieving together through integrity, caring service, leadership, ownership, teamwork, full living, and inclusivity and social good. JOIN THE TEAM!
First Hospitality believes we do better when you do better. That's why we're committed to helping you build a future through comprehensive training and extensive career development opportunities. We provide all employees with competitive wages, benefit enrollment options from the first day of employment, paid time off from the first hour worked, holiday pay, 401(k) retirement savings, and more!
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$225,000 to $250,000 per year, plus commission What’s in it for you… Insurance enrollment available from DAY 1! Paid time off available from DAY 1! Holiday pay available from DAY 1! Hotel and travel discounts at worldwide destinations! Professional development and promotion opportunities! The impact you'll make… The Senior Vice President of Business Development is responsible for sourcing third party hotel management contracts nationwide by leveraging industry relationships and identifying new management opportunities. Additionally, this role will enhance First Hospitality’s relationship in the hotel development, ownership, and capital market communities. What you'll be doing... Strategic Growth Planning: Develop and execute a comprehensive business development strategy to drive revenue and portfolio growth. Identify and prioritize target markets, brands, and hotel opportunities to align with our growth vision. Source and evaluate hotel management opportunities, including new builds, acquisitions, and conversions. Build a robust pipeline of opportunities by networking with developers, owners, and industry leaders. Relationship Management: Foster and maintain strong relationships with hotel owners, investors, real estate developers, and franchisors. Serve as the company’s ambassador at industry events, conferences, and networking events. Proposal & Contract Negotiations: Lead the preparation and delivery of proposals, presentations, and pitches to potential partners and stakeholders. Negotiate management contracts and agreements in collaboration with legal and the leadership team. Market Research and Analysis: Monitor market trends, competitive landscape, and emerging opportunities in the hospitality sector. Provide insights and recommendations to leadership for strategic decision-making. Lead and mentor team to achieve growth targets. Collaborate cross-functionally with operations, marketing, and finance teams to ensure alignment and successful transitions for new projects. You should have… A degree in real estate, business, or hotel administration is required. Minimum of 10 years of experience in client relationship management. Proven experience in hospitality business development and/or investment is required. Results-oriented with the ability to manage multiple projects simultaneously. Ability to quickly process new information and adapt to change. Strong written, oral presentation, and sales communication skills required. A well-rounded understanding of both independent and branded hotel operations. Proficiency in MS Office, with the ability to work with spreadsheets, analyze large datasets, and translate them into meaningful insights. Meticulous attention to detail with a focus on fact-based decision-making. Effective negotiation skills and the ability to clearly communicate ideas and solutions. Ability to foster a collaborative environment within the organization. Travel is required based on business demands. First Hospitality is a national, award-winning hospitality management and development company with nearly 40 years of experience in the industry. We are purpose-driven and dedicated to driving results that bring to life the visions of the most sophisticated investors, owners, and partners in the business. First Hospitality operates over 70 hotels across 26 brands, emphasizing strong relationships and innovation. First Hospitality seeks to attract and retain a high-performing and diverse workforce in which associates’ differences are respected and valued to better meet the varying needs of the diverse customers we serve. We foster a diverse and inclusive work environment that promotes collaboration, flexibility, and fairness. At First Hospitality, our mission is
to care for you on our journey together
. Founded in 1985, First Hospitality has curated a forward-thinking reputation. Successfully investing and managing hotels throughout the country, our passion for harnessing data to plan ahead means we don’t just follow industry trends, we create them. This means creating value for our investors, opportunity for our employees, comfort for our guests, and trust for our partners. First Hospitality is focused on achieving together through integrity, caring service, leadership, ownership, teamwork, full living, and inclusivity and social good. JOIN THE TEAM!
First Hospitality believes we do better when you do better. That's why we're committed to helping you build a future through comprehensive training and extensive career development opportunities. We provide all employees with competitive wages, benefit enrollment options from the first day of employment, paid time off from the first hour worked, holiday pay, 401(k) retirement savings, and more!
#J-18808-Ljbffr