What are the responsibilities and job description for the Vice President of Business Development position at CareerArc?
Company : Hospitality Ventures Management GroupTitle : Vice President of Business DevelopmentDescription : Hospitality Ventures Management Group - Elevate Your Career at HVMG as VP of Business Development - Join a Thriving Hospitality Company on the Rise!Why you Want to Work for Us : Excellence is the mindset of every individual working at HVMG. If you are hungry to continually learn and motivated to take ownership of your career, you will want to join HVMG, a growing property ownership and management company with opportunities for development and long-term growth potential for excellent talent.What you will be doing : The VP of Business Development will assist with HVMG's business development efforts including acquisitions, third party management, new development deals, and equity and debt sourcing efforts. This role will include forming strategic alliances, negotiating partnerships and significantly growing the HVMG hotel portfolio through incremental and individual industry relationships. This individual will also be responsible and capable of complex independent financial modeling and analysis process for potential deals, existing hotels, and other investor / corporate entity needs.Key Responsibilities : Contact capital partners, servicers, & lenders for JV and management opportunitiesContact REITs for JV, management, leasehold, off-market acquisition opportunitiesMake contact with the various franchisors for management, acquisition, and new development opportunities, both value add and stabilized assetsRaise equity for ownership / investment opportunitiesSeek debt capital providers for potential dealsMerchant development (i.e. REIT's and other funds as end user)Generate incremental fee income through the following sources : Management Fees, Financing Fees, Acquisition / Development Fees, Consulting Fees, Development Fees, Purchasing & Project Management Fees, Food & Beverage Consulting FeesMaximize the return on investment of any / all equity investmentsExpand our ability to own, JV, and manage hotelsModeling and financial analysis of due diligence information to include but not limited to detailed financials, STR Reports, PIP, QA, GSS, and Market DataEducation & Experience Requirements : Bachelor's Degree from a four-year college or university with a degree preferably in Business, Sales & Marketing, or Finance.Highly accomplished dealmaker with extensive experience in Business Development.Successful track record of negotiating large, strategic deals with 5 years of Hospitality industry experience at either corporate / regional and / or property level.Our Associates Love : Amazing opportunities for career advancement across HVMGFlexible full-time and part-time schedulesUp to 40% earned wages paid BEFORE payday with PayActivePaid Time Off (PTO) and Paid HolidaysFull Healthcare Benefits (including medical, dental, and vision coverage)401k Retirement Plan with a guaranteed 4% match and no vestingHotel and Food and Beverage Discounts and PerksAn Equal Opportunity Employer : We provide equal opportunity without regard to race, color, national origin, religion, sex, age, marital status, or disability.#J-18808-Ljbffr
