Senior Vice President of Business Development - (Remote role)
Concord Hospitality Enterprises
Raleigh, NC
Raleigh, NC
Description
Concord Hospitality is seeking a Senior Vice President of Business Development. The Senior Vice President of Business Development (SVP-BD) will expand our Business Development Team to drive new hotel development and third-party acquisition opportunities. This 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.
Responsibilities:
- Source and secure new hotel third party management opportunities, development projects and acquisition opportunities.
- Lead deal pursuit, including business strategy and deal negotiations.
- Build and maintain strong relationships with hotel owners, developers, investors and key industry partners.
- Collaborate cross-functionally with legal, finance, development and operations teams to ensure alignment on project execution.
Qualifications:
- 10+ years experience in business development and feasibility roles.
- Experience cultivating institutional equity relationships.
- Deep experience in underwriting, financial feasibility studies and market analysis.
- Extensive knowledge of hotel operations, real estate and the hospitality investment landscape.
- Demonstrated success identifying and closing hotel development and third-party management deals.
- Outstanding relationship management and communication skills with proven success in owner and investor relations.
- Executive-level leadership experience with growth focused mindset.
Benefits of Working for Concord Hospitality
We offer competitive wages. Full-time 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 balance, diversity, and our commitment to provide the best customer service and quality accommodations 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 ---
Inspire greatness in your team
Encourage and support team members to reach their full potential
Create a work environment that is a Great Place to Work for ALL
Lead with integrity, transparency, respect, and professionalism
Care for your team, and their families
We are Concord!
”We support diversity and inclusion through our mission to be a “Great Place to Work for All."
Pay Range: $242,000- $275,000
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Concord Hospitality Enterprises
Management Company
Careers and Hospitality Job Opportunities with Concord
Concord Hospitality Enterprises Company is an award-winning hotel management and development company. Through the combined efforts of over 4,200 hard working and focused associates, Concord offers a unique blend of entrepreneurship, seasoned experience, innovation and technical excellence. These elements create a company equipped to produce above-standard returns, market sustainability and a partnership well worth investing in.
Since Concord's inception in 1985, our success has been guided by our cornerstones: Quality, Integrity, Community, Profitability and Fun. These cornerstones are the indispensible and fundamental basis of our daily actions. Our commitment to these cornerstones has led us to be recognized as the respected hospitality company that we are.
Concord is one of North America's largest hotel management and hotel development companies. Concord's passion for success has resulted in over twenty years of proven results as a hotel owner, manager, and developer of mid market and first class hotel properties. Concord's goal is to create value for its partners and associates by leveraging its operations, development, sales & marketing, technology, accounting, and management skills over its growing portfolio of first-class business hotels.
Concord has experienced sustained growth of a remarkable 35% annually for three years in a row and with over half a billion in new hotel projects in the pipeline, that number is projected to increase noticeably. Additionally, Concord is expanding its portfolio through third party management contracts with leading brand partners such as Marriott, Hilton, Starwood, Choice and Intercontinental Hotels. These growth opportunities have presented themselves to Concord based on our strong relationships with investment partners.