Job Description
Vice President Business Acquistion Providence Hospitality Partners - 3.3 Denver, CO Job Details Full-time $120,000 - $180,000 a year 7 hours ago Benefits Health savings account Health insurance Dental insurance 401(k) Flexible spending account Vision insurance Life insurance Qualifications Hospitality Financial model construction Presentation software Underwriting Financial model development Word processing Client relationship development Business development Bachelor's degree Stakeholder relationship building Full Job Description
SEEKING EXPERIENCED, PROVEN VPBD, ABLE TO SECURE NEW MANEGEMENT CONTRACTS ON THE EAST COAST.
Who We Are Providence Hospitality Partners is a collection of experienced, successful and highly motivated individuals, who have come together to create a hotel company which reflects their core beliefs and encourages them to succeed in an environment which honors a balance between professional achievement and personal well-being. Providence is an award-winning operator of every major brand in the industry and has successfully operated independent hotels and resorts on a Nationwide basis. PHP was founded more than 20 years ago and has managed all types and sizes of properties coast to coast. We are an approved provider for all major brands and are very proud of our independant hotels as well. We believe first and foremost this is a relationship driven business and seek solid, long-term opportunities with credible partners. Job Overview Lead the Providence Hospitality Partners Business Development effort in acquiring new Hotel Management Agreements (contracts) to achieve clearly defined strategic growth objectives. The position reports directly to the CEO. Essential Functions Source and qualify leads for new Hotel Management Contracts in strategic markets Negotiate and secure management contracts from lead generation and issuance of proposal to signing of the HMA Prepare customized proposals by utilizing "Deck" presentations Build and maintain strong relationships with Hotel Investors, Owners, Private Equity Groups, Brand Executives, Hotel Brokers, Consulting Firms, Asset Managers and Professional Firms Prepare and present Proformas and develop Return on Investment Analysis Develop a quarterly action plan and budget required to achieve our stated growth objectives Attend strategic Hospitality Industry events C. Qualifications:
"Must Haves" Minimum of five years of experience, with a proven ability to secure Hotel Management Agreement (HMA) Growth Goals Knowledge of hospitality and hotel real estate markets, including operations, debt/equity structures Strong understanding of financial analysis, underwriting acquisitions, and proficiency with financial modeling Interest in working as part of a small and growing company, with awareness about the opportunities and challenges that come with a highly adaptive environment Active listener, with exceptional written and verbal communication skills. Strong creativity and critical thinking abilities A results focused self-starter, with drive to achieve stated growth goals. Be a curious individual, ready to take calculated risks towards promoting company's goals and ideals Ability to grow and maintain relationship with any individual, irrespective of the background and type of personality High level of personal integrity and accountability Highly organized and detail-oriented, with the ability to keep multiple projects and client engagements active at once. o Comfort with ambiguity and ability to navigate uncertainty Solid knowledge of Excel, Word, and Power Point Desire to work in a fast paced, entrepreneurial environment. Strong enough mentally to work under pressure and without complaint Up to 50% travel required Bachelor's Degree in Sales, Business, Hotel Management, Finance, or related field of study. MBA is viewed favorably but not required Compensation and Benefits:
The salary range for this position is negotiable but generally between $_120,000_ - $ 160,000_ in base pay, with final base pay offering based on experience and proven ability. In addition to base pay, the position will reward the candidate with realized deal-based incentives as a % of contracted revenue for the first __3__ years of any new and finalized contract. Benefits include access to medical, dental, vision and life insurance as well HSA / FSA, 401
(k). Vacation, sick time, hotel discounts and other ancillary benefits offered annually Providence Hospitality Partners is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state, or local laws. Providence Hospitality Partners makes hiring decisions based solely on qualifications, merit, and business needs at the time. If you need assistance in completing the application, please contact the company at .
