Vice President Of Business Development

About Us:

Coury Hospitality is a premier hospitality group dedicated to delivering unparalleled experiences in the upper upscale and luxury lifestyle hotel sector. With a commitment to excellence, innovation, and guest satisfaction, we have established a reputation for creating exceptional destinations that redefine hospitality standards.

Job Overview:

We are seeking a highly motivated and results-drivenVice President of Business Developmentto lead our strategic expansion efforts across the United States. The ideal candidate will play a pivotal role in identifying and securing new business opportunities, cultivating strategic partnerships, and driving revenue growth for our portfolio of upper upscale and luxury lifestyle hotels.

Responsibilities:

1. Market Analysis and Opportunity Identification:

• Conduct thorough market research to identify potential growth areas and emerging trends in the upper upscale and luxury lifestyle hotel segment.
• Evaluate market conditions, competitive landscape, and consumer preferences to inform Business Development strategies.

2. Strategic Planning:

• Develop and execute comprehensive Business Development plans aligned with the company's growth objectives.
• Collaborate with the executive team to define target markets, key performance indicators, and financial goals.

3. New Business Acquisition:

• Identify and pursue new business opportunities, including management contracts, acquisitions, and development projects.
• Build and maintain relationships with property owners, investors, and other key stakeholders.

4. Partnership Development:

• Establish and nurture strategic partnerships with industry influencers, real estate developers, and other key players in the hospitality sector.
• Negotiate and finalize partnership agreements to enhance the company's brand presence and market share.

5. Financial Analysis and Due Diligence:

• Conduct financial analyses and feasibility studies for potential projects, ensuring alignment with the company's financial objectives.
• Lead due diligence efforts for new opportunities, assessing risks and opportunities to inform decision-making.

6. Cross-Functional Collaboration:

• Collaborate with internal teams, including operations, marketing, and finance, to ensure seamless integration and successful execution of Business Development initiatives.
• Provide leadership and guidance to cross-functional teams working on development projects.

7. Reporting and Performance Metrics:

• Develop and implement reporting mechanisms to track and communicate the progress of Business Development activities.
• Analyze performance metrics and adjust strategies as needed to achieve business objectives.

If you are a dynamic and visionary leader with a passion for driving growth in the luxury hospitality sector, we invite you to join our team and contribute to the continued success of Coury Hospitality. Apply now to be part of an exciting journey in shaping the future of luxury hospitality.

• Bachelor's degree in Business Administration, Hotel Management, or a related field.
• Proven track record of successful Business Development in the hospitality industry, specifically within upper upscale and luxury lifestyle hotels.
• Extensive knowledge of hotel operations, real estate development, and market dynamics.
• Strong analytical and financial modeling skills.
• Exceptional negotiation and communication skills.
• Ability to think strategically, make data-driven decisions, and drive results in a dynamic environment.
• Demonstrated leadership experience in managing high-performing teams.
• Willingness to travel as needed.