Vice President of Business Development at Arlo Hotels - Quadrum Hospitality Group LLC | NY, US | Rezi

Vice President of Business Development at Arlo Hotels - Quadrum Hospitality Group LLC

Vice President of Business Development

Arlo Hotels - Quadrum Hospitality Group LLC · NY, US

1 months ago

Vice President of Business Development

Arlo Hotels - Quadrum Hospitality Group LLC · NY, US

2 months ago
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About the Role

Arlo Hotels, an independent lifestyle hotel, is seeking a dynamic Vice President / Head of Development to lead corporate development, foster brand awareness, and execute new brand and management agreements to meet development goals.

Responsibilities

  • Manage and coordinate the creation of Arlo Hotels’ collateral and material to accelerate development goals.
  • Initiate and manage new development leads and owner or 3rd party relationships.
  • Serve as a contact for prospective owner/developer and project coordinator during deal evaluation and negotiation.
  • Manage and coordinate with internal teams (sales, marketing, design, business intelligence) to highlight competitive advantages, inform on important KPIs, and assist with client communication or pitches.
  • Collaborate with marketing and hotel operations teams.
  • Identify and track Arlo’s key competition in various markets.
  • Monitor new development activity in key markets.
  • Direct and review feasibility analysis for potential sites and markets.
  • Lead deal structure for prospective development opportunities.
  • Lead overall review and direction of pro-forma to ensure alignment.
  • Promote company products and services at tradeshows, conferences, and meetings.
  • Develop strategies and plans to target key business segments.
  • Track market activities and business trends.
  • Identify areas for improvement and create programs to address gaps.
  • Maintain positive and supportive relationships with the Arlo Hotels team.
  • Strategize and establish brand-wide business development initiatives.
  • Provide advice and counsel to executive management on brand and management terms.
  • Continuously evaluate hotels' involvement in marketing and awareness campaigns for the owner/developer community.
  • Set goals, align performance and incentives, manage performance issues, and hold the team accountable for results.
  • Provide leadership to drive productivity and performance with timely execution of assignments.
  • Prepare pre-trip and post-trip reporting for travel and business development activities.
  • Participate in weekly and monthly meetings.
  • Develop, implement, and execute quarterly action plans to impact awareness, target accounts, and develop new business opportunities.
  • Maintain positive relations and high visibility in relative business organizations (e.g., Eastdil, HVS, LWHA, RobertDouglas, HotelAVE).

Requirements

  • University or college degree or equivalent work experience.
  • 8+ years of experience in hotel business development.
  • Computer proficiency with Microsoft Office and other communications software.
  • Hotel systems experience including STR, CoStar.
  • Proven record of originating and executing hotel deals throughout North America.
  • Strong financial acumen and ability to evaluate hotel operating pro-forma while initiating, forming, and maintaining development leads.
  • Prior experience working for a lifestyle hotel brand, owner, and/or operator.
  • Self-starter with self-leadership skills.
  • Ability to collaborate with strong interpersonal skills.
  • Willingness to embrace and put forth new, creative ideas.
  • Ability to multi-task and work in a fast-paced environment.

Experience Level

  • 8+ years

Education Level

  • University or college degree or equivalent work experience

Salary/Compensations

  • $215,000 per annum

About the Company

  • Arlo Hotels is an independent lifestyle hotel.