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.
