Vice President of Buisness Development

Become Part of the TPG Hotels, Resorts & Marina Team……

TPG Hotels, Resorts & Marinas is widely recognized as one of the nation's premier hotel management companies. We are a national operator of hospitality assets across the entire chain scale, from focused-service hotels and lifestyle/resort properties to upper upscale luxury hotels and nautically based hospitality assets. Whether an investment partner or straight third-party operator, we are always operating on behalf of capital partners, and our role as entrusted stewards is to deliver top performance for our guests, investors and to fulfill the brand promise. Joining the Team gives you a rewarding career opportunity with a nationally ranked hospitality management company that focuses on customer satisfaction and personal growth. We pride ourselves in continually seeking motivated team members who believe guest service is the top priority.

TPG is seeking a highly accomplished deal maker with extensive experience in hotel business development to fill the role of Vice President of Business Development and oversee business development efforts including acquisitions, new development deals, and third-party management deals. We want a someone with deep hotel sales experience that is a salesperson (not a consultant). You will be compensated on your sales results.

Job Overview:

The Vice President (VP) of Business Development role will include forming strategic alliances, negotiating partnerships and significantly growing the TPG hotel portfolio through incremental and individual industry relationships. This individual will also be responsible and capable of complex independent financial modeling and analysis processes for potential deals, existing hotels, and other investor / corporate entity needs.

Key Responsibilities

• # 1 responsibility is to bring a network work of relationships, knowledge, & experience as a third party hotel management company.

• Primary focus on third party management growth as a Top Hotel Management company in the United States with experience of third party management in 40 states.
• Contact capital partners, servicers, & lenders for acquisition, joint venture and management opportunities
• Contact REITs for joint venture (JV), management, leasehold, off-market acquisition opportunities
• Make contact with the various franchisors for management, acquisition, and new development opportunities, both value add and stabilized assets
• Raise equity for ownership/investment opportunities
• Seek debt capital providers for potential deals
• Generate incremental fee income through the following sources: Management Fees, Financing Fees, Acquisition/Development Fees, Consulting Fees, Development Fees, Purchasing & Project Management Fees, Food & Beverage Consulting Fees
• Maximize the return on investment of any/all equity investments
• Expand our ability to own, JV, and manage hotels
• Modeling and financial analysis of due diligence information to include but not limited to detailed financials, STR Reports, PIP, QA, GSS, and Market Data

What You Bring

• We are looking for strong experienced salesperson who has experience/relationships with Multi-Unit Developers, Independent Hotel Operators/Owners, & hotel management experience.
• Minimum of five years' experience working as 3rd party hotel management salesperson, franchise sales/development, or hospitality consulting background.
• Minimum of two years' experience as a Vice President, or a proven Director ready for the next step.
• Bachelor's Degree (B. A.) from a four-year college or university preferred.
• Strong business acumen with excellent analytical and financial skills.
• Established relationships with a network of hotel industry professionals.
• Ability to travel extensively.

Benefits:

Benefits for Full Time employees may include:

• Health, Dental and Vision Insurances
• Disability Insurances
• Supplemental Life Insurances
• Identity Theft Protection
• Flexible Spending Accounts
• 401(k) Retirement Plan with Company Match
• Paid Time Off, Vacation and Holidays
• Employee Assistance Program
• AMAZING HOTEL DISCOUNTS to any property in the TPG portfolio and MUCH MORE!

EEO/VET/DISABLED