Vice President, Business Development and Hotel Acquisitions
Compensation
$140k – $160k /yr
Employment type
Full-time
Work setting
On-site
Location
New York, NY
Schedule
Day shift
Posted
Travel
Required
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Job overview
The Vice President, Business Development and Hotel Acquisitions is an onsite, full-time role in New York, NY, with travel up to 50%. Compensation is $140,000–$160,000 annually, plus eligibility for an uncapped annual incentive bonus. The executive leads growth strategy for M&R Hotel Management across third-party hotel management, acquisitions, development, and strategic partnerships. The role originates and evaluates opportunities, leads underwriting and negotiations, and coordinates deal execution across functions. It also develops senior relationships with owners, investors, franchisors, lenders, and other stakeholders while guiding the business development team and operational handoffs.
What you'll do
- Own the enterprise business development strategy, growth plan, priority markets, and pipeline objectives.
- Originate hotel management, acquisition, development, and conversion opportunities.
- Direct hotel financial analysis and underwriting, present recommendations to executives, lead transaction negotiations and due diligence, and maintain owner, investor, franchisor, and lender relationships.
- Manage pipeline reporting and the business development budget, develop team members, and lead operational handoffs after agreements are executed.
What we're looking for
- Skills & competencies
- vice presidentbusiness developmenthotel acquisitionshospitalityhotel managementgrowth strategyunderwritingtransactionsnew york nym&r hotel management$140k–$160kup to 50% travel
- Work arrangement
- Weekend coverage required
Benefits & perks
- Eligible for a generous annual uncapped incentive bonus aligned with established performance targets.
Why this role
The role combines hotel management growth, acquisitions, development, investment analysis, transaction leadership, and executive team management; travel may reach 50%.
About the employer
M&R Hotel Management is hiring for this role. Industry: Hotels (except Casino Hotels) and Motels. Sector: 72.
Additional details
- Industry sector
- 72
- Industry
- Hotels (except Casino Hotels) and Motels
- Occupation code
- 11-2022.00
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Listing ID: 570c3fa1-1ffd-4d0d-a7a9-ee7ec4602165