VP of Business Development

Unclassified - Lexington, KY

Full-time - Senior

Lexington, KY

About the position

Tandem Hospitality is seeking a Vice President of Business Development to facilitate the evaluation and business planning of Tandem's growth initiatives for new hotel management contracts within the US. This influential role will specifically focus on market and competitive business research, feasibility analysis, financial and capital investment analysis, and executive-level presentation development and communications. The Vice President will play a critical role in shaping the strategic direction of the company by identifying new business opportunities and ensuring that the organization is well-positioned to capitalize on them. This position requires a deep understanding of the hospitality industry, strong analytical skills, and the ability to communicate complex ideas effectively to senior leadership and stakeholders. The ideal candidate will have a proven track record in business growth, expansion, and development, with at least 10 years of experience in corporate growth strategy, consulting, and financial planning. The role will involve building and managing investment analyses and financial models, supporting real estate site selection and evaluation, and developing presentations that communicate insights and recommendations to key stakeholders. Additionally, the Vice President will be responsible for researching and monitoring the competitive environment and industry trends, conducting due diligence, and fostering key relationships across the hospitality industry to support long-term growth initiatives.

Responsibilities

• New ventures, business line development and expansion support
• Build, manage and oversee investment analyses and financial models with a focus on the valuation of new business lines.
• Support real estate site selection, evaluation, diligence, negotiation, and transaction documentation activities.
• Develop presentations on business growth opportunities to effectively communicate analytical support, insights, and recommendations to key business stakeholders and senior executive leadership.
• Research and monitor competitive environment, industry trends, and perform due diligence.
• Conduct research on a variety of business topics, industry and economic trends, and business models and transactions.
• Develop and foster key relationships across the hospitality industry with the focus on building cross-functional expertise and gaining alignment on new initiatives and strategies in support of cohesive long-term growth.
• Build, develop and continuously improve new and existing business evaluation tools, models, processes, and templates.

Requirements

• Bachelor's degree in finance, Business, Marketing, Economics, or other related field required.
• Master's degree in business or equivalent is strongly preferred.
• 10+ years of experience in business growth, expansion and development, corporate growth strategy, consulting, financial and capital investment planning and analysis.
• Experience in the hospitality/tourism industry preferred.
• Excellent organization and time management skills.
• Strong oral and written communication skills with history of producing executive presentations, research briefs, and business plans.