VP of Business Development

Unclassified - Lexington, KY

Full-time - Executive

Lexington, KY

101-250 employees

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. In this position, the Vice President will be responsible for new ventures, business line development, and expansion support. This includes building, managing, and overseeing investment analyses and financial models with a focus on the valuation of new business lines. The role will also involve supporting real estate site selection, evaluation, diligence, negotiation, and transaction documentation activities. The Vice President will develop presentations on business growth opportunities to effectively communicate analytical support, insights, and recommendations to key business stakeholders and senior executive leadership. Additionally, the Vice President will research and monitor the competitive environment, industry trends, and perform due diligence. Conducting research on a variety of business topics, industry and economic trends, and business models and transactions will be essential. The role requires developing and fostering key relationships across the hospitality industry, focusing on building cross-functional expertise and gaining alignment on new initiatives and strategies in support of cohesive long-term growth. The Vice President will also be tasked with building, developing, and continuously improving new and existing business evaluation tools, models, processes, and templates.

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