Director- Hotel Development

Responsibilities & Context

Context : This role involves identifying new development opportunities, overseeing the acquisition and construction of new properties, and ensuring projects align with the company's strategic goals.

Job Responsibilities :

Develop and implement the hotel development strategy in line with the company’s goals.

Identify and evaluate potential development sites and acquisition targets.

Conduct market research and feasibility studies to assess project viability.

Oversee the entire development process from site selection to hotel opening.

Manage project timelines, budgets, and resources effectively.

Coordinate with architects, contractors, and other stakeholders to ensure timely and within-budget project completion.

Prepare and manage the development budget.

Conduct financial analyses and forecasts to support investment decisions.

Ensure projects meet financial performance metrics and return on investment targets.

Develop and maintain relationships with investors, developers, local authorities, and other key stakeholders.

Negotiate terms and agreements with partners and vendors.

Represent the company at industry events and networking opportunities.

Ensure all development activities comply with local, state, and federal regulations.

Oversee the permitting and licensing processes.

Manage environmental impact assessments and sustainability initiatives.

Lead, mentor, and develop the hotel development team.

Foster a collaborative and high-performance culture.

Provide training and development opportunities to team members.