Senior Vice President of Business Development
InnVentures IVI LP, Dallas, TX, US, 75215
Duration: Full Time
Senior Vice President of Business Development
Join the team at InnVentures IVI LP, a high?growth operator of select service and extended?stay hotels with a rich history of partnership with Marriott, Hilton, Hyatt and IHG. Since 1982, InnVentures has managed exceptional properties across the United States and has earned Marriotts coveted "Partnership Circle" award multiple times, underscoring our commitment to quality and excellence.
InnVentures is expanding its development team to accelerate strategic growth across its broader portfolio. The Senior Vice President of Business Development will be a deal?maker who sources and secures hotel management opportunities, builds relationships with owners, developers, brokers, lenders and investors, and drives the execution of acquisition and management projects.
Responsibilities
- Aggressively source and secure hotel management opportunities that align with InnVentures strategic growth plan.
- Leverage and continuously expand a robust network of developers, brokers, lenders, brand development teams, and investors.
- Lead negotiations, proforma underwriting, due diligence, and management contract structuring.
- Conduct market, financial, and feasibility analyses to support business?plan recommendations and investment strategies.
- Present opportunities to Senior Leadership and build alignment across key stakeholders.
- Partner cross?functionally with Operations, Finance, Revenue, Sales & Marketing, HR, and Legal to ensure seamless management contract advancement.
- Maintain expert awareness of market trends, development pipelines, capital conditions, zoning, and competitive landscapes.
Qualifications
- 1015+ years of progressive hospitality business development or real?estate investment experience.
- Demonstrated success in sourcing management opportunities and closing deals.
- 35+ years in a senior leadership capacity, ideally within select?service, lifestyle, or growth?driven hospitality environments.
- Strong financial and analytical acumen, including underwriting, valuation, modeling, and ROI analysis.
- Exceptional relationship?building, negotiation, influencing, and communication skills.
- A competitive, entrepreneurial mindset that thrives in a growth?driven, performance?oriented culture.
- Bachelors degree required; advanced degree preferred.
- Ability to travel up to 50%.
Seniority level: Executive. Employment type: Full?time. Job function: Business Development and Sales. Industry: Hospitality.
Location and Compensation: Irving, TX Salary range $196,248$250,000 in accordance with company policy.
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