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Vice President, US Luxury Hotels and Mixed-Use Development
Job Overview
Employment Type
Full-time
Compensation
Salary
Range $177,000.00 - $310,300.00
Work Schedule
Standard Hours
Flexible
Benefits
Medical insurance
Dental Insurance
Vision Insurance
401(k) Plan
stock purchase plan
Paid parental leave
educational assistance
Job Description
Marriott International is the world's largest hotel company, renowned for its extensive portfolio of brands and properties that span the globe. Headquartered in Bethesda, Maryland, Marriott International is a leader in the hospitality industry, consistently driving growth through innovation, exceptional guest experiences, and strategic development initiatives. The company’s commitment to diversity, inclusion, and employee growth creates an empowering and supportive environment where associates can thrive and succeed. Marriott’s extensive network of luxury hotels and branded residences not only expands its market presence but also enhances the quality and brand equity of its lodging system. This culture of excellence, combined with... Show More
Job Requirements
- Bachelor’s degree or equivalent in real estate, hotel administration or business
- Fifteen or more years of real estate development, hotel and/or residential industry experience
- At least seven years of hotel development or related experience
- Ability to travel frequently to site visits and meetings
- Excellent negotiation and communication skills
- Proficiency in underwriting and financial analysis
- Capacity to work collaboratively with legal, finance, and operational teams
- Willingness to participate in public hearings and regulatory processes
Job Qualifications
- Bachelor’s degree in real estate, hotel administration, or business
- Fifteen or more years of real estate, hotel, and residential industry experience
- At least seven years of hotel development or related experience
- Preferred MBA or advanced degree
- Strong negotiation and deal structuring skills
- Proven ability to build and maintain strategic relationships
- Knowledge of hospitality industry standards and market analysis
Job Duties
- Review and analyze potential luxury hotel and residential development opportunities
- Travel to site visits, owner meetings, and lodging conferences
- Oversee internal development processes including site inspections and feasibility studies
- Manage underwriting process for residential projects and present for approval
- Negotiate agreements including management, licensing, and development contracts with owners and legal department
- Provide risk management guidance and review shared services and rental agreements
- Collaborate with treasury and project finance to maximize investment returns
- Assist owners in identifying and securing financing
- Attend public hearings and regulatory meetings for project approvals
- Share leads for other Marriott brand opportunities
- Participate in resolution of workout situations
- Track competitive market landscape and brand positioning
Job Criteria
Experience
Expert Level (7+ years)
Job Location
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