Vice President, US Luxury Hotels and Mixed-Use Development

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 a dedication to ethical business practices and sustainable development, places Marriott International at the forefront of the global hospitality industry.

The position of Vice President of Development at Marriott International plays a pivotal role in the company’s luxury growth strategy. This full-time management role, based at Marriott International’s headquarters in Bethesda, Maryland, offers a competitive annual salary ranging from $177,000 to $310,300, along with eligibility for bonuses and a comprehensive stock package. The Vice President of Development is responsible for the identification and acquisition of new luxury hotel and residential development opportunities. This includes structuring complex deals, negotiating contracts, and fostering strong relationships with hotel owners and developers to successfully close transactions.

Key responsibilities involve reviewing and analyzing potential new-builds, conversions, and acquisitions, ensuring alignment with Marriott’s luxury brand standards. The role requires extensive travel to site visits, owner meetings, and industry conferences to represent the luxury development team effectively. The Vice President also oversees internal development processes, from conducting feasibility studies and market valuations to presenting opportunities for approval by Marriott’s executive committees. This position involves managing the underwriting process for residential projects, collaborating with Marriott’s legal, treasury, and project finance departments, and assisting owners and developers in securing financing. Additionally, the role includes attending public hearings and regulatory meetings to facilitate project approvals.

This leadership position demands a seasoned professional with at least fifteen years of real estate development or hotel and residential industry experience, including seven years in hotel development. A bachelor’s degree in Real Estate, Hotel Administration, or Business is required, with an MBA or another advanced degree preferred. Marriott International values expertise in deal negotiation, risk management, and market analysis, as well as the ability to build and maintain strategic partnerships. The company’s emphasis on a people-first culture, diversity, and inclusion ensures that the Vice President of Development will be part of a dynamic team that supports professional growth and excellence.

In addition to a competitive salary and bonuses, Marriott International offers a comprehensive benefits package, including medical, dental, and vision coverage, flexible spending accounts, life and disability insurance, paid parental leave, educational assistance, and childcare discounts. Employees also benefit from a 401(k) plan, stock purchase plans, commuter benefits, and discounts at Marriott properties. For Washington-based applicants, there is the added benefit of accruing paid sick leave and receiving a minimum of nine holidays annually. Marriott’s hybrid work environment promotes connectivity and flexibility, offering remote work options for candidates outside commuting distance to Bethesda, Maryland.

Overall, this role is ideal for a driven and experienced development professional eager to contribute to Marriott International’s luxury growth strategy while enjoying robust compensation, benefits, and a supportive, inclusive workplace culture.