Vice President, Global Development

3 weeks ago

Bethesda, United States Bethesda Marriott Full time
Job Number 24075672
Job Category Development & Feasibility
Location Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States VIEW ON MAP
Schedule Full-Time
Located Remotely? N
Relocation? Y
Position Type Management
Job Summary

The addition of new units is a principal driver of Marriott’s earnings growth strategy and an important element in maintaining and advancing the quality and brand equity of Marriott International. We often pursue Development transactions that do not fit exactly in our model or demand substantial time commitments. We also pursue M&A opportunities, and the timing of these transactions are unpredictable. The Vice President of Global Development will be a versatile resource available to pursue a variety of transactions as a critical part of the global development team. These types of transactions will require a close partnership with the continental development teams and the global finance organization.

Business Context: Expected Contributions - Essential Job Functions

The Vice President of Global Development will identify and pursue M&A and new business opportunities, and coordinate a multidisciplinary team involved in the review, approval, and finalization of unique development opportunities. Success in the position demands a driving focus on creation of shareholder value and earnings, as well as a passion to champion new business opportunities that build brand equity and help drive customer preference.Key Accountabilities

Review and analyze potential M&A deals, large affiliation opportunities, and expansion of Marriott International’s business lines beyond its current portfolio. Partner with the continent teams to identify additional growth opportunities. Evaluate new business partnership opportunities with MI’s enterprise partnership group. Manage aspects of the deal process internal to Marriott International, including site inspections, requesting feasibility studies and valuations, and gathering input from various subject matter experts in technology, loyalty, distribution, etc. Prepare memorandums and present opportunities for approval to the appropriate Marriott committees. In tandem with Marriott's Law Department, negotiate terms and conditions of management agreements, purchase, joint venture, franchise or other agreements with owner/owner's representatives. Ensure that agreement terms and conditions are acceptable to Marriott operating and staff executives. Work with Marriott's Treasury and Project Finance departments to maximize returns on Marriott International investments in hotel projects. As requested, participate in the resolution of workout situations. Perform other duties as assigned.  Candidate Profile ExperienceSeven to ten years of real estate development, finance, or investment experience with at least five years of hotel industry experience. Ability to effectively structure and negotiate complex transactions, handle multiple projects on short timetables, and manage staff resources efficiently and effectively. Excellent interpersonal skills and capability of building lasting relationships – both internally within Marriott and externally within the hospitality industry – and “selling” Marriott International’s brands to third parties. An ability to think strategically, critically, and analytically, while maintaining an enthusiastic, energetic, proactive outlook and approach to professional life. Mature, professional demeanor, capable of expressing confident, independent judgment. Strong contact base and excellent reputation in the hotel investment and development sector. Familiarity with capital markets a plus.

Personal Competencies (Knowledge, Skills, Abilities and Other Attributes)

Must have a broad business view; sharp business acumen. Must have excellent communication, coaching, mentoring, negotiation, and mediation skills. Fosters relationships and a positive climate to build effective teams that are committed to organizational goals and initiatives; fosters teamwork and is a corporate-minded team player. Must be a self-starter who can work independently and be a strong team player that contributes to the effectiveness of the broader Development team. Translates business needs into what needs to get done; solves problems and monitors the progress; maintains high performance standards. Develops and maintains effective relationships with both internal and external stakeholders, influences with and without direct authority. Actively pursues learning and self-development to enhance personal, professional and business growth, shares learning. Education And CertificationBachelor’s Degree or equivalent in Real Estate, Hotel Administration or Business; MBA or other advanced degree preferred.

Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.

Marriott International is the world’s largest hotel company, with more brands, more hotels and more opportunities for associates to grow and succeed. Be where you can do your best work,​ Begin your purpose, Belong to an amazing global​ team, and Become the best version of you.

Source: Hospitality Online

  • Vice President, Global Development

    4 weeks ago

    Bethesda, Maryland, United States Bethesda Marriott Full time

    Job Number Job Category Development & FeasibilityLocation Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States VIEW ON MAPSchedule Full-TimeLocated Remotely? NRelocation? YPosition Type ManagementJob SummaryThe addition of new units is a principal driver of Marriott's earnings growth strategy and an important element in...

  • Vice President of Operations

    4 weeks ago

    Bethesda, United States Houghton Search Group, Inc Full time

    Vice President of Operations - InsuranceWe are currently seeking a P&C professional with commercial lines, personal lines, or a life insurance background to take on the role of Vice President of Operations for a well-known Top 20 WDC regional insurance broker. The successful candidate will be responsible for integrating all organizational functions across...

  • Vice President of Operations

    4 weeks ago

    Bethesda, United States Houghton Search Group, Inc Full time

    Vice President of Operations - InsuranceWe are currently seeking a P&C professional with commercial lines, personal lines, or a life insurance background to take on the role of Vice President of Operations for a well-known Top 20 WDC regional insurance broker. The successful candidate will be responsible for integrating all organizational functions across...

  • Vice President of Operations

    2 weeks ago

    Bethesda, United States Houghton Search Group, Inc Full time

    Vice President of Operations - InsuranceWe are currently seeking a P&C professional with commercial lines, personal lines, or a life insurance background to take on the role of Vice President of Operations for a well-known Top 20 WDC regional insurance broker. The successful candidate will be responsible for integrating all organizational functions across...

  • Senior Vice President

    2 days ago

    Bethesda, Maryland, United States HMSHost Full time

    With a career at HMSHost, you really benefit We offer: Health, dental and vision insurance Generous paid time off (vacation, flex or sick) Holiday pay 401(k) retirement plan with company match Company paid life insurance Tuition reimbursement Free parking and onsite fitness center Wellbeing Support Program Training and exciting career growth opportunities...

  • Senior Vice President

    2 days ago

    Bethesda, Maryland, United States HMSHost Full time

    With a career at HMSHost, you really benefit We offer: Health, dental and vision insurance Generous paid time off (vacation, flex or sick) Holiday pay 401(k) retirement plan with company match Company paid life insurance Tuition reimbursement Free parking and onsite fitness center Wellbeing Support Program Training and exciting career growth opportunities...

  • Senior Vice President

    21 hours ago

    Bethesda, United States HMSHost Full time

    With a career at HMSHost, you really benefit! We offer: Health, dental and vision insurance Generous paid time off (vacation, flex or sick) Holiday pay 401(k) retirement plan with company match Company paid life insurance Tuition reimbursement Free parking and onsite fitness center Wellbeing Support Program Training and exciting career growth...

  • Senior Vice President

    18 hours ago

    Bethesda, United States HMSHost Full time

    With a career at HMSHost, you really benefit! We offer: Health, dental and vision insurance Generous paid time off (vacation, flex or sick) Holiday pay 401(k) retirement plan with company match Company paid life insurance Tuition reimbursement Free parking and onsite fitness center Wellbeing Support Program Training and exciting career growth...

  • Vice President

    1 month ago

    Bethesda, Maryland, United States Bethesda Marriott Full time

    Job Number Job Category LegalLocation Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States VIEW ON MAPSchedule Full-TimeLocated Remotely? NRelocation? NPosition Type ManagementPosition SummaryMarriott International is a global lodging and hospitality company based in Bethesda, Maryland. Marriott's Law Department provides legal...

  • Vice President, Global Compensation

    1 week ago

    Bethesda, United States Bethesda Marriott Full time

    Job Number 24076740Job Category Human ResourcesLocation Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States VIEW ON MAPSchedule Full-TimeLocated Remotely? YRelocation? NPosition Type ManagementWith a leading portfolio of brands that spans a presence in more than 139 countries, continued growth of its Marriott Bonvoy loyalty...

  • Vice President, Global Compensation

    1 week ago

    Bethesda, Maryland, United States Bethesda Marriott Full time

    Job Number Job Category Human ResourcesLocation Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States VIEW ON MAPSchedule Full-TimeLocated Remotely? YRelocation? NPosition Type ManagementWith a leading portfolio of brands that spans a presence in more than 139 countries, continued growth of its Marriott Bonvoy loyalty program...

  • Vice President, Finance

    1 week ago

    Bethesda, United States Dairy Farmers of America Full time

    Dairy Farmers of America Vice President, Finance Santa Ana , California Apply Now Provide oversight and management of all accounting and related financial operations for multiple significant and/or complex areas; this includes multiple accounting functions including but not limited to general accounting, accounts receivable/payable, cost accounting,...

  • Vice President, HR Operations

    7 hours ago

    North Bethesda, United States Xometry Full time

    Job DescriptionJob DescriptionXometry (NASDAQ: XMTR) powers the industries of today and tomorrow by connecting the people with big ideas to the manufacturers who can bring them to life. Xometry's digital marketplace gives manufacturers the critical resources they need to grow their business while also making it easy for buyers at Fortune 1000 companies...

  • Senior Vice President of Sales, Supplier Services

    16 hours ago

    North Bethesda, United States Xometry Full time

    Job DescriptionJob DescriptionXometry (NASDAQ: XMTR) powers the industries of today and tomorrow by connecting the people with big ideas to the manufacturers who can bring them to life. Xometry's digital marketplace gives manufacturers the critical resources they need to grow their business while also making it easy for buyers at Fortune 1000 companies...

  • Vice President, Software Engineering

    15 hours ago

    North Bethesda, United States Xometry Full time

    Job DescriptionJob DescriptionXometry (NASDAQ: XMTR) powers the industries of today and tomorrow by connecting the people with big ideas to the manufacturers who can bring them to life. Xometry's digital marketplace gives manufacturers the critical resources they need to grow their business while also making it easy for buyers at Fortune 1000 companies...

  • Vice President, Cybersecurity Operations

    2 days ago

    Bethesda, Maryland, United States Bethesda Marriott Full time

    Job Number Job Category Information TechnologyLocation Marriott International HQ, 7750 Wisconsin Avenue, Bethesda, Maryland, United States VIEW ON MAPSchedule Full-TimeLocated Remotely? NRelocation? NPosition Type ManagementWe are seeking a Vice President of Cybersecurity Operations leading a global security effort. This VP will build strong partnerships and...

  • Executive Assistant to SVPs

    6 days ago

    Bethesda, United States EB5 Capital Full time

    Job DescriptionJob DescriptionJob SummaryEB5 Capital is searching for an Executive Assistant who will be responsible for providing administrative and personal support to five (5) Senior Vice Presidents and the President of the company. The Executive Assistant helps the senior staff stay productive by taking care of basic and personal tasks, which frees up...

  • Executive Assistant to SVPs and President

    5 days ago

    Bethesda, United States EB5 Capital Full time

    Company DescriptionFounded in 2008, EB5 Capital is an industry-leading investment company that specializes in raising foreign capital for real estate development projects across the United States. We partner with investors and developers to facilitate capital investment in exciting projects that help revitalize communities, create jobs, and ensure successful...

  • Executive Assistant to SVPs and President

    6 days ago

    Bethesda, United States EB5 Capital Full time

    Company DescriptionFounded in 2008, EB5 Capital is an industry-leading investment company that specializes in raising foreign capital for real estate development projects across the United States. We partner with investors and developers to facilitate capital investment in exciting projects that help revitalize communities, create jobs, and ensure successful...

  • Vice President

    3 weeks ago

    Bethesda, United States Corporate Full time

    Job Number Job Category LegalLocation Marriott International HQ, 0 Wisconsin Avenue, Bethesda, Maryland, United States VIEW ON MAPSchedule Full-TimeLocated Remotely? NRelocation? NPosition Type Management Position SummaryMarriott International is a global lodging and hospitality company based in Bethesda, Maryland. Marriott’s Law Department provides legal...