Development & Acquisitions Manager
4 months ago
**We Put the World on Vacation**: At Travel + Leisure Co., our mission is simple: to put the world on vacation. Our Vacation Ownership business line includes Club Wyndham, WorldMark by Wyndham, Margaritaville Vacation Club, Accor Vacation Club and the brand new Sports Illustrated Resorts. Our more than 19,000 associates put the world on vacation at more than 270 vacation club resort locations across the globe. Innovation and growth keep our work interesting and fun. Every day is a chance to learn something new and turn vacation inspiration into exceptional experiences for millions of travelers worldwide.
**POSITION REPORTS TO**:
SVP - Operations
**KEY RELATIONSHIPS**:
- Operations Leadership Team
- Singapore corporate office team members
- Vendors, supplies and procurement teams
- Executive Management & Executive Assistant team
- Visitors, guests and business associates
**PRIMARY OBJECTIVES**:
The Development and Acquisitions Manager will be instrumental in identifying, analyzing, and securing new hotel development and acquisition opportunities. This role demands a proactive individual with exceptional networking skills, strong analytical abilities, and extensive knowledge of the hotel industry.
**PRINCIPAL RESPONSIBILITIES: (Include but not limited to:)**
Networking and Relationship Building:
- Cultivate and maintain relationships with key stakeholders including property owners, brokers, investors, and industry professionals.
- Represent the company at industry events, conferences, and networking opportunities to expand our reach and identify potential deals.
- Develop strategic partnerships to enhance growth opportunities.
- Commands attention and inspires confidence through verbal and non-verbal communication skills.
- Projects enthusiasm, energy, and positivity, creating a dynamic and engaging atmosphere.
- Builds and maintains a strong personal brand that resonates with target audiences, enhancing credibility and trustworthiness.
Analytical Excellence:
- Conduct thorough market research and feasibility studies to identify viable hotel development and acquisition opportunities.
- Analyze financial models, investment returns, and risk assessments to support decision-making processes.
- Prepare detailed reports and presentations for senior management and investors.
Hotel Industry Acumen:
- Utilize deep knowledge of the hotel market, trends, and competitive landscape to inform strategy and decision-making.
- Oversee due diligence processes, including site visits, property evaluations, and contract negotiations.
- Collaborate with internal teams such as finance, legal, and operations to ensure seamless project execution.
**KEY POSITION CRITERIA**:
- Strong understanding of Hotel & Resorts operations
- Experience in hotel development, acquisitions, or related roles
- Proven track record of successful deal-making and project management in the hospitality sector
- Strong network within the hotel industry and related fields
- Exceptional analytical and financial modeling skills
- Excellent communication, negotiation, and presentation abilities
- Ability to thrive in a fast-paced, results-oriented environment
- Exceptional organizational ability
- Exceptional attention to detail
- Advanced skills in MSWord, MS Excel and MS Powerpoint
- Broad networking and strong ability to build relations
- Excellent time management, organization & presentation skills
- Experience in working in an environment of negotiating management and real estate acquisition desirable
- Strong oral and written communication skills and the ability to work autonomously
- A team player, willing to be flexible in tasks and hours worked as the role and deadlines require.
**Where Memories Start with You**:
Hospitality is at the heart of all we do at Travel + Leisure Co. Here, you’ll find an inclusive environment where we deliver excellence and take time to have fun, celebrate together, and support one another. We're always looking ahead to what’s next and how we can strengthen our business, its neighboring communities, and the customer experience. Join our global team and build a career where memories start with you.
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