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Vice President Development - North America

Company Description

Minor Hotels is an international hotel owner, operator and investor with a portfolio of more than 560 hotels in operation. Minor Hotels passionately explores new possibilities in hospitality with a diverse portfolio of properties designed intelligently to appeal to different kinds of travellers, serving new passions as well as personal needs. Through our Anantara, Avani, Oaks, Elewana, Tivoli, NH Hotel Group, and Minor International properties, across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and South America.

Job Description

We are looking for a Head of Development – North America to drive the strategic expansion of Minor Hotels' multi-brand portfolio into key U.S., Caribbean and North American markets. The role will be responsible for identifying, evaluating, and executing hotel development opportunities, including new builds, conversions, management contracts, and strategic partnerships.

Success in this role will require you to have deep industry relationships, strong financial acumen, and a sharp understanding of market dynamics to secure high-quality deals that align with our growth and commercial strategy. You will work closely with ownership groups, investors, and internal stakeholders to structure and negotiate development agreements that fuel our ambitious expansion.

Reporting to our Chief Development & Luxury Officer (Based in Bangkok), this is a pivotal role in our North American growth strategy. With fast-paced expansion plans and significant investment in the region, this is an exceptional opportunity for a driven, strategic leader to be given a lot of responsibility and autonomy to make a lasting impact and grow with the company.
 

Key Responsibilities will include:

Development Strategy

  • Contribute to the ongoing evolution of Minor Hotels' North American development strategy through market intelligence, competitor benchmarking, and trend analysis.
  • Identify target markets, prime conversion opportunities, and high-potential ownership groups/partners aligned with the company’s growth objectives.

Deal Sourcing & Assessment

  • Evaluate potential hotel development opportunities through in-depth market research, feasibility studies, and competitive analysis.
  • Conduct financial modeling and due diligence, preparing financial projections and risk assessments to determine the viability of each deal.
  • Maintain strong industry relationships with hotel owners, investors, consultants, and international operators to stay informed on market trends and opportunities.

Deal Structuring & Negotiation

  • Prepare and structure commercial proposals, including MOUs, term sheets, and financial models, ensuring alignment with Minor Hotels' development framework.
  • Develop compelling pitch documents, RFP responses, and owner presentations, collaborating with key internal teams.
  • Lead and participate in live deal presentations and negotiations, articulating the value of Minor Hotels' brands and operating models.

Internal Alignment & Approvals

  • Coordinate cross-functionally with internal stakeholders (Technical Services, Operations, Commercial, and Finance) to ensure deals align with business objectives.
  • Present proposed deals with comprehensive financial and strategic analysis to secure internal approvals from senior leadership.

Asset Management Support

  • Provide financial projections and strategic input for ongoing asset management needs, ensuring optimal performance of existing management contracts.
  • Act as a liaison between ownership groups and internal teams for contractual and operational matters.

Qualifications

 

Professional Competencies:

  • Experience
    • 10+ years of experience in real estate development, with at least 5 years in a senior leadership role within the hospitality or hotel industry.
    • Proven track record and deep understanding of development and delivering large-scale hotel development projects from concept to completion.

 

  • Commercial Awareness
    • Strong understanding of the hospitality industry, investment landscape, and competitive market trends.
    • Able to connect industry insights to business strategy.

 

  • Financial Acumen
    • Skilled in hotel investment analysis, financial modeling, and return-on-investment assessments.
    • Proficiency in Microsoft Excel for financial projections is essential.

 

  • Presentation & Communication
    • Capable of developing visually compelling, high-impact presentations in Microsoft PowerPoint.
    • Able to present ideas with clarity and confidence.

 

  • Project Management
    • Highly organized, with the ability to manage multiple projects simultaneously, prioritize tasks effectively, and meet tight deadlines.

 

Personal & Interpersonal Competencies

  • Self-Driven & Impact-Oriented
    • Takes ownership of work, proactively seeks solutions, and is committed to delivering high-quality outcomes.

 

  • Relationship Building & Stakeholder Management
    • Comfortable engaging with owners, consultants, hotel GMs, and internal teams, adapting to different cultures and personalities.
    • Able to handle complex situations with diplomacy and professionalism.

 

  • Communication & Influence
    • Able to communicate key messages clearly, concisely, and persuasively.
    • Uses data, logical reasoning, and strong presentation skills to influence decision-makers.

 

  • Collaboration & Teamwork
    • Works effectively with colleagues across departments, fostering a cooperative and goal-oriented environment.

 

  • Entrepreneurial Mindset
    • Thinks strategically and innovatively, identifying new opportunities and presenting ideas with confidence.

Languages:  Native level English.  Spanish a plus.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Minor International Glassdoor Company Review
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CEO of Minor International
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William Ellwood Heinecke
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Average salary estimate

$175000 / YEARLY (est.)
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$150000K
$200000K

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What You Should Know About Vice President Development - North America, Minor International

Are you an experienced leader in hospitality development looking for an exciting new opportunity? Minor Hotels is on the lookout for a Vice President Development - North America to spearhead our expansion into key U.S., Caribbean, and North American markets. In this pivotal remote role, you will drive our multi-brand portfolio growth by identifying and evaluating exciting hotel development opportunities, including new builds and strategic partnerships. Your expertise in market dynamics and deep industry relationships will empower you to secure high-quality deals that align with our commercial strategy. You'll be working closely with various stakeholders, from ownership groups and investors to our internal teams, ensuring that every deal you negotiate complements our goals. This position also provides a fantastic chance for you to use your financial acumen, conducting rigorous feasibility studies and preparing impactful presentations that showcase Minor Hotels' commitment to excellence. Reporting to the Chief Development & Luxury Officer based in Bangkok, this role offers a blend of responsibility and autonomy to shape our strategic future. If you're a driven, strategic thinker with a passion for making a difference in the hospitality industry, we want to hear from you!

Frequently Asked Questions (FAQs) for Vice President Development - North America Role at Minor International
What are the key responsibilities of the Vice President Development - North America at Minor Hotels?

The Vice President Development - North America at Minor Hotels is responsible for driving hotel expansion in core North American markets through strategic deal sourcing, evaluation, and negotiations. The role includes identifying potential markets and ownership groups, conducting financial modeling and market analysis, and collaborating with internal stakeholders to ensure alignment with the company’s strategic objectives.

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What qualifications are required for the Vice President Development - North America position at Minor Hotels?

Candidates for the Vice President Development - North America position at Minor Hotels should have over 10 years of experience in real estate development, particularly within the hospitality industry. A minimum of 5 years in a leadership role is essential, alongside a strong understanding of market dynamics, financial acumen, and excellent communication skills.

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How does the Vice President Development - North America contribute to Minor Hotels' growth strategy?

The Vice President Development - North America plays a critical role in shaping Minor Hotels' growth strategy by leveraging market intelligence, identifying prime development opportunities, and maintaining industry relationships. This strategic position involves active participation in high-stakes negotiations and ensuring that development deals align with the company's long-term goals.

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What skills are essential for success as the Vice President Development - North America at Minor Hotels?

Success as the Vice President Development - North America at Minor Hotels requires strong financial acumen, exceptional negotiation skills, and the ability to conduct thorough market research. Additionally, excellent project management abilities and the capacity to foster relationships with stakeholders at all levels are crucial.

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What can a candidate expect from a career with Minor Hotels as Vice President Development - North America?

A career with Minor Hotels as Vice President Development - North America is filled with opportunities for impactful work and professional growth. The role offers autonomy in shaping development strategies and the chance to lead ambitious expansion initiatives alongside a collaborative team dedicated to excellence in hospitality.

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Common Interview Questions for Vice President Development - North America
What strategies would you use to identify potential hotel development markets?

To identify potential hotel development markets, I would analyze market data, conduct competitor benchmarking, and assess local trends. Establishing relationships with local stakeholders and utilizing tools like SWOT analysis can guide informed decisions for development opportunities.

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How do you approach financial modeling and due diligence in hotel development?

My approach to financial modeling involves building comprehensive models that assess a project's profitability under various scenarios. I also perform detailed due diligence by gathering relevant data, analyzing risk factors, and ensuring adherence to both financial and operational benchmarks.

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Can you describe a successful negotiation you led in your previous roles?

In my previous role, I successfully negotiated a joint venture agreement with a key investor by understanding their objectives while ensuring alignment with our company goals. This involved presenting tailored financial models and value propositions that addressed both parties’ concerns, resulting in a welcomed partnership.

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How do you ensure alignment with internal stakeholders in development projects?

I prioritize clear communication and collaborative planning with internal stakeholders through regular updates and meetings. By involving them early in the process and addressing their concerns regularly, I ensure that our development projects align with broader business objectives.

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What trends do you see impacting the hospitality industry in the next few years?

I see a growing focus on sustainability, technological advancements in guest experiences, and rising demands for personalized services within the hospitality industry. Adapting to these trends will be essential for successful hotel development and operations.

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How do you assess the viability of a hotel development project?

I assess viability by conducting comprehensive market analysis, feasibility studies, and financial modeling. I also consider location, market demand, competitive forces, and alignment with our overall growth strategy to determine whether a project is worth pursuing.

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What is your experience with project management in hotel development?

I have extensive experience managing large-scale hotel development projects, coordinating between various teams to ensure timelines and budgets are adhered to. My organizational skills allow me to multitask effectively while keeping a clear vision of project goals.

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How would you handle stakeholder conflicts during negotiations?

Handling stakeholder conflicts requires listening actively to all parties’ concerns, identifying common ground, and facilitating open discussions. I focus on finding mutually beneficial solutions while maintaining a professional demeanor to ensure productive negotiations.

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What role does market intelligence play in your development strategy?

Market intelligence is vital as it provides insights into emerging opportunities, competitor actions, and evolving consumer trends. I leverage this data to inform our development strategy, ensuring that our decisions are driven by evidence and sound analysis.

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How do you maintain industry relationships to benefit hotel development initiatives?

I actively maintain industry relationships through networking, attending conferences, and engaging with key stakeholders in discussions about market trends. Regularly updating my contacts and sharing insights helps me foster trust and collaboration, essential for successful development initiatives.

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At Minor Hotels, passion is our foundation. Passion for performance. Passion for innovation. Passion for serving our guests, passion for relationships with our partners. Because we believe that only when you begin with passion can you achieve perf...

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Full-time, remote
DATE POSTED
April 6, 2025

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