Director of Business Development Hospitality - Corporex Companies, Inc.

The role of the Director of Business Development is to identify, analyze and deliver hotel management contracts for quality assets.  We are interested in developing and growing our business by offering our services for professional hotel management to outside parties.  Additionally, we will grow through acquisition, development, and merchant build programs..  These opportunities will be developed from multiple sources, including institutional investors, banks, insurance companies, and equity funds, as well as individual owners and developers. 

The position requires existing relationships within the real estate and financial communities.  These relationships will be built upon and developed, in order to find opportunities.  A solid understanding of hotel markets and economics are also required.

Third Party Management

The Director of Business Development will identify opportunities for Corporex to offer professional hotel management to owners of quality assets.  Corporex has a solid track record of producing results both top line and bottom line.  Our consistent superior performance will provide value to owners and increase asset values.

Acquisition

We are seeking acquisition opportunities, with similar attributes, as found in managed hotels.  Corporex has historically been a long term owner of hotel assets.  We have deep relations with the major brands including:  Hilton, Marriott, and Starwood.  Our acquisition targets would ideally fit one of these brands, in the full service or select service sectors.

We are interested in development opportunities in prime locations.  For a development to be attractive in today’s environment, it must have compelling attributes, which could include location, entitlements, pricing, etc.  We have the ability to work these opportunities from the concept stage or pick up a stalled project for completion and operate it long term.

Merchant Build Program

Corporex, has previously developed, on a turnkey basis, hotels for a leading national brand.  Construction financing can be obtained privately, and the hotels developed and delivered on a turnkey basis with a takeout.  Such a program has many opportunities for those who wish to own new products, when market conditions rebound.