SUMMARY OF POSITION:

The Vice President of Acquisitions reports to the EVP, Acquisitions & Development/Chief Investment Officer and is responsible for a broad range of acquisition and disposition functions. The Vice President will play a key role in aggressively pursuing hotel investments for the organization.

KEY RESPONSIBILITIES:

• Work with the CIO to formulate investment theses and source investment opportunities.
• Constantly network and communicate to maintain close ties with top tier brokers, owner representatives, brands, etc. to optimize deal flow.
• Build internal consensus and persuasively present opportunities to the investment commitee for approval.
• Communicate and work effectively with all executives across all corporate initiatives.
• Play a key role in communication with investors as it pertains to development initiatives.
• Prepare investment analysis for hotel acquisitions including market research prepartion of pro forma operating statements and analyze hotel operating statements.
• Oversee primary field work and market research process to prepare market assessment and investment for review for investors and executive team.
• Supervise and train junior associates in data collection, analysis and preparation of reports.
• Assist in the development of forecasts and budgets for operations and capital expenditures.
• Develop "what if" financial forecast models, competitive benchmarking and index positioning analysis. 
• Other duties as assigned.

EDUCATION/EXPERIENCE:·        

Minimum ten years extensive experience in real estate development and transactions

Knowledge of hotel industry preferred

BS in finance or related field 

REQUIRED SKILLS:

Knowledge of major US and international lodging markets

Proven ability to present to investors, ownership groups, and high-level executives

Strong negotiation skills

Proven ability to work as a team player as well as the ability to work independently

Excellent financial analysis skills

Excellent verbal and written communication skills