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Vice President Hotel Development Jobs (NOW HIRING)

The Michaels Organization

VP Development

Camden, NJ · On-site

$170K - $190K/yr

The Vice President of Development works closely with the regional development team and home office, taking responsibility for the acquisition, financing, and development of affordable housing ...

The Michaels Organization

VP Development

Camden, NJ · Hybrid

The Vice President of Development works closely with the regional development team and home office, taking responsibility for the acquisition, financing, and development of affordable housing ...

Ucf

Associate Vice President, Development

Orlando, FL · On-site

Associate Vice President, Central Advancement Responsibilities: Leadership and Oversight of Development Teams: * Provides strategic leadership and direct supervision for a group of Assistant Vice ...

VP Management

Maintenance Hazard Hotel

Hazard, KY · On-site

$17 - $21.75/hr

Hazard Hotel is seeking a full-time Maintenance Technician to join our team. As a member of our ... In addition, VP Management offers a comprehensive benefits package including medical, dental, and ...

VP Management

Maintenance Hazard Hotel

Hazard, KY

$17 - $21.75/hr

Hazard Hotel is seeking a full-time Maintenance Technician to join our team. As a member of our ... VP Management offers a comprehensive benefits package including medical, dental, and vision ...

OTO Development

VP Business Analytics

Spartanburg, SC · On-site +1

Shape the Decisions That Drive a Growing Hospitality Leader OTO Development owns and manages a ... hotels in key markets across the United States-and the data behind that growth lives here at our ...

VP Management

Maintenance Hazard Hotel

Hazard, KY

$17 - $21.75/hr

Hazard Hotel is seeking a full-time Maintenance Technician to join our team. As a member of our ... In addition, VP Management offers a comprehensive benefits package including medical, dental, and ...

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All JobsVice President Hotel Development Jobs

Vice President Hotel Development information

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$65.5K

$147.4K

$246.5K

How much do vice president hotel development jobs pay per year?

As of Jul 1, 2026, the average yearly pay for vice president hotel development in the United States is $147,428.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,000.00 and $175,500.00 per year, depending on experience, location, and employer.

What are the typical responsibilities of a Vice President Hotel Development?

A Vice President Hotel Development is responsible for identifying and evaluating new hotel opportunities, managing due diligence processes, negotiating deals, and overseeing project execution from concept through opening. This role involves collaborating closely with teams in investment, design, construction, operations, and legal to ensure each project aligns with brand objectives and budget expectations. You will regularly interact with external partners, such as property owners, investors, and government agencies, to navigate regulatory and market challenges. The position offers a fast-paced, strategic work environment with significant opportunities for career progression as you help shape a company's growth.

What is a Vice President Hotel Development job?

A Vice President of Hotel Development is responsible for overseeing the growth and expansion strategy of a hotel brand or company. They identify new market opportunities, negotiate deals, and collaborate with stakeholders on property acquisitions, conversions, or new constructions. The role requires expertise in real estate, finance, and hospitality operations to ensure profitable and strategic expansion. Additionally, they work closely with investors, developers, and executive teams to align development projects with company goals.

What are the key skills and qualifications needed to thrive in the Vice President Hotel Development position, and why are they important?

To excel as a Vice President Hotel Development, you need extensive experience in hospitality management, real estate development, financial analysis, and a relevant degree such as a bachelor's or master's in business, hospitality, or a related field. Familiarity with project management software, financial modeling tools, and industry-specific platforms like STR or hotel property management systems is often required. Exceptional negotiation, leadership, and relationship-building skills distinguish top performers in this role. These abilities are crucial for overseeing complex projects, aligning cross-functional teams, and driving the successful expansion of hotel portfolios.

What cities are hiring for Vice President Hotel Development jobs? Cities with the most Vice President Hotel Development job openings:
What are the most commonly searched types of Hotel Development jobs? The most popular types of Hotel Development jobs are:
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Vice President Hotel Development jobs near you
Infographic showing various Vice President Hotel Development job openings in the United States as of June 2026, with employment types broken down into 2% Internship, 8% As Needed, 54% Full Time, 4% Part Time, and 32% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $147,428 per year, or $70.9 per hour.
VP Development

VP Development

The Michaels Organization

Camden, NJ • On-site

$170K - $190K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 20 days ago

Key responsibilities

  • Oversee and coordinate the development of affordable housing and workforce development projects, including predevelopment due diligence and project management.

  • Collaborate with partners, agencies, funders, and internal teams to identify development opportunities, craft conceptual designs, and advance projects through feasibility analysis, budgeting, and scheduling.

  • Review and negotiate development-related agreements, manage consultant contracts and billing, and ensure effective reporting and project timeline maintenance through construction and lease-up.

The Michaels Organization rating

7.9

Company rating: 7.9 out of 10

Based on 30 frontline employees who took The Breakroom Quiz

56th of 156 rated real estate companies

Job description

Overview
The Michaels Organization is a national leader in residential real estate offering full-service capabilities in development, property management, construction, and investment. At Michaels, our teammates strive to fulfill our promise of creating communities that lift lives - ones that jumpstart housing, education, civic engagement, and neighborhood prosperity. With this passion at the forefront of our business, Michaels teammates can be proud to be a part of the extraordinary, every day.
The Vice President of Development works closely with the regional development team and home office, taking responsibility for the acquisition, financing, and development of affordable housing communities. The position will be responsible for all predevelopment due diligence associated with each project and will be supported by development, finance, design, legal and construction professionals, as well as administrative platforms.
Responsibilities
  • This person will be responsible for the direct oversight and coordination of affordable housing and workforce development efforts
  • The VP will support the Regional Vice President in the early stages of the development process including business development, community relations and building partnerships.
  • The role will entail collaborating with partners, agencies, and funders to identify development opportunities that align with the development strategy set forth by the President of Michaels Residential.
  • The VP of Development will oversee responses to RFI/RFQ/RFP's (for City, PHA, county, or nonprofit owned land) as well as review development opportunities from teammates and/or potential partners, and deliver new deal intake forms for consideration by the New Deal Committee.
  • The VP of Development will coordinate the general contractor, attorneys, appraisers, surveyors, "green" consultants, environmental consultants, auditors and other development professionals to advance development projects. This person will be expected to work collaboratively with Michaels' exclusive 3rd-party architecture and planning, firm, as well as engineering and associated design professionals, to craft conceptual designs and secure other consultant feedback needed to identify and develop a plan to address zoning, flood plains, wetlands, brownfields and other existing conditions of a potential project site
  • In collaboration with the Transactions team, this person will collect and provide all project info needed to prepare project feasibility analyses, predevelopment budget, and milestone schedule and make recommendations to the senior leadership team for advancing projects
  • The VP of Development will be responsible for creating and presenting project materials necessary to secure Michaels Investment Committee ("IC") approval for project acceptance to proceed and approval of predevelopment funds. They will also be expected to deliver any requisite follow up information/meetings required by IC after initial approval
  • Along with Project Accountant, this person will continue to manage consultant contracts, and approve billing of consultant invoices through predevelopment and during the construction draw process
  • This person will also maintain the project timeline and ensure appropriate reporting of any foreseen delays
  • Takes the lead on all aspects of the development process overseeing development team members including overall project design, entitlements, permitting, construction, finance, lease up, sale, compliance, etc. hosting regular project meetings that they lead through closing, and participate, at least weekly, during construction and lease up
  • Coordinates review and input from partner agencies and internal constituents such as Property/Asset Management and Finance teams at appropriate milestones and appropriately influences the development process.
  • Reviews and negotiates terms and conditions for various development-related agreements with project attorneys, including but not limited to architect and general contractor contracts, other contractor/consultant contracts, funder loan/equity documents, etc.
  • Collaborates with internal partners related to construction administration activities, including: monitoring construction progress and quality, coordinating funder contributions, administering the development budget and coordinating contractor payments.
  • Ensures effective support and performance of Michaels property management and lease-up on development projects.
  • Researches best model housing development practices and makes recommendations to senior leadership team on incorporation of the same.
  • Actively participates in conferences, workshops and trainings geared toward improving the employees' and organization's effectiveness and quality of work. Participation includes presenting material to internal and external audiences.
  • Develops strong working relationships with other Michaels Organization companies and functions.
  • Travel Percentage: Up to 40% (varies based on status of each project VP is overseeing).

Qualifications
Required Experience:
  • Five to seven years of real estate project finance, project management, or quantitative finance experience.
  • Preference for candidates that have worked for real estate developers or experience with underwriting and closing practices of land/buildings and financing in multifamily affordable housing.

Required Education/Training:
  • An undergraduate degree is required; studies in business, urban planning/community development, public administration finance, accounting, economics, or real estate preferred.
  • An advanced degree (e.g., MBA or Masters in Real Estate or City Planning) is highly desirable, but not required.

Required Skills and Abilities:
  • Experienced with Low Income Housing Tax Credits (LIHTC) and other national, state and local affordable and workforce-housing debt, grant and subsidy programs.
  • Extensive knowledge of capital markets and equity programs including pre-development funding, tax credit equity, permanent debt programs and principal participants in affordable housing capital markets.
  • This person possesses a natural ability to research the market and fully understand how to identify development projects and partnership opportunities.
  • Knowledge of the geographic market and targeted expansion markets; including competitors, key staff at housing agencies and programs, key consultants, experienced designers, reputable contractors, and demographic and employer trends.
  • Excellent project management and development process skills including - creating project plans; coordinating projects; communicating changes and progress; completing projects on time and budget; managing project team activities; organizing or scheduling interns and their tasks; developing realistic action plans.
  • Technical Skills -knowledge of architectural and engineering drawings, site planning, architectural design, government entitlements such as zoning, construction techniques, real estate law, and negotiations.
  • Should be a dynamic, self-starter who is inspired by new, exciting development activity with a growing company
  • Proficiency in technical writing, regular reporting, and Microsoft Office/Adobe Acrobat programs
  • Have excellent inter-personal skills and networking abilities

Salary Range Information:
The range displayed on each job posting reflects the targeted base salary for the position. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.
Rewards & Benefits:
We know Michaels' promise of lifting lives starts with our teammates, so making sure every single teammate is happy, healthy, and set up for a successful future is important to us. As part of our team, you will enjoy a competitive wage, a comprehensive benefit package which includes Medical, Dental, Vision, prescription, etc., generous paid time off, a 401 (k) plan with a company match, and so much more. We believe in education - and in taking care of our own - so as an added incentive your children will be able to apply for the Michaels Employee Scholarship Program.
  • Help make the world a better place in a team-oriented environment.
  • Grow with our organization through various professional development opportunities.
  • Collaborate and thrive in a company culture where all are welcome

Michaels teammates make a difference in the lives of residents, colleagues, and the communities where we live and work every day. To learn more about the total rewards we offer please visit our website.
Come join our team. You're going to love it here!
Salary Range
$170,000- $190,000 Annually

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