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Vice President of Capital Projects

Posted November 23, 2022

HHM
Philadelphia, PA
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About This Job

Overview

Opportunity:  Vice President of Capital Projects

HHM Hotels & Resorts is seeking a highly skilled professional to join a stable, dynamic and fast growing hospitality company that routinely oversees major renovations and repositioning projects, from coast to coast, across its portfolio of 235 managed hotels.

This individual must have meaningful experience leading an internal team of project managers across large and small hotel renovation projects. Further, they should have a background in building and leading processes relevant to timely reporting around costs, schedules, cash balances, and bank draws relevant to serving the needs of sophisticated institutional hotel owners and their asset managers.  This individual must also have experience leading an external team of professional consultants (architects, engineers, general contractors, designers, purchasing/commissioning agents, cost estimators, lawyers, etc). 

Potential Career Path

Senior Vice President of Capital Projects

Essential Job Functions

  • Lead a team of 3-5 internal or external project managers working across a dozen or more projects that are in various stages of estimating, planning, or execution.
  • Evaluate, estimate, budget, schedule and lead project management (including property improvement plans) for sizable renovations across our portfolio of managed hotels.
  • Prepare estimates for potential projects and hotels in consideration by our acquisition and development teams.
  • Prepare budgets, timelines, Requests for Proposal, and detailed information on cost and budget tracking for owners, asset managers, lenders and hotel general managers.
  • Work closely with owners, general managers, general contractors, designers, and the various types of professional consultants outlined above.
  • Source, procure, and lead project architects and other consultants in the design of active, planned or potential projects.
  • Source, qualify, engage and manage general contractors and other third party consultants and vendors required to execute such projects.
  • Negotiate final contract terms with consultants.
  • Prepare and monitor detailed timelines, potential displacement, and overall project development schedule.
  • Monitor the preparation of construction documents/contracts and related change orders and scope variations.
  • Coordinate the quantity surveyor preparing the construction budget.
  • Update the financial model for the project to reflect costing and/or program changes.
  • Coordinate the bidding and contracting process for general contractors or a construction manager.
  • Monitor construction progress and quality on behalf of our clients.
  • Coordinate with various asset management and operations teams to fully understand and define the scope of work of prospective projects.
  • Interview, select, train, schedule, coach and support associates, ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values. 
  • Follow sustainability guidelines and practices related to HHM’s EarthView program.
  • Perform other duties as requested by management.

Position Requirements

  • Strong preference for hospitality and related industry experience.
  • A Degree in Architecture, Engineering or Construction Management is required, in addition to professional training in project scheduling and business software applications.
  • Management Training or professional development courses in Management, preferred.
  • Customer service oriented, technically savvy and able to create a sense or urgency around making decisions and related communication to stakeholders.
  • Ability to manage complex and highly confidential information.
  • Excellent social skills, able to operate with diplomacy, tact and empathy.
  • Ability to think proactively and laterally to maximize opportunities to promote the work of the organization.
  • Comfortable when working to tight deadlines, and able to turn work around within a short time span where demands are liable to change at short notice.
  • At least 10 years of previous experience managing several direct reports, highly preferred.
  • Ability to Utilize STR reports, P&L's and balance sheets to develop supportable projections and displacement analysis.
  • Mastery of Excel and project management software is critical.

Work Environment and Context.

  • Requires travel to sites that are under construction. 
  • Includes travel to hotel locations throughout the country.
  • Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard.

What We Believe

People Are Our Capability – Hearts That Serve – Only Excellence – Stay Nimble - Own It

About Us

HHM is proud to be an equal opportunity employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status or any other group protected by law.

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About this Employer

HHM

510 Walnut Street, 9th Floor
Philadelphia, PA 19106

(215) 238-1046

Management Company

www.hhmhospitality.com

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About the company

HHM, also known as Hersha Hospitality Management, is an industry-leading hotel management, investment and development firm. HHM provides turn-key management, asset management or receivership solutions for 106 hotels in 19 states, including more than 20 full service hotels and 24 independents.

Join the Legacy of Happiness

It is no coincidence that Hersha means “happy” in ancient Sanskrit. HHM’s rapid growth, focus on associate development and its commitment to serve guests, our associates and the local communities we work in, can make any hospitality career seeker happy.

The Legacy of HHM Happiness

The legacy of happiness symbolizes how HHM was built, namely on a strong foundation of core values: honesty, communication, community, personal growth and achievement. These values combined with a passion to serve others and a respect for every associate’s unique and valuable contributions is what makes us so successful. If you share our values and passion, HHM may be the place for you.

CAREER DEVELOPMENT

As HHM continues to stretch its properties across the country, we know our success is achieved through the collective and individual contributions of all associates. They are the heart and soul of our business and our ultimate goal is to maintain a culture of happiness in which our values are embedded and career development is encouraged. 

HALF OF THE GENERAL MANAGERS AT OUR
TOP 20 HOTELS HAVE BEEN PROMOTED
FROM WITHIN HHM.

Personal success is individually defined by each associate. HHM supports an individual’s desire to stretch professionally. We provide opportunities across various hotel brands, locations and job functions. As we grow, you grow.

At HHM, we are proud to employ some of the best in the industry.