Vice President, Acquisitions & Development
Hyatt International (EAME) LLC
Peter Penev is Vice President of Acquisitions & Development for Hyatt Hotel Corporation. Mr. Penev is responsible for sourcing, evaluating and negotiating acquisitions and management contracts for all Hyatt brands in the Middle East and Africa. Prior joining the transactional side of the business, Mr. Penev worked for six years as Director of Feasibility and Development Finance for Hyatt Hotel Corporation. He was responsible for underwriting new development deals, acquisitions and dispositions in Europe, Africa and the Middle East. Prior to joining the team in Europe, Mr. Penev spent four years in Chicago and was instrumental in the underwriting of all Select Service deals from the launch of Hyatt Place and Hyatt House brands in North America. Before joining Hyatt, Mr. Penev worked for Fairmont Hotels & Resorts in various roles with increasing responsibility, with focus on operational analysis and hotel finance.
Mr. Penev received a bachelor’s degree from Cornell University, School of Hotel Administration with a focus in Real Estate and Finance. He is a member of the SHA Dean’s Young Alumni Advisory Council and past President of the Cornell Hotel Society Chicago Chapter.