Overview
The Analyst, Investments will receive extensive on-the-job training and work as integral part of the Investment/Business Development team in the areas of hotel acquisitions, disposition process, and 3rd party business development. The Junior Analyst, Investments will participate in portfolio management matters that include: monitoring and evaluating investment performance, liaising with professional advisors, interacting with Principals, and participating in strategy meetings.
Responsibilities
Supports market due diligence and underwriting program for potential acquisitions and 3rd party management opportunities; conducts, analyzes and summarizes research of market related to demand drivers, transactional trends, and target asset competitive set.
· Drafts internal/external communications, memos and presentations with high levels of professional institutional quality as directed.
· Assists in updating and building advanced Excel models and reports that evaluate investment opportunity, fundamental economic/industry outlook, and currently owned/operated assets.
· Performs ad-hoc requests for investment community, industry and portfolio-related data and research
· Maintains a level of knowledge of current portfolio operating performance and resourcefully incorporates it into the underwriting process to enhance accuracy.
· Conducts ongoing research of the hotel industry to detect market trends and related information for analysis in defining investment strategies. Draws conclusions and makes recommendations based upon analysis.
· Responsible for assembly and documentation of exhibits and supporting materials for transactional documents.
· Assists with maintaining and organizing various databases and resources pivotal to the Investment group.
· Drafts all initial inputs in the investment analysis and business plan for review and approval.
· Participates in discussions in strategic meetings to discuss investment initiatives and pipeline.
· Performs any other job related duties as assigned.
Qualifications
Education and Experience
· Bachelor’s Degree required, ideally with a focus on hospitality real estate.
· 1 year of experience in investment, financial banking or real estate.
· Proven outstanding work and/or academic track record with a demonstrated history of achievement.
· Some exposure to hospitality real estate investment, consulting experience in development, feasibility, hospitality operations, or similar roles (prior job or internships) is preferred.
Knowledge, Skills and Abilities
· Proven quantitative skills (e.g., economics, mathematics, etc.) with strong problem solving skills with demonstrated ability to take initiative and critically analyze processes and procedures in a push toward constant improvement
· Knowledge of hotel operating metrics and performance capabilities.
· Knowledge of major markets and ability to study then diagnose current supply/demand situation in these markets.
· Proven ability to participate as a team player with other department members and key executives.
· Proven ability to provide constructive feedback to all key contacts within the department.
WORKING CONDITIONS
Occasional travel is limited throughout the US (<10% of time); job requires working nights and weekends when necessary.