Senior Analyst / Associate - Hotel Investments
Description of Position
The Senior Analyst / Associate will work closely with all members of the Investments team – assisting in analysis and underwriting – including asset selection, deal negotiation, pro-forma modeling, deal presentations, due diligence and market research.
The Senior Analyst / Associate will gain firsthand knowledge of the inner workings of a hotel real estate private equity company and touch upon all aspects of hotel ownership in the entire asset cycle – from acquisition through a property's ongoing asset management and disposition.
Primary Responsibilities:
Assist in the development of detailed pro-forma models to analyze potential hotel investment opportunities
Analyze fund and deal level returns, creating value-add scenarios and ROI analyses
Support the due diligence process for potential transactions including analyzing competitive properties, reviewing market supply/demand fundamentals, analyzing financials, sales and revenue and various other reports
Assist with hotel disposition, including evaluating potential disposition strategies and timeline, collecting diligence materials, and coordinating with buyer and broker
Assist in the development and on-going management of a proprietary business intelligence platform – source data by working directly with hotel brokers, operators and data providers to source accurate hotel performance and pricing data, create dynamic dashboards and reporting tools
Maintain an internal company acquisitions pipeline report and CRM, monitoring all potential acquisitions and communication with brokers, lenders and equity partners
Assist in creating and updating budgets for hotel development projects and property improvement plans
Conduct market research to identify potential target markets for new hotel investments
Provide general support to Excel Group team, including special and ad-hoc projects
Reporting Relationship
The Senior Analyst / Associate will report to senior members of the Investments team including the Founder & Principal and Senior Associate.
Professional/Personal Qualifications
The desired candidate will have:
A bachelor’s degree in hotel administration, finance, business, or related field
1-3 years of experience in the hospitality industry, specifically focused in hotel ownership (REIT/private equity group), hotel consulting/appraisals, or hotel operations analytics
Expertise in real estate finance and an understanding of hotel investments, finance, operations, forecasting, marketing, strategic planning, & budgeting
Strong Excel modelling skills with a high degree of comfort creating hotel underwritings, ROI analyses, valuations, return analyses and custom models for special purposes
A reputation as a thorough, detail-oriented self-starter, who can work with multiple demands and changing priorities
Excellent written and oral communication skills
A sense of urgency, a strong work ethic, and the ability to excel in a fast-paced entrepreneurial, flat, non-bureaucratic organization
A problem solver who foresees and identifies issues, gathers facts, weighs alternatives, and proposes solutions in an innovative and resourceful manner
Quick learner, with good listening skills and the desire to ask questions and learn from mistakes
Recognition as a person of the highest integrity and ethical grounding
Compensation
Base salary and incentives will be commensurate with experience.
Contact
Please submit your resume / CV to apply@excelgp.com