Associate- Asset Management (Hospitality)
JuniorOn-site (Reston)Salary undisclosed
Job Description
Job Overview
The Associate, Hospitality acts as the primary representative for ownership, providing strategic oversight of third-party managed hotel assets. This role is responsible for maximizing the financial performance and long-term value of the hospitality portfolio. The individual will manage the relationship with third-party operators, lead financial underwriting for potential transactions, and coordinate joint venture relationships. By blending operational audit with high-level financial analysis, the Asset Manager ensures that each property aligns with ownership’s investment objectives and the company’s mission of delivering extraordinary experiences.
Key Responsibilities
- Manage relationship with third-party hotel operators
- Create financial models for potential transactions as part of the underwriting process
- Assist with and support joint venture relationships across all sectors
- Produce and assist with reporting as it relates to all assets, JVs, and budgeting process
- Assist with all aspects of transaction pursuit and due diligence including preparation of Investment Committee materials, due diligence coordination, and other activities
- Perform sensitivity analysis and discounted cash flow analysis
- Monitor and r
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