Associate, Strategy and Development

Loews Hotels, LLC.

New York (NY)

On-site

USD 100,000 - 125,000

Full time

14 days+

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Benefits offered by this job

Health & wellness benefits

401(k) company match

Paid time off

Tuition Reimbursement

Pet Insurance

Team Member Hotel Rates

Job summary

Loews Hotels, LLC. is seeking a highly motivated professional to join the Strategy & Development team in New York. This role supports investments in acquisitions and new hotel developments, performs strategic and quantitative analyses, and assists in corporate finance activities.

You will partner with senior executives and work across corporate strategy, divestitures, and other special projects. The role reports to the Senior Director, Strategy & Development and involves analyzing markets,

Qualifications

Undergraduate degree required.
1-3 years of relevant experience; prior investment banking preferred.
Financial modeling skill preferred.
Strong Microsoft Office skills: Excel, PowerPoint, Outlook, Word, and Teams.
Ability to effectively communicate, both verbally and in writing, with all levels of employees and guests in a professional manner.
Ability and willingness to travel approximately 10% of the time.

Responsibilities

Work with senior executives on major strategic decisions and special projects.
Develop compelling presentations to communicate strategic updates.
Analyze and track performance of properties and the Company.
Support communications with the Board of Directors and with Loews Corporation.
Evaluate new investment opportunities for Loews Hotels & Co.
Coordinate with partners and other key stakeholders.
Cover transactions from deal sourcing through execution, approval, and opening.
Analyze opportunities for debt financing at new hotel projects and for the existing portfolio.

Skills

Analytical thinking

Financial modeling

Strong communication

Organizational skills

Time management

Teamwork

Education

Undergraduate degree

Tools

Microsoft Office

Excel

PowerPoint

Outlook

Word

Teams

Job description

Headquartered in New York City, located in the heart of Midtown Manhattan, our Loews Hotels & Co Home Office teams support our properties throughout the United States. Our talented teams provide guidance over strategic planning, operations, revenue management, communications, sales, development, brand marketing, finance, human resources and information technology.

Who We Are

Founded in 1960, Loews Hotels & Co operates iconic hotels and resorts across the U.S. Together, our diverse and welcoming teams craft exceptional experiences in iconic destinations.

Growth and belonging start here; you'll be valued for who you are and the goals you have. Whether your next career chapter involves making memories for guests or supporting our properties in our Corporate Office, every role—from Guest Services to Finance, Culinary to IT—offers opportunities to grow and make a meaningful impact.

Creating a Team Member experience where you belong no matter what age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status that makes you, you is a daily focus for us.

What We Offer

Competitive health & wellness benefits, 401(k) & company match
Paid Sick Days, Vacation, and Holidays, Paid Bereavement, Paid Pet Bereavement
Training & Development opportunities, career growth
Tuition Reimbursement
Pet Insurance
Team Member Hotel Rates, other discounts, perks and more

What We're Looking For

We are seeking a highly motivated individual to join our dynamic Strategy & Development team. This role reports to the Senior Director, Strategy & Development and plays a key role in developing growth strategies, evaluating capital projects, analyzing financial performance, and working on debt financings for the organization. Working closely with senior executives, the Associate, Strategy & Development supports investments in acquisitions and new hotel developments as well as strategic pathways across multiple areas of the firm including corporate strategy, potential divestitures, corporate finance, and other special projects, all while gaining experience and exposure in the hospitality industry.

Who You Are

Hardworking, driven individual who is excited to learn and comfortable asking questions
Strong communicator who can transform intricate concepts into clear, actionable insights, skilled in both regular, informal check-ins as well as formal investment presentations
Meticulous organizer with impeccable attention to detail
Analytical dynamo who can leverage quantitative and analytical problem-solving abilities with a strong command of financial modeling
Proactive, takes initiative, supports strategic priorities, owns projects from start to finish, consistently delivering outstanding results
Veterans and military spouses encouraged to apply

What You'll Do

Strategy & Financial Planning

Work with senior executives on major strategic decisions and special projects
Effectively communicate strategic updates by developing compelling presentations
Analyze and track performance of properties and the Company
Support communications with the Board of Directors and with Loews Corporation

New Hotel Development and Acquisitions

Evaluate new investment opportunities for Loews Hotels & Co
Perform strategic and quantitative analyses, conduct due diligence, and determine appropriate company and/or project valuation
Independently execute primary and secondary research on markets and projects
Coordinate with partners and other key stakeholders
Cover transactions from deal sourcing through execution, approval, and opening

Corporate Finance

Analyze opportunities for debt financing at both new hotel projects and for our existing hotel portfolio and assist in the execution of those debt financings
Manage monthly reporting for executives related to new investment and debt activities

Additional Responsibilities

Attend all required meetings and/or training sessions and maintain regular attendance in compliance with Loews Hotels & Co standards
Comply with required departmental and company policies, procedures and service standards and safety regulations and procedures
Perform other duties as assigned

Your Experience Includes

Undergraduate degree required
1-3 years of relevant experience required; prior investment banking preferred: also open to consulting and/or commercial real estate firm experience
Financial modeling skill preferred
Strong Microsoft Office skills, Excel, PowerPoint, Outlook, Word, and Teams
Ability to effectively communicate, both verbally and in writing, with all levels of employees and guests in an attentive, professional, courteous and service-oriented manner
Strong organization and time-management skills with the ability to maximize efforts towards productivity, and meet deadlines
Ability to juggle multiple tasks & projects with superb accuracy in a fast-paced environment
Ability to work with different personalities/work styles and adapt to the changes and needs of the company
Must be capable of working independently as well as collaboratively, take a proactive approach, and anticipate needs
Flexibility and adaptability to changing priorities and deadlines
Ability and willingness to travel approximately 10% of the time/one two-day trip per month