Strategic Hotel Asset Management Associate

Jobvite, Inc.

New York (NY)

On-site

USD 120,000 - 180,000

Full time

2 days ago
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Job summary

The experienced Associate for the Hotel Asset Management Team will be based in Starwood’s office in NYC. The Associate will support strategic asset management initiatives across the hotel portfolio and report to senior leadership on performance and value-add opportunities.

The role emphasizes financial modeling, market analysis, reporting, and coordination with JV partners and hotel management to drive value across investments and asset-level strategies.

Qualifications

  • 5+ years relevant experience in a finance or real estate role.
  • Background in real estate, finance, accounting, and/or capital markets with proficiency in financial concepts.
  • Strong financial modeling, presentation, communication (written and oral), and project management skills.
  • Ability and desire to work in a fast-paced, entrepreneurial environment with limited supervision.
  • Authorization to work in the United States.

Responsibilities

  • Assist in evaluating and implementing company and asset-level strategies regarding revenue and expense management, capital deployment, real estate transactions, corporate initiatives, and loan refinancings.
  • Manage monthly, quarterly, and ad hoc internal and external reporting processes, including building and maintaining valuation models, forecasting investment cash flow, and preparing ancillary analyses and reports for accounting, capital markets, and fund management.
  • Effectuate quarterly underwriting of existing investment thesis and performance/strategy updates for senior Starwood executives.
  • Facilitate and run disposition and refinancing transactions alongside other Starwood verticals.
  • Prepare investment memos and investment update presentations for senior firm leadership and respond to ad hoc requests from across the firm regarding hotel investments.
  • Liaise with portfolio company and hotel management teams and representatives from JV partners to assist with reporting, scheduling, relationship management, and project management.
  • Participate in monthly operating review and quarterly board meetings with hotel and corporate management teams.
  • Maintain knowledge of local hotel markets, including market performance trends, competitor information, recent transactions, and supply pipeline.
  • Collaborate with internal and external specialists and advisors to evaluate and implement value-add initiatives.
  • Develop relationships across Starwood and externally with JV partners, management and property teams, lenders, counsel, brokers, brand representatives, and consultants.
  • Travel, to visit real estate assets, companies and other key stakeholders and partners.

Skills

Financial modeling
Real estate finance
Communication
Project management
Presentation
Attention to detail
Team collaboration

Education

Bachelor’s degree in real estate, finance, business, or related field

Job description

The experienced Associate for the Hotel Asset Management Team will be based in Starwood’s office in NYC. The Associate will support strategic asset management initiatives across the hotel portfolio and report to senior leadership on performance and value-add opportunities.

The role emphasizes financial modeling, market analysis, reporting, and coordination with JV partners and hotel management to drive value across investments and asset-level strategies.

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