Associate- Asset Management (Hospitality)

Comstock•Reston, VA

1d•$100,000 - $140,000

About The Position

The Associate, Hospitality acts as the primary representative for ownership, providing strategic oversight of third-party managed hotel assets. The role is responsible for maximizing the financial performance and long-term value of the hospitality portfolio. The Associate manages relationships with third-party operators, leads financial underwriting for potential transactions, and coordinates joint venture relationships. Through operational audits and financial analysis, the Asset Manager ensures properties align with ownership’s investment objectives and the company’s mission of delivering extraordinary experiences.

Requirements

3–4 years of experience in commercial real estate hospitality asset management.
Advanced skills in Microsoft Word and Excel.
Exceptional analytical skills.
High credibility and trustworthiness, with a high degree of integrity.
Ability to hold oneself and others accountable and strive for excellence.
Customer-focused and results-oriented approach.
Exceptional oral and written communication, active listening, and organizational skills.
Ability to establish strong working relationships in a team setting.
Ability to multitask and prioritize tasks with strong attention to detail in a fast-paced environment.
Self-directed and able to work independently with minimal supervision.
Must want to continuously learn and develop.
Positive, can-do attitude and ability to fuel growth and innovation.

Nice To Haves

Bachelor’s degree in finance, accounting, business, or mathematics preferred.
Experience working with Yardi and ARGUS preferred.

Responsibilities

Manage relationships 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 for assets, joint ventures, and the budgeting process.
Support transaction pursuit and due diligence, including preparation of Investment Committee materials and coordination of due diligence.
Perform sensitivity analysis and discounted cash flow analysis.
Monitor and report on asset- and portfolio-level performance to maximize investor returns.
Perform other duties as assigned, including financial and joint venture relations activities that may arise in day-to-day work.