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 and provides 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. By combining operational audits with high-level financial analysis, the Asset Manager helps ensure each property aligns 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.
Bachelor’s degree in finance, accounting, business, or mathematics preferred.
Desire to continuously learn and develop.
Positive, can-do attitude and ability to fuel growth and innovation.
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 with strong attention to detail in a fast-paced environment.
Self-directed and able to work independently with minimal supervision.

Nice To Haves

Experience working with Yardi.
Experience working with ARGUS.

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.
Assist with transaction pursuit and due diligence, including preparing Investment Committee materials and coordinating 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.
Carry out other financial and joint venture relations activities as needed in day-to-day work.